Downtown reykjavik Laugavegur

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Downtown reykjavik Laugavegur

• RESTAURANT FOR SALE
• ICELAND

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RestaurantCatering service

• Restaurant is located on main shopping street
• Restaurant with 80 m2
• Up to 40 seats
• All furnished included inventory
• spacious bar
• Sound system
• 2 entrances
• Open since jun 2008

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Garden

• Over 200 m2
• aprox 80 seats
• Garden furniture
• Outside bar
• Tent
• Live music in summer, catering
• BBQ equipment
• Sound system,
• Events, groups
• Separate entrance

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KITCHEN

• 19m2
• On 1st floor
• Fully equipped
• Ovens, cooling - freezing systems, air
  condition, heating lamps, etc.
• Staff toilet
• Storage room 15m2
• focus on fine dining cuisine

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1st floor

• Kitchen
• Office 6m2
• Storage room 15m2
• Loft storage room 20m2
• Staff toilet

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OUR BRAND

• Philosophy
• Stop pretending good restaurant must be expensive
• Fine dining, fresh, home made products
• Educated, experienced staff
• Trained service
• Outside catering- embassies etc.
• References

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Licenses

• Alcohol license
• Food catering license
• Opening license weekdays 11-01
• weekends 11-03
• Outdoor Garden license

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PRODUCTS

• Lunch 11-5 , easy, fresh, quick
• A la carte/dinner 5 11, seasonal influences
• Travel agencies deals /
• Tourist group menu
• Catering , private parties, weddings

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SALE

• SALES after transition from previous owner to
  Restaurant
• 2008
• 14th May 2 523 000 Isk
• June 4 056 000 Isk
• July 4 838 000 Isk
• August 5 631 000 Isk
• Sept 3 258 000 Isk
• October 3 630 000 Isk
• November 3 348 000 Isk
• December 3 463 000 Isk
• 8 months total 30 700 000 approx.

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Outgoings

• FIX COSTS average per month
• Rent negotiable with owner of the
  building(current 400 000)
• Heat, Electricity 45 000 50 000
• Security- 20 000
• Telephone /internet- 20 000
• Garbage disposal 20 000
• Extra cost (candles, napkins, cleaning supplies,
  ) 50 000
• Pay roll 1 200 000
• Total 1 710 000
•   FOOD AND BEVERAGES COSTS
• The food and beverages cost is aprox. 30 of
  sales per month.

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MARKETING

• Our marketing campaign for this year
• Printing media and local Radios stations
• Special deals with hotels
• Summer garden festival

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Employees

• 3 chefs full time
• 2 waiters full time
• 2 waiters part time
• Part time employees during summer

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Environmental

• Main shopping street in Reykjavik. Bank offices
  next door. Hotels in surroundings. Designer
  stores. Bus station 200 m. Large parking lot
  behind the building. Good marketing with lobby
  staff in main hotels and travel agencies

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CONTACTS

• Jon 354 697 7577
• Ivan 354 849 3875
• www.lystin.is
• www.youtube.com/watch?vzNvIPhgTQMc
• www.grapevine.is/Author/ReadArticle/Lystin-Restaur
  ant-Review