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Profitable Catering Business With License In Madrid´s Financial District For Sale

Madrid, Spain
Asking Price:
€95,000 Furniture / Fixtures included
Turnover:
€100K - €250K
Net Profit:
Under €50K

Profitable catering and restaurant business for sale in Madrid´s financial district near Bernabeu Stadium and many offices. Established business with hundreds of positive reviews. Available dine-in area with 20 seats. All machines are included. American-style cuisine.

Property Information

Real Estate:

Lease

Lease Terms:

3 years left on the 5 years lease but if the buyer wants to extend the contract to other 5 or 10 years the owner is willing to do so.

Leasehold Rent:

€38,400 per annum

Location:

Prime street location in Madrid´s financial district. Near Santiago Bernabeu Stadium, El Corte Ingles and Castellana street one of the most important ones in Madrid

Premises Details:

Entrance directly from the street. 170 square meters. Industrial hood with license. 2 floors. Bathroom, changing rooms and offices in the upper floor. Dine in area, kitchen, delivery and orders area and bathroom for customers in the first floor

Size in square feet:
1,800

Business Operation

Expansion Potential:

This business has already everything (brand, image, menu, operation, suppliers) to be replicated successfully in future venues.

Reasons for selling:

Business is non-core

Trading hours:

Mon-Sun 12.30-4 PM and 8-11.30 PM

Employees:
3
Years established:
2

Other Information

Support & training:

The management team will be available phisically working hand in hand with the buyer for one entire month if needed

Furniture / Fixtures value:
€40,000 - included in the asking price