Total of 18659 firms and businesses for sale today Friday 17th May 2024
Time to Sell or Time to Buy !

Restaurants Business For Sale

LISTING DETAILS
Firms For Sale ID:
12516
Vendor reference:
SB586
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
€240,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Here is truly a once in a lifetime-chance to make ta superb purchase: 1 000 m2 constructed on three floors, including two well-known restaurants and 2 apartments!
The commercial plus apartments are being sold as an SL-company ( all papers in perfect order and transferable without risk, legally vetted prior to any sale) the total price for two restaurant plus two apartments, is 240.000 Euros!
This truly wonderful establishment comes fully equipped and furnished; everything was new or renovated in 2006, including most of the kitchen equipment.
The ground floor is 350 m2 with seats for 150 guests plus an additional 60 seats on the terrace just outside. It has a very loyal clientele, both locals and as well as holidaymakers and tourists, and generates a lot of passing trade from its excellent location. The restaurant has made an impressive name for itself for its paellas, meat dishes and all the fresh seafood served and is a perfect place to arrange meetings for companies, celebrations, weddings, birthdays, parties and tributes.

On the first floor is a separate cosy and fully furnished restaurant that is added to the other or rented out and run as a separate pizzeria or restaurant. The size is 150 m2 and it has a good capacity for 80 seats, including a commercial kitchen and big storage.
Also on the same floor is a one bedroom apartment of 60 m2, and comes fully furnished with a kitchen and bathroom.
On the 2nd floor there is a second apartment of 100 m2, with two bedrooms, kitchen and a bathroom. The apartments have a separate entrance so that they can easily be rented out and pay for the rent of the total business, two restaurants and the two apartments!
The skilled staff will be happy to stay onboard, should the new owner so desire.
Leasehold price : 240,000 Euros.
Remember that both apartments can be rented as holiday lets and the high season rental prices in Marbella are in excess of 600 weekly for a two bedroom apartment.
The second restaurant can also be rented. This could result in having no actual rent to find plus free accommodation in the remaining apartment!
Offered in total at 240,000 Euros.
Rent : 6.500