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Well Located Award Winning Italian Resturant For Sale

Portals Nous, Mallorca, Spain
Asking Price:
€220,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€250K - €500K
Net Profit:
€100,000

At Green Point Commerical we are pleased to bring this award-winning family-run Italian restaurant located in the Heart of Portals Village

The business has been running successfully for 8 years and in that time it has picked up numerous awards from the local and international press for its authentic Italian Pizzas. The clientele is a great mix of, residents and tourists alike with lots of repeat customers

The Restaurant has been tastefully decorated and is one of the cleanest and best-kept businesses we have seen to date

The business can operate all year round with 28 seats inside with A/C and heating as well and a large terrace of approx 30 sqm which can easily accommodate up to 26 people

The Kitchen is large and very well laid out and contains the following, Pizza Preparation Bench, Commerical Pizza Oven, Twin Fryers, Bain Marie, 4 burners as well as a small Hot Plate, allowing you to prepare a wide range of meals to a very high standard

With a separate area for washing up as well as additional storage, this kitchen would be a delight to work in for any chefs

The Business currently opens for just 5 nights a week but has a high turnover of €350,000+ They also close usually a couple of months per year. The rent is just €1800 which is low for such a busy area and prestigious area

There is enormous scope to increase the business by increasing the opening hours as well as providing delivery service

Green point Commercial Property S.C. 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 smoothly and efficiently as possible.

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

Leasehold Rent:

€21,600 per annum

Location:

Portals Nous

Premises Details:

Restaurant approx 100sqm

Terrace approx 30 sqm

Business Operation

Reasons for selling:

Retirement

Trading hours:

5 nights per week

Employees:
3
Years established:
8

Other Information

Support & training:

A full handover can be provided