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Fish & Chip Restaurant
Asking Price €249,995 Leasehold / €695,000 Freehold
Turnover of €500K with very high margin returns
Established in 2008 with loyal customer base
Excellent busy location
Option to purchase freehold or leasehold
This is an excellent opportunity to purchase a long standing and very successful fish and chip restaurant located in a busy location. The restaurant was opened in 2008 by the current owners and has grown substantially trading today at €500K / year with excellent net profits, providing an excellent return on investment for the new owner.
The modern and light interior of the restaurant is more than 200m2 and is equipped with a state-of-the-art kitchen set. Seating capacity is further enhanced with the use of the generous 50m2 terrace. The restaurant currently trades 6-1/2 days per week and is open for lunch and dinner at very respectful hours (12:30 to 3:30 and 5:30 to 9:30). The restaurant has gone through some recent renovations including new bathrooms.
Whilst the main menu focuses on Fish & Chips it also offers other dining options such as pizzas, burgers and BBQ. Serving breakfast could offer the new owner even higher turnover, as well as opening later in the evenings, particularly on the weekends. Although summer is the busiest time due to the location close to the Castillo de la Duquesa, the restaurant is busy all year round and receives many of its customers from Gibraltar.
***** BREXIT UPDATE *****
Do not let Brexit stop you buying a business in Spain. You can still obtain your residency and all required paperwork to move to and work in Spain. Our legal advisors are on hand to assist with this.
Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.
Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.
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