Buy an Amazing Restaurant Great Location Great Turnover For Sale business for sale in Estepona on BusinessesForSale.com

  • Advert ID: 616015
  • (Seller ref: MES1043)

Amazing Restaurant Great Location Great Turnover For Sale


Location:
Category:
Asking price:
€194,500
Sales revenue:
€500k < 1m
Net profit:
< €250k
Years established:
2
Employees:
4


An astonishing opportunity to acquire an exceptional restaurant in beautiful countryside just a few minutes’ drive away from the centre of Estepona, Costa del Sol. This bar restaurant has been fully renovated and refurbished to an exceptionally high standard in a traditional Andalucian rustic theme. This restaurant is a very well established business with local residents of all nationalities, tourists and attracts plenty of passing trade.
This restaurant is ideally located in the countryside, close to Estepona town centre, close to the coastal road and the toll coastal motorway from Gibraltar to Malaga, also nearby are two large trading estates and a National Park.
There is ample parking off the road at the front of this restaurant. Inside you are welcomed into a lovely reception area with a traditional rustic open fire place. From the reception area you enter into a 60m2 bar lounge area, welcomed by cosy comfortable sofas, glass top coffee tables and a terrific dark wood hand crafted bar. The bar area is a stunning enticing area to relax with a drink either before your meal and/or enjoy a drink after you meal, this area seats 40 comfortably.
The adjoining dining room 65m2 offers lovely natural light and comfortably seats for dining up to 60. This dining area has patio sliding doors that open out into a splendid mature secluded rear garden, with magnificent views of the mountains where there is extra dining for a further 40 persons.
This restaurant has a very impressive kitchen fully equipped with plenty of stainless steel work surface area, a central cooking area with a commercial hob and oven and a central extraction unit, extra planchas, very large industrial size fridges and freezers and a separate walk in storage room. There is also another separate room adjacent to the kitchen for washing and preparation with a large commercial dish washer.
The present owners have dedicated the last two years and invested in excess of 200,000 euros to create this sublime bar restaurant.
This has been a passion for the present owners, but the owners’ unfortunate ill health has lead to this reluctant sale. The business in its first year turned over in the region of 9,000 to 10,000 euros per week. The owners will be pleased to disclose accounts to serious buyers when viewing these premises.
The present owners have cleverly marketed this restaurant offering cuisine for corporate events, communions, christenings, wedding receptions’, they also offer Royal Ascot Ladies Day and other similar offerings in their calendar. Sunday roast lunches are very popular here, and to cope with the demand the present owners offer two sittings on every Sunday.
This is an opportunity to buy into an ongoing quality business with a good turnover, all the clientele and an ongoing terrific revenue potential at a fantastic price.


Real Estate:
Lease
Lease terms:
10 years and then 10 years renewable thereafter.
Location:
This restaurant is ideally located in the countryside, close to Estepona town centre, close to the coastal road and the toll coastal motorway from Gibraltar to Malaga, also nearby are two large trading estates and a National Park.

Expansion potential:
The restaurant has another area to the side of approximately 75m2, it is a disused swimming pool at the moment. This can easily be converted into a decking area, barbeque area to attract more clientele.
Competition / Market:
Nothing at all like this superb restaurant for miles around.
Support & training:
A negotiable handover period will be offered by the current owners.
Reasons for selling:
Ill health of the Chef / Owner. He needs to relocate close to Malaga for his treatments and to be closer to his specialist.
Trading hours:
11.00 - 23.00

For more information about this business for sale, click the Contact Seller button.

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