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Bar Restaurante En Los Cristianos For Sale

Los Cristianos, Tenerife, Spain
Asking Price:
€100,000
Turnover:
€165,000
Net Profit:
€62,160

Leasehold in commercial centre SAN TELMO LOS CRTISTIANOS

Premises with Restaurant licence, Italian cuisine.

Selling price 100,000 € with all installations and furniture.
Premises with restaurant licence (pending final approval).

Local with interior capacity for 20 to 30 people and 12-15 people outside in part of the terrace. Very large terrace in a pedestrian area. Very good view on the first line of the sea.
Currently a bar / restaurant.

Ideal location 20 meters from the beach of Las Vistas in Los Cristianos.

Property Information

Real Estate:

Lease

Lease Terms:

5+5

Leasehold Rent:

€23,112 per annum

Location:

Ideal location 20 meters from the beach of Las Vistas in Los Cristianos.
They have a large clientele of residents, tourists as there are many hotels and VV accommodation in the area but also a lot of local people.

Business Operation

Expansion Potential:

Currently open for a service from 13.30 pm until 19.30 pm.
Closed 1 day a week.
Possibility to extend opening hours (can be open from 8-9.00 am until 2.00 pm) and double the profitability.

Trading hours:

Currently open for a service from 13.30 pm until 19.30 pm.
Closed 1 day a week.
Possibility to extend opening hours: can be open from 8-9.00 am until 2.00 pm.

Employees:
The current team, 2 waiters, 1 cook and 1 assistant. ( including the managers) , only contracted employee.