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Golf del Sur - Prime Location Restaurant
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Ref: Finder 1046T
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Area: South
Tenure: Leasehold
Term: 5 Yrs Renewable
Rent: € 2,444 per Month
(approx £ 1,679)
Price: £ 128,000
(approx € 186,310)
Other:
Main square location, profitable opportunity.
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Looking for a challenge? If you are an experienced restaurateur looking for a substantial business in a prime location in the sunshine then this ‘Restaurant’ could be the one for you.
Located in the main square of a resort where there has been a huge increase in tourism over the past couple of years, the owners of this restaurant report annual net profits of over 100,000€. Full accounts and the day to day ledger are available to seriously interested potential buyers upon viewing the business.
Inside, the restaurant measures forty-eight square metres with the main seating area a further ninety square metres on the plaza, providing seating for at least one hundred people. Underneath the restaurant is a storage area of one hundred and fifty square metres, part of which is rented out by the present owners.
The restaurant is very popular with tourists – this is an area full of time-share and holiday accommodation where, as the vendors say “everyone eats out all the time”. The restaurant opens at 9 am and closes at midnight, serving meals all day long. Including the owners there is a staff of fourteen.
COMMENT:
The business was started from scratch by the present owners five years ago and now they are ready to move on. They are leaving a very soundly-based and profitable business - ready for the buyer to walk in, take over and make money from day one.
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