Excellent Cafe Bar Restaurant In Pdc For Sale

Business description

This excellent bar/cafe and restaurant is for sale in Puerto Del Carmen.The business is currently ran on very short managable hours by a husband and wife team who have worked very hard to build up a fantastic reputation on the island.The business currently ranks number 2 on Trip advisor which is now many peoples bible for recommended places to eat before arriving on holiday.The business is currently ran as a restaurant but its very easy to extend the opening hours to do day trade including cafe bar type bistro with good quality lunches and coffees.The outside area boasts a lovely terrace area which overlooks sea and offers clients al fresco dining with quality food.Inside has been fully refurbished to a very high standard and it also offers a lovely ambience that is so hard to find.With a good sized bar area for serving and offerings room for storage.To the back of the restaurant are the seperate toilet areas and also the good sized commercial kitchen which also has a seperate preparation area and outside storage.With cafe bars and restaurants of this quality being very hard to find I am sure this business will not be available for long.With genuine reasons for swelling and also very long monthly overheads and a rent of only 765 euros per month.

Property information

Real Estate:

Lease

Lease terms:

5 year lease

Leasehold rent:

€765 per month per annum

Location:

Fantastic location near to the very busy harbour in Puerto del Carmen

Premises details:

The premises have been very well refurbished to a very high standard and offer customers a very lovely ambience to enjoy their meals.

Business Operation

Expansion potential:

The current owner only open of an evening and the business could be opened during the day for nice coffees,cold drinks and introduce a nice daytime menu.

Competition / Market:

The business is situated on a road that is now renown as having the best restaurants in Lanzarote which has helped to bring clients to the business

Reasons for selling:

Genuine health reasons

Trading hours:

6pm untill midnight

Employees:

Ran by husband and wife

Years established:

one year

Other information

Support & training:

Full handover will be given

Furniture / Fixtures value:

€50,000 (included in the asking price)