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Freehold Wedding And Events Venue In Sardinia, Italy For Sale

Borore, Nuoro, Italy
Asking Price:
€1,200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€500,000
Cash Flow:
On request

Opportunity to acquire an established restaurant and events business together with its buildings and land in central Sardinia, Italy.

Located in Borore, the property extends over approximately 20,000 m², with approximately 1,600 m² of covered space. The sale includes the operating business, the buildings and the land.

The complex features:

  • Restaurant and bar.
  • Wedding, banqueting and conference facilities.
  • Event capacity reported by the seller of up to 600 guests.
  • Outdoor swimming pool with garden.
  • Football pitch.

The business reports annual turnover exceeding €500,000, with weddings and banquets representing its main revenue sources. Financial information and the scope of the sale are subject to due diligence.

An existing development project envisages accommodation with 56 bed spaces. This accommodation has not yet been built. Planning status, permit validity, construction costs and implementation timescales remain to be verified.

The property may suit an international hospitality operator or an investor working with an experienced operating partner. Potential growth opportunities include expanding event bookings and, subject to the necessary approvals and investment, adding overnight accommodation.

Strategically located in Borore, in central Sardinia, alongside the SS131, the island’s main road arteries. This position offers convenient road access from different parts of Sardinia, making the venue well placed to serve weddings, banquets, conferences and private events drawing guests from across the island.

The property extends over approximately 20,000 m², with approximately 1,600 m² of covered space. The sale includes the operating business, the buildings and the land.

Indicative asking price: €1,200,000, negotiable, for the business and property together.

Enquiries are welcome from prospective buyers with a clear acquisition budget and an interest in operating or investing in Sardinia.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

One room within the property is currently available for on-site living accommodation.

Location:

Strategically located in Borore, central Sardinia, one of the island’s main road arteries. The location provides a convenient meeting point for weddings, banquets, conferences and private events attracting guests from different parts of Sardinia and tourists.

Premises Details:

Freehold complex occupying approximately 20,000 m² of land, with approximately 1,600 m² of covered space. Facilities include a restaurant, bar, wedding and banqueting areas, conference facilities, an outdoor swimming pool with garden, and a football pitch. The venue can accommodate up to 600 wedding guests, according to information provided by the seller. The sale comprises the operating business, buildings and land.

Size in square feet:
17,222
Planning Consent:

All authorisations required for the current business operations are in place. According to the owners, the permissions required to build the planned accommodation providing 56 bed spaces have also been obtained. Supporting documentation will be made available for buyer due diligence.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

An authorised development project provides for the construction of accommodation with 56 bed spaces, creating the opportunity to combine weddings, banquets and conferences with overnight stays.

The accommodation has not yet been built, and construction costs are additional to the acquisition price. Planning documentation will be made available for buyer due diligence.

Further growth opportunities include increasing event bookings through targeted marketing and partnerships with wedding planners, event organisers and international travel specialists.

Competition / Market:

there are no directly comparable venues in the immediate vicinity combining large-capacity wedding and banqueting facilities, a restaurant, an outdoor swimming pool and extensive grounds. This combination provides a distinctive positioning within the local market.

Reasons for selling:

Sale due to the owners’ personal circumstances.

Trading hours:

every day 11.00-15.00 and 19.00-00.00

Employees:
6 regular staff, with staffing increasing to approximately 20–30 people for weddings and major events.
Years established:
20yy

Other Information

Support & training:

The owners are willing to provide a handover period and operational training to support continuity and help the buyer become familiar with the business. The scope and duration will be agreed with the buyer.

Furniture / Fixtures value:
€250,000 - included in the asking price
Inventory / Stock value:
€100,000 - included in the asking price
Home based:
This business can be run from home
Relocatable:
This business can be relocated