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Unique 180 Seater Restaurant In Calvia For Sale

Calvia, Mallorca, Spain
Asking Price:
€280,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€250K - €500K
Net Profit:
€50K - €100K

An unique and well respected restaurant business for sale due to impending owner retirement.
This venue is presently an all year round business in the heart of the community. It gains additional business opportunities ( especially out of season) from hosting parties and functions of all types, charity events, exhibitions, fashion events, seasonal calendar and major sporting events, the possibilities are endless.
In season it’s also hosts many wedding get togethers- meet & greet, pre and post wedding gatherings and indeed caters for the wedding itself.
It has a growing takeaway trade for private and corporate events and even just for dinner for two (who don’t feel like going out but want to eat well). It doesn’t deliver presently but this is a solid option for further business development.
For ‘fresh legs’ this business is a real opportunity. The groundwork has been established over many years… it’s ripe for further development as the business base is a solid performer.
The business is too busy to waste time on curious enquiries. All enquiries will be subject to the signing of an NDA and proof of funds will be requested if talks progress.
This will resonate with like minded serious business people who do not wish to be distracted from the job in hand by time wasters. Some would say that time is our most valuable commodity!

The business has a good size interior and a large outdoor terrace space adding to its versatile appeal.

It’s an attractive venue with a solid positive reputation…..and still bags of opportunity to be explored… what more could you want!

Property Information

Real Estate:

Lease

Leasehold Rent:

€72,000 per annum

Location:

Central village location, well positioned for the route to the beach

Premises Details:

Unique premises for year round trade benefiting from equally attractive inside and outside spaces.

Business Operation

Expansion Potential:

Significant and easily identifiable opportunities for growth exist

Competition / Market:

Operates within a prestigious, affluent, bustling village with 10 restaurants all of a different offering. There is no direct competitor for the current offering of this restaurant or for this type of venue.

Reasons for selling:

owner retirement

Employees:
6
Years established:
5years