Bar and Restaurant for Sale in Orihuela Costa, Spain
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 |
- 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.
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.
- Bar and restaurant properties.
- Equipment and furniture in bar and restaurant.
- Food & beverage stock in bar and restaurant.
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.
- 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.
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Earlier than 15 daysGM, Cluj-Napoca, Financial Consultant connected with the Business
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Earlier than 15 daysAdvisor, Barcelona, Financial Consultant connected with the Business