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Charming Little Restaurant In Ibiza For Sale

Santa Eulalia, Ibiza, Spain
Asking Price:
€220,000
Turnover:
€250K - €500K
Net Profit:
Available on request

We are very pleased to list the perfect Bistro on Ibiza in the Area of Santa Eulia,

Santa Eulària des Riu is a town on the east coast of Ibiza, one of Spain’s Balearic Islands. Overlooking the town is the whitewashed Puig de Missa, a fortified church complex with a watchtower. Nearby, the Ethnographic Museum houses traditional island artifacts in an old farmhouse. Craft stalls often line Paseo de S’Alamera, a tree-lined street. The main square, Plaça d’Espanya, is home to the colonnaded town hall.

Established in 1984 the current owners and have run the business successfully for 5 years. Serving French Contemporary food this is a very popular restaurant and is used by a regular haunt for Tourists and Locals alike.
The restaurant Inside is 160sqm with a lovely outside terrace of 20 sqm giving with room for over 60 covers in total, this is a busy little place. It has a very well equipped Kitchen perfect for 1-2 chefs so ideal for a family type business.
The premises have been recently renovated and beautifully furnished, and the restaurant is for sale as a turnkey business (complete with all fixtures and fittings, including kitchenware) ready to continue trading from day 1.
The rent is a very reasonable 2000 euro’s a month for the area are open from April right through to November but there is potential to extend the season as they do have a lot of local trade.
The turnover is approx 300K per year which generates a very nice profit as most the food is cooked from scratch and prepared in-house
The is also an additional space in the back which could be used to extend the restaurant or easily could be converted into an additional business such as an ice cream shop or takeaway
Restaurants do not come up in this area often especially ones which should a good reputation get in touch now if you would like to know more information.

Property Information

Real Estate:

Lease

Location:

Ibiza

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