Summary
- Asking price:
-
€125,000
- Sales revenue:
- €160,000
- Net profit:
- < €250k
- Years established:
- 6
- Employees:
- 1
Business description
The Restaurant is in a quaint village called Limonge en Quercy in the Lot. It is on the St Jaques Compostello route in a village of several commerces and close to many tourist sites. The cafe/restaurant is popular and well frequented, seats 50 inside,and 60 to 80 people on the terrace. The kitchen is well equipped and conforms to the strict european norms.
Property information
- Real Estate:
- Lease
- Lease terms:
- Based on the French system of a three, six, nine year lease: The rental is 653Euros per month.
- Living accommodation:
- There is a three bedroom apartment above the business with a small studio apartment for staff and an office. It is centrally heated: The rental for this is 381Euros per month.
- Location:
- Prime village location. Well known and established business.
Other information
- Expansion potential:
- This business is at its peak but any imaginative person could create their own style and add their own ambiance.
- Competition / Market:
- There are other cafes and restaurants in the village.
- Support & training:
- Owners would be happy to stay on as long as is needed to help with orientation and support.
- Reasons for selling:
- A couple who want to move on and start a new adventure.
- Trading hours:
- all day into the night
- Financing available:
- Banks in the region would be open to offering loans based on previous balance sheets of the business.