This well-established Spanish tapas restaurant has been a local favorite for over 12 years, delivering bold, authentic flavors and warm, family-friendly hospitality in a cozy rustic bistro setting. Guests consistently rave about the fresh, shareable small plates. All items are crafted daily from premium ingredients and designed for passing around the table. Signature sangrias, refreshing cocktails, an impressive wine list, and a lively yet intimate ambiance create the perfect escape for casual nights out, special celebrations, or memorable group dinners, with seating for 90–98 guests plus a private dining room that accommodates 40+.
The business generates $1,250,000 in annual gross revenue and a strong $300,000 in net profit (24% margin) while occupying a turn-key 2,600-square-foot space. It operates under a highly favorable lease at just $8,008 per month, renewed two years ago with three years remaining plus a five-year renewal option and standard CPI adjustments. The operation is fully staffed, equipped, and ready for seamless ownership transition, with strong year-round performance driven by loyal repeat customers and efficient operations.
Priced at $899,000, the sale includes all furniture, fixtures, equipment, proprietary recipes, supplier relationships, and a highly valuable Class 33C plenary retail consumption liquor license. This is a rare opportunity to acquire a profitable, fully operational tapas restaurant with excellent financials, a prime lease, and proven success in a high-demand category.