Bar Restaurant For Sale

Business description

Asking Price: € 169.950 (Leasehold)

• Golf Location
• Expandable opening hours
• Modern Unit
• Ideal for franchising
• Taking circa €5,000 per week
• Largely staff run
• Renewable 20 Year Lease
• Sign Written Van Included in Sale
• Sale includes SL Company
• For sale due to other business interests outside of Spain

A superbly appointed Café Bar and Restaurant at the centre of a most popular residential area on the Southern Costa Blanca approximately 20 minutes drive from Alicante airport. The premises are located on a popular 18 hole golf course and benefit from ample on street parking immediately outside and a large car park to the rear.

Internally the premises comprise 90 m² with doors to both front and rear, we are advised that in excess of €100.000 has been invested in the high quality fixtures and fittings along with the comprehensive inventory of kitchen equipment.

Within the unit there is a small but well located bar area close to the front door, this leads to the principal part of the property which is laid out to comprise at present 34 covers, however ample opportunity exists to create further covers by adjusting the table plan. To the rear of the premises, there are separate ladies and gents toilets adjacent to a further door which leads to the ample rear car park and terrace.

The kitchen is well fitted and comprises a comprehensive range of stainless steel units and professional catering equipment, a detailed inventory of which can be provided upon request.

Externally the premises benefit from a small front terrace with presently 8 covers during daytime business hours, however there is informal consent with the adjacent businesses (Supermarket and Bank), that additional tables can be accommodated outside of these hours. To the rear there is a further terrace comprising at present 20 covers.

Presently, the current owners open Tuesdays to Sundays 11am to 11.30pm, scope exists therefore to expand the business with the introduction of a breakfast service (for which we are advised there is considerable demand) and/or open 7 days per week.

The business has a strong brand which was developed by our clients with the view of expanding the business through franchising.

The premises are held on a renewable 20 year lease, with at present 19 years unexpired. The annual rent which is inflation linked is a highly competitive €1550 per month.

Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor’s agents RTA.

RTA will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.

Property information

Real Estate:

Lease