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Established Italian Restaurant In Almuñécar For Sale

Almunecar, Granada, Spain
Asking Price:
€295,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

This restaurant provides an opportunity to build a dream in a true Andalusian holiday resort. It is situated in the front line at the smart end of the resort with a view across the Mediterranean to the Peñones de San Cristóbal. It is has had the same owner for 20 years who is only letting it go because he wishes to retire. This is a stylish restaurant with a sophisticated interior without being intimidating to diners. Whilst the restaurant currently specialises in Italian cuisine, if a new owner has a different vision, it is capable of being easily adapted. The restaurant is incorporated into an apartment complex which can form a source of regular clients year round.

The interior is 110 m² which supports 30 covers. An additional 30 covers can be accommodated on the terrace. There are double glass doors all along the front of the restaurant which when open give an outdoor feel to the interior front row of tables. The terrace is a sun trap which can be shaded by retractable awnings. In the Costa Tropical climate the terrace can be used for much of the year at lunchtime.

It has a pizza preparation area, including a dough mixer and pizza oven viewable by clients.

There is an attractive bar area complete with a pay station, sink and bar fridge.

From a functional viewpoint there is a large modern stainless steel kitchen with a six ring gas cooker, deep freezer, standing freezer, slicer, double sink, dishwasher and worktop fridges.

Build size: 110 m² - Terrace size: XX m²
Freehold
Community charge: €600/year
Property tax: €600/year

A prospective buyer will need to sign a nondisclosure agreement to receive further information and full financial details. This will only be handed over at the premises, in person, to the prospective buyer after a visit.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Location:

First line seafront

Premises Details:

The restaurant is incorporated into an apartment complex .The interior is 110 m² which supports 30 covers. An additional 30 covers can be accommodated on the terrace. There are double glass doors all along the front of the restaurant which when open give an outdoor feel to the interior front row of tables. The terrace is a sun trap which can be shaded by retractable awnings.
It has a pizza preparation area, including a dough mixer and pizza oven viewable by clients.
There is an attractive bar area complete with a pay station, sink and bar fridge.

Size in square feet:
1,184

Business Operation

Expansion Potential:

Currently little reliance is placed on advertising. The restaurant relies largely upon word-of-mouth, Trip Advisor and Google
A new owner could certainly make more use of advertising and social media to draw in younger customers.
There is also the potential to grow the takeaway side of the business and even include, perhaps, home delivery.

Competition / Market:

This is a first line seafront restaurant and therefore it has local competition. There are other Italian restaurants/pizzerias in the area but we like to think that none are of the quality of Restaurante Dante. It is popular with the Northern European visitors and expatriates. Younger Spanish also look towards a change from the traditional Spanish restaurants.

Reasons for selling:

The owner is looking towards retirement in the next few years.

Trading hours:

High season 12:30 - 16:00 and 19:00 - 23:30 for 7 days/week
Low season 12:30 - 16:00 and 19:00 - 23:30 Tuesday to Saturday - Monday 19:00 - 23:30 - Sunday closed

Employees:
2/3
Years established:
21

Other Information

Support & training:

The owner will provide any reasonable support and advice

Furniture / Fixtures value:
€50,000 - included in the asking price
Inventory / Stock value:
€2,000 - included in the asking price
Website:
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Related Documents:

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