7 Апр '08
Moscow group Restorator have $1.5m ready to invest in the construction of a 5-storey Café Penthouse in Nizhny Novgorod.
With a current annual growth of 20% in the local market, the café culture is a lucrative one in NN and so the company is hoping to recoup its investment within the first year.
The new café will open in the centre of the city on Maly Pokrovka street around the middle of May. It will take up 1,000 sq.m. and have space for 250 people, with the average customer paying $28 according to investors’ estimations.