Profitable Restaurant for Sale in Cannes, France

For Sale: Attractive restaurant in Cannes, France that was featured in Michelin Guide France.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2 million
EBITDA Margin
24 %
Industries
Locations
Local Time
2:55 AM China
Listed By
Business Owner / Director
Status
Active
Overall Rating
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... View More
Includes physical assets worth USD 1 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
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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.

Products & Services Overview

We serve traditional Italian food, drinks, beverage for celebration, business meetings and private lunch, dinner and walk-in customers.

Facilities Overview
Recent Activity
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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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