1 Spanish Finca A location with a running Restaurant Bar

Overview

Property ID: PB03630
  • 2017
  • Year Built

Description

1 Spanish Finca A location with a running Restaurant Bar
A Spanish Finca in a prime location with an operational Restaurant & Bar is discreetly offered off-market. This finca has recently been renovated and the restaurant and bar enjoy a solid customer base. Due to personal reasons, the property is available for takeover with an option to purchase.

This finca is unmissable thanks to its perfect location. When entering the village via the main street, where several Spanish bars and restaurants can be found, it immediately catches the eye. You integrate effortlessly into this village and quickly become familiar with the Spanish culture. All amenities are available in the village. There is a supermarket just 50 meters away on foot. This is the only restaurant in the village with a view over the Campo and the terrace at the front is particularly inviting.

It has all the licenses necessary to operate a restaurant and bar, and you have the opportunity to expand the services by offering a B&B service if you take the ground floor, which offers a lot of space (339 m2 built area ), renovates for multiple bedrooms with private bathrooms. All this of course in consultation with the sellers.

This finca/business was recently featured on the popular British television program which is perfect marketing for the guests coming this season. You will find that it was a great success when it opened!

Next to the finca there is a small urbanization and another one opposite it. Together they consist of around 150 houses which can give you a regular clientele, in addition to the locals of the village and passers-by such as cyclists, motorcycle clubs and walkers, as it is a very popular village.

The current owner wants to offer it strictly discreetly and outside the market, and after a personal meeting at our office, a confidentiality agreement with proof of funds (POF) will be signed for financial insight into the turnover.

The information you shared about a restaurant acquisition is interesting! It looks like this could be a great opportunity for someone looking for a new adventure in the hospitality industry. Here are some key points from the text:

Takeover (traspaso): The takeover price seems reasonable, and gradually increasing the rent over the first four years gives the new owner the opportunity to adapt and grow the business.
1st year €2,000
2nd year €2,500
3rd year €3,000
4th year € 3,500 until end of rental agreement 5+5 years.
Rent deposit: A bank guarantee of € 15,000 is required as a guarantee for the rent.
Acquisition of goodwill: The goodwill of € 60,000 can be recouped within one year.
Staff and chef: It appears that you have the option to take over the restaurant with the existing staff and a chef, subject to consultation and your own insight.
Tour operator contract: The restaurant has a contract with a major tour operator for 40 people a week who come for lunch and coffee at a fixed price, excluding alcoholic drinks or soft drinks.
Trial period: From September 1, 2024, you can join us without obligation to experience the atmosphere and experience of the restaurant before you start running independently from October 1.

If you are interested in this opportunity, I encourage you to contact us with the parties involved and discuss more details.🌟

Address

  • County/State Alicante
  • Area Costa Blanca

Details

Updated on June 24, 2024 at 2:42 pm
  • Property ID: PB03630
  • Year Built: 2017
  • Property Status: Transfer

Features

Energy Class

  • Energetic class: B
  • Global energy performance index:
  • A+
  • A
  • | Energy class B
    B
  • C
  • D
  • E
  • F
  • G
  • H

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