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Restaurant for Sale in Santa Cruz de Tenerife, Spain

For Sale: Successfully running restaurant located in the most touristic area of Tenerife.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 15 %
Industries Restaurants
Locations  Santa Cruz de Tenerife
Local Time 4:49 PM Europe / Madrid
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 64 thousand (Native Currency: EUR 55,000)
Reason: Due to owner's relocation.
Includes physical assets worth USD 11.6 thousand
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Business Name
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Business Overview
- Restaurant is located in Tenerife with high tourist footfalls and has a lot of customers.
- Received Certificate of Excellence award from Tripadvisor for two consecutive years.
Products & Services Overview
Restaurant located in Tenerife.
Assets Overview
Entire restaurant equipment and furniture. No additional investment is needed to upgrade the facility.
Facilities Overview
Fully equipped restaurant with low rent. The rent is €1,460 per month for an area of 230 square meters.
Capitalization Overview
Not Disclosed
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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