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Restaurant for Sale in Kralendijk, Caribbean Netherlands

Fully functional restaurant with an oceanfront location in the Caribbean Netherlands for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 592 thousand
Run Rate Sales USD 840 thousand
EBITDA Margin 40 %
Industries Restaurants
Locations  Kralendijk
Local Time 9:43 AM America / Kralendijk
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: USD 400,000)
Reason: A newborn baby that changed our life plans. The most important part is that our restaurant is open ... View More
Includes physical assets worth USD 250 thousand
Interested to connect with advisors
Business Overview

- 80-seat middle-eastern cuisine restaurant.

- Established with all brand-new equipment, fridges, freezers, tables, and chairs.

- Well-known on the island with a good reputation.

- Fully booked for almost the entire year.

- All the HORECA and business permits are in place.

- USD 592K of sales turnover in 2021 (low due to Covid-19).

- USD 423K of sales turnover in the first 6 months of 2022.

- The buyer gets all the assets of this fully functioning restaurant (kitchen equipment, seating furniture, and permits).

- There is no loan. Moreover, the company even doesn’t have any debt to any suppliers.

- We are three shareholders. With each having a 33% stake. All the shareholders agreed on the handover of the company and the required GMS will be issued accordingly.

Products & Services Overview

The restaurant serves various beef, lamb, fish, and mushroom with their special middle-eastern recipes. They also have a bar for their patrons.

Assets Overview

The physical assets include all the equipment and machinery; tables, chairs, and appliances.

The intangible assets include the goodwill that has led to a fully booked restaurant.

Facilities Overview

Historical ground floor house renovated as a restaurant.

Rented 400 sq. m. of utile surface plus back storage and parking.

Rental agreement in place (5+3 years), the landlord is okay in principal for a new investor.

All the HORECA and business permits are in place.

It has a prime ocean-front location. It is fully functional and its occupancy rate is close to 100%.

Capitalization Overview
Not Disclosed
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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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