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Huge Bar Restaurant With 6 Room Hotel
Location: Spain -> Alicante
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

A very large 300m2 separate Bar and large restaurant for sale in SAN MIGUEL DE SALINAS (NEAR TORREVIEJA AND ORIHUELA COSTA)ALICANTE. The restaurant has a total of 64 covers on the inside and a further 80 on the large outside private terrace. The kitchen is fully fitted out with all top quality machinery as well as Volcanic steak grill.

The restaurant is run as an steakhouse and has more customers than any other restaurant in the vicinity.The restaurant and bar are fitted with air conditioning units that are hot and cold units for summer and winter.
The bar is also fitted with Legal smoke extraction units which many bars do not have.

It is the whole building in the photo. With potential to expand business. INCLUDED is A fully furnished six room Motel with a further 200m2. Recognised by Spanish Tourism Board with 1 silver star *. This could be used as living accommodation. This Motel is situated on the edge of San Miguel de Salinas overlooking miles of orange and lemon groves. It is ideally placed in a lovely rural setting, for all types of holidays and breaks. Golf enthusiasts will have the opportunity to play on any one of the 5 excellent courses that are within a 20 minute drive. Local facilities include horse riding, quad bikes, fishing , walking and sight seeing.

This is a one off opportunity, and will rent quickly as there is nothing similar to it in the area. I am the freehold owner of this large Bar Restaurant Hotel for the last 6 years. When we were running the bar in 2007/08 we were taking up to 35,000 euro per month declare We are now looking for new tenants to take over, we require one years rent up front of 40,000 euro to sign a one year rental contract at 0 euro per month (NO RENT TO PAY).


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,200,000
Cash Flow:   $600,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,000
Seller Financing:  No

About The Business

Year Established:  2005
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes if needed.
Reason For Selling:  Wife had a stroke.

Photos

View Larger Photo(s) Of Business
Huge Bar Restaurant With 6 Room Hotel Photo 1 Huge Bar Restaurant With 6 Room Hotel Photo 2 Huge Bar Restaurant With 6 Room Hotel Photo 3




Print Listing Id: 700111877
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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