Highly-rated Indian restaurant for sale due to relocation to the UK.
- Asking Price:
- €99,000 Furniture / Fixtures included
- Turnover:
- €150,000
- Net Profit:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
10 year + 10 year guaranteed. Allowed to transfer/sublease
- Leasehold Rent:
-
€1,250 per annum
- Living Accommodation:
-
Possibility of 2 bedrooms and bathroom is already there in working condition as employees already living there but need bit of renovation.
- Location:
-
2 minute walk from beach and up to 1000 free cars parking capacity. Old town of Puerto de la Cruz. Tourist all year round
- Premises Details:
-
The premises are located in busy walking streets where cars are not allowed to drive. Tourists come to visit the old part of town by walking and are surrounded by lots of different cuisines, such as Italian, Canarian, and German.
- Size in square feet:
- 110 m restaurant
- Planning Consent:
-
N/A
Business Operation
- Management type:
- This business is employee owned (ESOP).
- Expansion Potential:
-
At the moment it’s fully staff-run business as owner has moved to UK. Huge potential in right hands.
- Competition / Market:
-
NA
- Reasons for selling:
-
Relocation
- Trading hours:
-
13:00 to 23:00 Fri to Wed
- Employees:
- 4
- Years established:
- 100
Other Information
- Support & training:
-
Available if required. Staffing will be passed on only if required.
- Furniture / Fixtures value:
- €99,000 - included in the asking price
- Inventory / Stock value:
- €2,000
