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Businesses For Sale   >>   Spain Businesses For Sale

Huge Bar Restaurant With 6 Room Hotel

Location  Spain
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1200000
Net Profit / Cash Flow  $600000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2005
Number of Employees  4 - 5
Inventory  300000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  Yes if needed.
Reason for Sale  Wife had a stroke.

Description  
A very large 300m2 separate Bar and large restaurant for sale in SAN MIGUEL DE SALINAS (NEAR TORREVIEJA AND ORIHUELA COSTA)ALICANTE. The restaurant has a total of 64 covers on the inside and a further 80 on the large outside private terrace. The kitchen is fully fitted out with all top quality machinery as well as Volcanic steak grill. The restaurant is run as an steakhouse and has more customers than any other restaurant in the vicinity.The restaurant and bar are fitted with air conditioning units that are hot and cold units for summer and winter. The bar is also fitted with Legal smoke extraction units which many bars do not have. It is the whole building in the photo. With potential to expand business. INCLUDED is A fully furnished six room Motel with a further 200m2. Recognised by Spanish Tourism Board with 1 silver star *. This could be used as living accommodation. This Motel is situated on the edge of San Miguel de Salinas overlooking miles of orange and lemon groves. It is ideally placed in a lovely rural setting, for all types of holidays and breaks. Golf enthusiasts will have the opportunity to play on any one of the 5 excellent courses that are within a 20 minute drive. Local facilities include horse riding, quad bikes, fishing , walking and sight seeing. The rental includes a ford transit minibus. This is a one off opportunity, and will rent quickly as there is nothing similar to it in the area. I am the freehold owner of this large Bar Restaurant Hotel for the last 6 years. When we were running the bar in 2007/08 we were taking up to 35,000 euro per month declare We are now looking for new tenants to take over, we require one years rent up front of 40,000 euro to sign a one year rental contract at 0 euro per month (NO RENT TO PAY).


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