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Well Established Beachside Restaurant
Location: Spain -> Nerja
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

Rare opportunity to acquire this well-established beachside restaurant in Nerja. The restaurant has loyal clientele composed of different nationalities as well as ex-pats that keeps it busy all year round and this is why it ranks in the top 10% on review sites.

The restaurant offers great value home cooked food and prides itself on the friendly service the current owners have offered for the last 10 years which is why it's customers return again and again and also the reason the restaurant is very successful.

The restaurant has 5 employees 4 of whom have been with the restaurant for over 8 years, this really is a close well run business with which the purchaser can hit the ground running.

Inside there are seats for 40 customers and the space is comprised of 65m2 plus a terrace of +/-25m2 giving an additional 15/20 seats in the warmer weather, as well as a storage room the size of a double garage behind the restaurant.

The owners have successfully operated this restaurant since 2008 which they bought from the previous owner who ran it for 8 years, the location is a proven spot for success.

Prospective owners can continue to run this as it is or, because if it's location and being well equipped, it can be adapted to any style of eatery. Financial information can be provided to qualified buyers. With scope to expand by opening 7 days a week, for breakfast, for 12 months of the year, this restaurant offers exceptional value for money and gives a buyer a great opportunity to build on the already success it is enjoying.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned




Print Listing Id: 700357209
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

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



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