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Restaurants for sale in Fuengirola Pubs for Sale on Costa del Sol Commercial Property for lease in Fuengirola

Restaurants for sale in Marbella and surrounding area

Restaurants for sale in Marbella and surrounding area REF: SBK579

Property Type: Restaurants

Type: Restaurants

Reference: For Sale

Location: Marbella and surrounding area

Price: 155,000.00Euros
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Description
Spanishbars.com quality listing!
Here is a great chance to take over a popular restaurant that has been trading successfully for over 4 years showing very impressive figures and an impressive net income to the present owner. The only reason why he now wants to let go of this goldmine, is that he is being tempted by a new venture on the beautiful island of Bermuda. Offered at a quick sale for 155.000 , down from 197.500.
Situated in an affluent and residential area on the New Golden Mile, both quiet and busy yet very close to the coastal road N340, this wonderful restaurant is outstanding, mostly because of its two sunny terraces. The restaurant itself is big enough for the winter trade, but in summer everybody is craving for some of the 80 seats outside. This is also where the famous BBQ is normally prepared!
The premises are nicely designed to give a friendly and relaxing environment for the guests to enjoy quality food. The commercial comes equipped with beautiful proper mosaic tables and handmade chairs, 2 patio heaters, a nice water feature outside and 2 toilets. The interior seats some 40 covers in the tastefully decorated dining room with large windows and glazed doors. These then opens up onto terraces on two sides.
A fully fitted bar deals with the drinks while the large commercial kitchen with all the equipment needed to produce the full 'a la carte' menu, takes care of all the delicious food served. The main cooking area is surrounded by separate food preparation, dishwashing and storage facilities.

If you see the restaurant in the low-season, it is hard to understand how successful it really is. But as an example, the current owner used to have a financial partner but bought him out after only six months work, paying everything with the healthy net income from the restaurant.

Here are the official figures 2003-2006:
Total 2003: 198.559
Total 2004: 229 857
Total 2005: 211.288
Total 2006: 231 845

In the peak of the high season, normal staff consists of 6 waiters and bar staff plus 4 in the kitchen. The loyal and great clientele consists mostly of English, Irish, German, Scottish, Canadians and Scandinavians who all love the International cuisine served. If the new owner would like to expand, no problem, according to the current owner the area is crying out for a good lunch restaurant, since there is a lot of bad food around.

Normal opening hours summer: 6 pm 02 am (can easily be expanded if serving breakfast and / or lunch
Normal opening hours winter: 6 pm 10 pm

Leasehold price : 155.000 for a quick sale. Down from 197.500
Lease years: 5 years renewable.
Rent : 1.643 IVA
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