Description:
This first class restaurant and terrace bar is being offered exclusively for sale through us. With an enviable position in the popular resort of Playa Blanca this restaurant is well recognised as one of the top restaurants in the resort.
No expense has been spared in furnishing, decorating and equipping this business with the very best standards and taste and much of the furniture is virtually brand new. Outside is a terrace bar area with a fully fitted outside bar and barbecue perfect for functions or private parties or even for events like the world cup that has just passed.
The restaurant has been operating for over 15 years and is only under it's second ownership. As well as the tourist trade this restaurant there is good custom all year round from the locals whether British, Irish, Spanish or German.
The restaurant runs well on a daily basis and has healthy accounts demonstrating good turnover figures. The owners are more than willing to share these and other details with prospective purchasers. This business would suit a couple or family with some experience in the catering background. The restaurant is being sold due to the relocation of the current business in to freehold premises. Let this restaurant become your success!
Asking Price:
EUR €125,000.00
Our Ref:
BFL204
Terms of Sale:
Assets Only
Revenue (Income):
Undisclosed
Net Profit (Cash Flow):
Undisclosed
Time Established:
16
No. of Employees:
4
Expansion Potential:
Loads of potential with such a large well established restaurant such as this
Competition/Market:
Nothing in the area
Trading Hours:
9am - 2am
Reason for Sale:
Family Reasons
Owner Financing:
No
Value of Fixtures/Fittings:
EUR €100,000.00
Value of Stock/Inventory:
EUR €3,000.00
Website:
Property Type:
Leasehold
Lease Terms:
5 years renewable
Leasehold Rent:
2500 pm
Location:
Located on teh main road leading into the heart of Playa Blanca, just 5 minutes walk to the beach and 2 minutes from the resorts main bus station. This restaurant will be seen by everyone going into the resort due to its location
Premises Details:
No expense has been spared in furnishing, decorating and equipping this business with the very best standards and taste and much of the furniture is virtually brand new. Outside is a terrace bar area with a fully fitted outside bar and barbecue perfect for functions or private parties or even for events like the world cup that has just passed.
Size (Sq meters or feet):
200 sq meters