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Bar and Restaurant for Sale in Orihuela Costa, Spain

For sale: Successful business strategically situated on the Costa Blanca South operating for 40 years.
This Business is on a Premium Plan
Established 40-50 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.5 million
Run Rate Sales USD 1.5 million
EBITDA Margin 16 %
Industries Restaurants + 1 more
Locations  Dehesa de Campoamor
Local Time 9:35 AM Europe / Madrid
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.2 million (Native Currency: EUR 2,000,000)
Reason: Having spent many years, tending to customer needs, the time has come to pass on the flame to new ow... View More
Includes physical assets worth USD 1.4 million
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Business Overview

- The business has been in operation for the last 40 years and has major goodwill and customer loyalty.

- The restaurant and the bar are of the most renowned destinations on the touristic Costa Blanca South with plenty of indoor/outdoor seating accommodation for 160 people in the restaurant and 90 people in the bar.

- The business experienced a massive surge in revenue since its full renovation to modernize the kitchen and customer seating areas.

- With a more modern menu, not neglecting Spanish favorites by any means, the clientele has diversified significantly in the restaurant.

- The sale of both businesses includes brand names, physical properties, licenses, stocks, and inventory.

- The business receives around 150-200 customers in a day depending on the season.

- We also have part-time employees to help in the day-to-day activities of the business.

Products & Services Overview

Restaurant:

- Spanish and Mediterranean cuisine to satisfy old and young.

- Alcoholic and non-alcoholic beverages with select Spanish wines.

- Meal takeaways available like Paella for example.

- Beautifully designed indoor and outdoor seating.

- Breakfast, lunch, and dinner: operating Tuesdays to Sundays.

Bar:

- Burgers and sandwiches.

- Alcoholic and non-alcoholic beverages with select winning cocktails.

- Ice cream & milkshake bar.

- Carefully planned seating for football and other sporting events.

- Takeaways available.

- Operating Tuesdays to Sundays: 3 pm till 3 am.

Assets Overview

- Bar and restaurant properties.

- Equipment and furniture in bar and restaurant.

- Food & beverage stock in bar and restaurant.

Facilities Overview

The sale consists of 2 businesses (including properties. licenses, etc) which consist of a restaurant and a separate bar, trading under one entity.

Restaurant:

1. Fully equipped and tastefully decorated with a small bar:

Indoors facility 194 sqm - 80 seats.

Indoor facility in front of the bar - 10 seats.

Outdoor terrace 50 sqm - 30 seats.

Outdoor terrace road 30m2 - 50 seats.

Bar:

2. Fully equipped with a small kitchen for bar menu preparation.

Indoor seating - 400 sqm - 90 people.

(glass curtains in part to create open space in summer)

Play area for children which makes it very much a family gathering venue.

Capitalization Overview

- The company is self-funded with 4 shareholders in the business having equal shareholding.

- There are no debts or liabilities as part of the business.

Recent Activity
  • Earlier than 15 days
    GM, Cluj-Napoca, Financial Consultant connected with the Business
  • Earlier than 15 days
    Advisor, Barcelona, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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