Tapas Bar & Restaurant Traspaso For Sale

Business description

This restaurant is situated on the street leading to the old town beach in Puerto Del Carmen. Currently only opening from 12pm - 6pm Monday to Friday the owners enjoy the pleasure of working little over a 30 hour week. Having been established as a tapas restaurant for over 12 years the restaurant does benefit from a large amount of repeat trade. The current owners, being English, bring in many tourists to try one of the world's growing cuisines although they still offer filled rolls and sandwiches ensuring that all in the family can enjoy the experience. With a genuine reason for sale this business is priced to sell and offers a lot of potential to new owners to open more hours to generate a greater profit.

Property information

Real Estate:

Lease

Lease terms:

New 5 year lease available to new owners

Location:

Busy walking street in the old town of Puerto Del Carmen leading to the harbour (which is currently being converted in to a new sports marina) and the only beach.

Other information

Expansion potential:

The location and the licence would allow new owners to extend opening hours or even what the bar is used for with ease.

Competition / Market:

There are very few Tapas bars and restaurants!

Support & training:

The current owners, although needing to return back to the UK to care for elderly family, will give new owners any assistance and training that they require with the transfer of the business.

Reasons for selling:

Returning back to UK to care for elderly relatives.

Trading hours:

12 until 6pm Mon-Fri

Furniture / Fixtures value:

€25,000

Inventory / Stock value:

€1,000

Related documents:

• More Information

Contact the seller

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

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.