Profitable Restaurant In Barcelona Downtown For Sale

Business description

For sale, impeccable and profitable restaurant in downtown Barcelona. 200 square meters with great decoration and a functional kitchen. Located more specifically in the Left Eixample area (Muntaner/Diputacion) , a spot where Business and Touristic activity combine very well and with solid nightlife during weekends. The restaurant is full of vitality with revenues close to € 500.000 per year and a yearly net profit to owner of approximately €75.000. The owner , 55 years old, who also runs another restaurant in the city, wants to simplify his activity and therefore wants to sell. Rental contract will last 10 years priced at 2900 (all expenses and taxes included).

Property information

Real Estate:

Lease

Lease terms:

10 years.

Leasehold rent:

€2,900 per annum

Location:

Downtown Barcelona, more specifically Left Example.

Premises details:

Nice 200 square meters premise with great decoration. The restaurant was revamped and redecorated on 2007 and that is why all looks very nice and sharp.

Business Operation

Expansion potential:

The restaurant runs very well since it is managed by a professional. In spite of that, maybe some additional business can be obtained at nightlife during weekends.

Reasons for selling:

Owner looking at retirement age and wants to start simplifying his business life.

Trading hours:

Monday to Saturday.

Employees:

6

Years established:

3

Other information

Support & training:

Owner will support based on agreement.

Furniture / Fixtures value:

€200,000 (included in the asking price)

Related documents:

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