Bar Restaurant With 6 Room Hotel
Location Spain
Asking Price Range $500K - $1.0M
Gross Revenues $700000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 6 - 9
Inventory 30000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale Stroke.
Description LARGE BAR RESTAURANT WITH 6 ROOM HOTEL FOR SALE IN COSTA BLANCA - Large Bar Restaurant with 6 room hotel has come on the market.We have books to show real takings from the bar of 24,000 euro per month. Crazy offer , in these hard times I am willing to SWOP the place for a house in the UK with a value of 480,000 pounds or a detached villa in Spain with a bank value of 600,000 euro. Also comes with a Ford Transit minibus.The reason for selling the place is that my wife has had a stroke. The Restaurant seats 64 in comfort and the terraces a further 64. The bar area is large with pool table and darts area.We have a large menu and excellent reviews. Book an evening meal for two and we will send our courtesy mini bus to collect you and deliver you home after your meal and drinks free of charge within a 15km radius of the Restaurant EL TORO STEAKHOUSE. This includes Entre los Naranjos, Montesinos, San Miguel de Salinas, Los balcones, Bigastro, Jacarilla, Torremendo, Algorfa, You have to book for Sunday Daytime Roast Dinners at only 8 euro for a 3 course lunch we are always busy. Birthday parties, Weddings, Dining clubs and many other types of clubs catered for. Based on a per person price. Put your family and friends in one of our 6 large hotel rooms by the day or week. I would also like to add that the accommodation in the Pension has now been approved and recognised by the Alicante Tourist Board (Servicio Territorial de Turismo de Alicante) We have 6 very large rooms available for rent by the night or by the week. The price of a room that sleeps up to 3 people is only 40 euro including vat Per night. In the rooms we have Air-conditioning, hot and cold, English satellite TV. Tea and coffee facilities. En-suite shower rooms, large wardrobes. With excellent views over the orange and lemon groves. It really is a totally relaxing place to stay. Price: œ650,000.
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