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 1.4 million |
Run Rate Sales | USD 1.6 million |
EBITDA Margin | 16 % |
Industries | Restaurants + 1 more |
Locations | Dehesa de Campoamor |
Local Time | 9:04 AM Europe / Madrid |
Listed By | Business Owner / Director |
Status | Active |
- The restaurant has been in operation for the last 40 years and has major goodwill and customer loyalty.
- The restaurant is one of the most renowned dining destinations on the touristic Costa Blanca South with plenty of indoor/outdoor seating accommodation for 160 people.
- 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, the clientele has diversified significantly in the restaurant.
- The sale includes brand names, physical properties, licenses, stocks, and inventory.
- The business receives around 150-200 customers in a day depending on the season. (In summer, this number quadruples)
- Full-time and part-time employees.
- Top 3 on Tripadvisor for the area with very good comments from clientele.
- The sale of the restaurant includes the properties and licenses.
Restaurant:
- Spanish/Mediterranean cuisine to satisfy old and young.
- Alcoholic and non-alcoholic beverages with select Spanish wines.
- Meal takeaways available - entire menu.
- Beautifully designed indoor and outdoor seating.
- Breakfast, lunch, and dinner: operating Tuesdays to Sundays.
- Centrally located very close to beach, facing large public park.
- Easy online booking.
- Favourite of Spanish and Expatriate clientele.
- Top 3 on Tripadvisor for the area.
- Fully renovated 5 years ago.
Tangible assets:
- Restaurant property (very expensive in this area)
- Equipment (Front of house and fully equipped kitchen with 3 walk-in fridges) and furniture.
- Food & beverage stock.
Intangible assets.
- Licenses/permissions.
Fully equipped and tastefully decorated with a small bar during the renovation a few years ago:
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.
- The business is self-funded with 4 shareholders in the business having equal shareholding.
- There are no debts or liabilities as part of the business.
-
Earlier than 15 daysDirector Of Sales, London, Business Broker connected with the Business
-
Earlier than 15 daysDirector, Business Consulting, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Business Growth & Development/Asset Management Consulting, Indiana, Individual Investor / Buyer connected with the Business