Restaurant for Sale in Kralendijk, Caribbean Netherlands
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 |
- 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.
The restaurant serves various beef, lamb, fish, and mushroom with their special middle-eastern recipes. They also have a bar for their patrons.
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.
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%.