Edinburgh restaurant in search of new owners as business listed for sale
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An Edinburgh Lithuanian restaurant has become available as the owners list the business for sale.
Pinciukas, located at Morrison Street, is now in search of new owners after two years. The current team have worked hard to successfully establish Scotland's first Lithuanian restaurant.
It's available for a leasehold price of £79,000 and a rent price of £32,000 is being asked.
The business makes the perfect opportunity for someone looking to enter the hospitality industry and comes fully equipped with a spacious and professional kitchen.
Over the years, the restaurant has earned a loyal clientele and a 4.5 rating on TripAdvisor.
The listing on RightBiz reads: "Attractive and fully refurbished business. Ideal for hands on ownership. Would suit a variety of international cuisines and trading styles. Great trading location on Morrison Street. Opposite the EICC as well as being amid the financial/office district and numerous hotels. Immaculate unit – to be sold on a debranded basis.
"Pinciukas has been in our client's ownership since 2023. Our clients have worked hard to successfully establish Scotland's first Lithuanian restaurant. In terms of critical success, the business is exceptionally well regarded with superb ratings on both Google and Tripadvisor.
"The highly visible trading location as well as the appealing central location should appeal to a variety of operators and cuisine styles. Prospective purchasers will find an adaptable space and with minimal capital expense, would lends itself well to a variety of trading alternatives.
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"The premises are impressively equipped, with the kitchen offering a spacious and professional environment to suit dedicated caterers.
"Our clients choose to operate on a restricted basis, operating the unit for only 38 hours per week. Our clients operate profitably on these truncated hours, however new owners will immediately recognise that there is considerably more trading potential with this business, notably a lunch and even a breakfast offering. The premises are licensed fully to 1am."
One review from a previous customer reads: "An excellent lunch of tasty food, generous helping and friendly service conveniently sited between Haymarket and the Lyceum."
A second added: "This restaurant is a must try, you won't be disappointed."
"Me and my family really like this restaurant, it offers an amazing service really good drinks and veryyyyyy tasty food. Visit it at least once a month", a third review reads.
You can view the full listing on RightBiz here.
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