Profitable Restaurant for Sale in Cannes, France
For Sale: Attractive restaurant in Cannes, France that was featured in Michelin Guide France.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.8 million |
| Run Rate Sales | USD 2 million |
| EBITDA Margin | 24 % |
| Industries | Restaurants |
| Locations | Cannes |
| Local Time | 10:56 PM Asia / Shanghai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1 million
(Native Currency: USD 1,000,000)
Reason: The owner's operating office is located in the south of Italy and therefore there is a long distance...
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Includes physical assets worth
USD
1 million
Interested to connect with advisors
Documents
List of Furniture and Equipment
(653.2 KB)
Brochure
(7.7 MB)
Interiors
(79.2 KB)
Registration Certificate
(66.4 KB)
Utility Power Invoice
(116.7 KB)
Assurance Certificate
(246.9 KB)
Business Overview
- 2-year old restaurant business in Cannes has been serving traditional Italian food, alcohol and beverage.
- We serve customers in search of celebrations, business meetings and private lunch, dinner and casual dining.
- In the 1st year of operation, we ran the business for 8 months and served 7,300 guests. Last year we ran for 9 months and served 13,200 guests.
- This year we have been serving 40-50 customers on a daily basis.
- Facility has a total of 120 seats including an indoor and outdoor seating area.
- Business was listed on Michelin Guide France which is a reputed restaurant guide in France.
- Have 4 different licenses to serve the spirits at the facility.
- Facility also has a meeting room for corporate clients.
- Owner is an Italian and he is China temporarily and would be reachable on his new local number.
- Physical assets include fixed furniture, air conditioning, electrical products, remote surveillance, technical equipment of the kitchen, interiors and utensils.
- We serve customers in search of celebrations, business meetings and private lunch, dinner and casual dining.
- In the 1st year of operation, we ran the business for 8 months and served 7,300 guests. Last year we ran for 9 months and served 13,200 guests.
- This year we have been serving 40-50 customers on a daily basis.
- Facility has a total of 120 seats including an indoor and outdoor seating area.
- Business was listed on Michelin Guide France which is a reputed restaurant guide in France.
- Have 4 different licenses to serve the spirits at the facility.
- Facility also has a meeting room for corporate clients.
- Owner is an Italian and he is China temporarily and would be reachable on his new local number.
- Physical assets include fixed furniture, air conditioning, electrical products, remote surveillance, technical equipment of the kitchen, interiors and utensils.
Products & Services Overview
We serve traditional Italian food, drinks, beverage for celebration, business meetings and private lunch, dinner and walk-in customers.
Facilities Overview
Restaurant is completed with high-end furniture and equipment. Rented area is 184.75 sqm net excludes the external served area of 24 sqm. Well equipped with full air-conditioning, audio system, safety system.Monthly rent is EUR 8K.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysFounding Director/Chairman, Finance, London, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysClinical Pharmacist, Healthcare, Jeddah, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Investments & Consulting, Vienna, Individual Investor / Buyer connected with the Business
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