Charming restaurant in Andalusia village in SPAIN

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Asking Price:
$127,000

Gross Revenue:
$144,000
Cash Flow:
$31,750
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$57,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Charming restaurant in one of the picturesque Villages of Andalusia, in the South of Spain. Very well located in the center of town, with nice views over the central square, village & mountains. Business has many customers and is well positioned in the gastronomic and social guides. Dishes are modern Mediterranean cuisine. Profitability of 26% makes it a luxury to live and work in Spain. Currently the house for rent includes the restaurant and the living quarters.

About the Business

Year Established:
2017
Number of Employees:
2
Facilities:
Fully furnished, fully equipped kitchen, living room: cutlery, tables, chairs, crockery, wine coolers, air conditioning / heat pump, air curtain. Interior room with capacity of 16/18 . Covered terrace with porch capacity 26/28 . Nice views to Sierra Basement & warehouse, freezers and refrigerators. Apartment for residence in the same picturesque beautiful house. Rent: $ 1.200
Market Outlook/
Competition:
Though the current owners are open only at night during the summer months, the place has restaurants open the whole year. Restaurant has a 26% return from only open part time.
Growth & Expansion:
The very charming location is in the Sierra town of Andalusia. New owners could open all year round. The house has a basement to build a pub. The weather is great , and the views you see from the village are: the Mediterranean Sea, Strait of Gibraltar and the Rift Mountains in Morocco. This is very attractive to tourists and artists who make up 90% of the customers. Artists from around the world live here all year long.Great business opportunity.
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About the Sale

Reason For Selling:
Family matters.
Training/Support:
Owner willing to stay for a smooth transition.

Listing Info

ID:
1541609
Ad Detail Views:
22

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Capital Business Solutions

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