Total of 18656 firms and businesses for sale today Sunday 28th April 2024
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Business For Sale. Cafe

LISTING DETAILS
Firms For Sale ID:
26259
Vendor reference:
SP5728F
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
€1,860,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
LOCATION LOCATION LOCATION

PRICE â?¬1,860.000 FREEHOLD to include frontline bar/cafeteria, 3 bed apartment and 2 lock-ups

Those in the know will tell you how rarely frontline property in fantastic locations become available. After over twenty years the owner now wishes to retire. The properties included are a corner frontline bar/cafeteria and with a separate a 3 bedroom apartment directly above it also frontline with uninterrupted views of the Mediterranean. There are also two separate lock-up premises for storage.

The terrace has 35 tables and seats approximately 150 people who can take advantage of the views of the vast sandy beach and the Mediterranean Sea. The bar has been decorated to a high standard and is highly profitable with takings of â?¬600.000 per annum. In July and August the takings can rise to over â?¬20.000 per week with 24 staff. In the Winter period, although quieter, still takings of â?¬8.000 per week are achievable with a staff of 8.

The internal area has been well designed and all materials are top quality such as the beautiful wooden style Porcelonosa tiles and wooden bar. Refurbishment took place in 2007. The inside seats 40 on 10 tables with further seating at the bar. There is a well fitted commercial kitchen which produces food all day long.

The menu ranges from English and Continental Breakfasts to Lunchtime Sandwiches, Hamburgers, Baguettes, Pizzas and a range of Tapas.

The cafeteria is open all year round from 8.00am to late in the Summer and from 8.00am to 8.00pm in the Winter.

Directly above the cafeteria is a three bedroomed apartment with a separate entrance. Again, this is in a corner, frontline position with uninterrupted views of the Mediterranean. The apartment covers some 100m2 and is currently used for as staff changing rooms and an office for the owners. It has a large open terrace. The apartment could easily be changed back into living accommodation.

There are two separate storage spaces; ideal for storage of liquor and wines, external furniture etc.

Overall, this is the type of business which rarely comes avaialble due to it's stunning location and represents a first class investment opportunity