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Modern Established Restaurant With Large Terrace In Santa Ponsa For Sale

Santa Ponsa, Mallorca, Spain
Asking Price:
€80,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€375,000
Net Profit:
€50K - €100K

we are pleased to bring this Modern a well-equipped restaurant with a large terrace based on a location with great footfall in the popular family resort of Santa Ponsa.

The restaurant is a true 'Turn-Key' business that has been trading successfully for the last 4 years!

The large terrace is over 80 sqm and has seating for 40+ people. Inside the restaurant is a similar space and has seating in the air-conditioned restaurant and has additional seating of 24 but could easily be increased

The decor has been recently updated to a high modern standard and would work with any cuisine

The Kitchen has been custom fitted and would be a pleasure for any chef to work in, the is an additional area for washing up/cleaning as well as a large amount of storage

The rent is just €2400 per month with a 10-year lease

The business has a solid set of accounts and shows a profit of €80,000+ for the current owners from a Turnover of between €350,000 - €400,000 every year.

Our company is a fully licensed commercial property broker based in Mallorca and covers opportunities across the whole of Spain.

Our experienced staff, are here, not just to advise on buying a business but can help you with all aspects of purchase and relocation. With a network of Lawyers, Solicitors, Immigration Specialists, and Accountants we can make the process go through as smoothly and efficiently as possible.

UK Buyers, we can arrange for a business visa which takes 3-4 months but will allow you to move to Spain post-Brexit with no issues.

Feel free to get in contact for a confidential discussion about this great opportunity and discuss your specific requirements for your next business acquisition.

Property Information

Real Estate:

Lease

Lease Terms:

10 years

Leasehold Rent:

€27,600 per annum

Location:

Santa Ponsa

Business Operation

Employees:
4
Years established:
4

Other Information

Support & training:

A Full handover will be provided