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Established Hotel, Restaurant, Cafeteria And Apartment In Toledo For Sale

Toledo, Spain
Asking Price:
€250K - €500K Furniture / Fixtures and Inventory / Stock included
Turnover:
€250K - €500K
Net Profit:
€50K - €100K

Near Toledo, one hour from Madrid, in a rural area, is this hotel-restaurant with a cafeteria, with a charming terrace, very well located in a charming town.

It has been in operation for more than 60 years due to retirement.

There is also a well included in the basement, completely open plan, with a 100 meter tubular well.

Vertical. With drinking water and extraction pump.

Ground or street floor located restaurant, with its direct entrance door to the restaurant and four windows, with blinds and fully air-conditioned motorized door closures, with A/C, piped music, fully illuminated with artificial light, LED light, with two services for dining room customers.

First floor located in the hotel, construction year 2018, and in the same year another plot of land was purchased to make an interior terrace, with an extension of 120 meters.

It has a porch, an extendable glass window (can be retracted), communicating with the cafeteria-bar, barbecue, built-in, 1.5 meters. wide, with a bar on the terrace.

Everything communicated internally and externally

Property Information

Real Estate:

Real Property Included

Living Accommodation:

There is an apartment included, currently used as part of the hotel, used to be the living quarters of the couple

Location:

Center of town, small village close to Toledo, an hour from Madrid

Premises Details:

Building is owned by the couple, consist of several buildings, united over the years

Business Operation

Reasons for selling:

Retirement

Trading hours:

Hotel and restaurant hours

Employees:
0-5
Years established:
Around 1960

Other Information

Support & training:

Couple has opened another restaurant in a village nearby, they are looking a scaling down their activities

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable

Business closed / Asset sale:
Yes
Home based:
This business can be run from home.