Asking Price: €2,500,000
Family-Run Italian Restaurant Business
Daily Sales of 700 to 800 Pizzas
Highly Successful Restaurant with Exceptional Turnover (in the seven figures) and Net Profit (in the six figures)
Current Performance (August 2021) Shows a 15% Increase Compared to 2019
The restaurant comprises four units, two of which are freehold and two are leasehold, each unit spanning an area of 60m2. The expansive terrace, ranging from 75 to 135m2, accommodates between 260 to 300 patrons.
Operating from January through the end of September, the establishment boasts two pizza ovens and a fully equipped kitchen. With a history spanning 12 years since its inception in 2008, recent upgrades include the installation of a new floor and a sunroof.
The lease agreements for the two buildings extend for a rolling term of 10 years, with a monthly rent of €920 per unit. Additionally, the restaurant holds contracts with a brewer and a coffee machine provider.
Employing between 18 to 25 staff members, including 10 kitchen staff, the owner offers training to facilitate the transition for potential buyers.
Situated along the renowned Arenales del Sol beach, boasting nearly three kilometers of pristine white sand, the restaurant enjoys proximity to the Clot de Galvany Nature Reserve. Surrounded by the vibrant hamlet of Elche, the restaurant benefits from a range of complementary amenities, including restaurants, shops, kiosks, and a street market operating from June 15th to September 15th.
This thriving restaurant business presents a rare opportunity for discerning investors seeking a lucrative venture in a prime coastal location.
