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Superb Beachfront Location Premium Burger Bar & Grill For Sale

Matagorda, Lanzarote
Asking Price:
€79,000 Furniture / Fixtures included
Turnover:
€100K - €250K
Net Profit:
€50K - €100K

Prime leasehold property for sale on lanzarote's most sought-after strip!!! Located on the beach in front of the Los Jameos Hotel, Los Pocillos, Becky's is a premium brand American Burger Bar & Grill with a substantial take-away trade. Nestled among an expanding number of 4 & 5 star hotels & apartment complexes, Becky's has an established and growing turnover with huge potential for further growth and expansion. Ideal for a couple.....
Or individuals with passion and enthusiasm, this is a rare opportunity, and doesn't come along very often on this magnificent strip!!!

Property information

Real Estate:

Lease

Lease Terms:

5 year renewable

Leasehold Rent:

€25,000 per annum

Location:

Located on the beachfront in front of the Los Jameos Hotel in Los Pocillos, Becky's is adjacent to Matagorda and the new town of Puerto del Carmen.

Premises Details:

Prime unit, recently totally refurbished, with all paperwork and licences intact.

Planning Consent:

All planning permissions in place

Business Operation

Expansion Potential:

Huge potential for further growth and expansion.

Competition / Market:

International collection of bars & restaurants on this magnificent strip, but Becky's is the only American-style Premium-brand restaurant on the strip

Reasons for selling:

Owners winding down, they have many other business interests on Lanzarote

Trading hours:

9am to 10pm

Employees:
Owners, and 2 part-time staff
Years established:
2 years

Other Information

Support & training:

Owners will give help and assistance as long as required, they have another busy bar and restaurant on the same strip.

Furniture / Fixtures value:
€30,000 - included in the asking price
Inventory / Stock value:
€5,000

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