Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Pastries & Coffee Shop In Riga, Latvia For Sale

Riga, Rigas
Asking Price:
$165,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$343,000 (USD)
Cash Flow:
Under $50K (USD)

UAB Albineta, Lithuanian LLC, owning the brands “Thierry Kepykla“ and „Thierry Boulangerie“,
wishes to sell their daughter subsidiary company SIA "Thierry Boulagerie" in Riga, Latvia.

Sale object is a pastries and coffee shop located in Riga‘s commercial centre AKROPOLIS.
https://www.facebook.com/Thierry-Boulangerie-2239995242941702/

Business can be sold with or without a franchisee and supply contract.
There are 8 employees in local contracts.
The shop opened in April, 2019. Current sales without VAT are an average of 26.000€ /month, for a calculated break-even of 35.000 €/month.

Get up to profitability would be a matter of presence of the general manager and better knowledge and analysis of the specificity of Latvian market.

Contact seller through form application for more information.

Property Information

Real Estate:

Lease

Lease Terms:

Akropolis contract

Leasehold Rent:

$104,000 (USD) per annum

Location:

AKROPOLIS commercial centre, Riga

Premises Details:

Best people flow position in the commercial centre. 184 square meters.

Size in square feet:
1,980

Business Operation

Expansion Potential:

Based on the new owner presence, business experience and "know-how" to run such a business.

Competition / Market:

There is a McDonalds and one small other coffee shop.

Reasons for selling:

Owners not being present in Riga, are not able to drive to the location efficiently.

Trading hours:

7days a week, 10-22.

Employees:
8
Years established:
2019

Other Information

Support & training:

Full support and training offered.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Based on a possible agreement with the bank which provided a credit for the assets, price is either negociable or payable over time.

Furniture / Fixtures value:
$80,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price
Website:
Login or register to view link
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here