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Gastronomic Restaurant In Playa San Juan For Sale

Playa San Juan, Tenerife, Spain
Asking Price:
€750,000
Turnover:
€1,300,000
Net Profit:
€400,000

We are offering for sale a magnificent gourmet restaurant on the front line of the sea.

It is located in Playa san Juan. It has been open for more than 1 year with a demonstrable annual turnover in excess of 1.200.000.

It has an excellent reputation.
The sale includes: The takeover of the business, the employees, a rental contract in force for more than 8 years and a follow-up of the current managers over 1-3 months.

Contact us now for more information.

Property Information

Real Estate:

Lease

Lease Terms:

18 month left and still have 8years and an half of exploitation

Lease Rent:
€5,660 per sq ft per annum
Location:

First sea line

Premises Details:

Restaurant Licence

Business Operation

Expansion Potential:

possible to ampliate the activity offering gathering or diversifiyng with cooking lesson etc...

Competition / Market:

Few other restaurant but not having the same level in terms of gastronomic way.

Trading hours:

5 days a week for lunch and evening

Employees:
10

Other Information

Furniture / Fixtures value:
€300,000
Inventory / Stock value:
€100,000