MergerPlace

Charming restaurant in Andalusia village

Malaga, Spain


  • Asking Price: $127,000
  • Gross Income: $144,000
  • Cash Flow: $31,750
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $57,000
  • Listing ID: #208999
  • Established: 2017
  • Employees: 2

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 central square, village and 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 & work in Spain. Currently house for rent includes the restaurant and the living quarters.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Spain
Metropolitan Area: Malaga

Company Information

Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $127,000
Gross Revenue: $144,000
Cash Flow: $31,750
FF&E: $57,000
Seller Financing Available: No

Property Information

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

Growth & expansion opportunities:

The very charming location is in the Sierra town of Andalusia. New owners could open all yr 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.

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.

Reason for selling:

Family matters

Support & Training:

Owner will stay for a couple of weeks.

Contact Business Seller

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Business Listed By:

Roberta Caputo

Capital Business Solutions