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Restaurant In Prestigious Puerta Portals Mallorca For Sale

Calvia, Mallorca, Spain
Asking Price:
€190,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€500K - €1M
Net Profit:
€100K - €250K

This famous restaurant has been trading for 45 years, with only two owners. The current owner wants to retire within the next two years . Before his 75th birthday. This very successful business is open 365days and from the first day you will be in profit, all 8 staff including the head chef of 25 years are willing to continue. This really is a great opportunity and investment.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

17 years lease,

Leasehold Rent:

€22,000 per annum

Business Operation

Reasons for selling:

Retirement after 24 years

Trading hours:

9am till 11-30pm
365 days a year

Employees:
9
Years established:
45

Other Information

Support & training:

Current owner willing to stay in an advisory position for 3 months

Furniture / Fixtures value:
€60,000 - included in the asking price
Inventory / Stock value:
€3,000 - included in the asking price