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Highly Successful Profitable Bar Restaurant Business In Tuscany For Sale

Cortona, Arezzo, Italy
Asking Price:
€300,000 Furniture / Fixtures included
Sales Revenue:
€250K - €500K
Cash Flow:
€100K - €250K

Highly Profitable Bar 500 Cortona - Your Guaranteed Income Opportunity!

Are you looking for a thriving, risk-free business in the heart of beautiful Tuscany? Look no further!

Bar 500 Cortona presents a rare opportunity to acquire a highly profitable and well-established bar in the charming and sought-after town of Cortona. This is not just a business; it's a proven, income-generating machine with a long track record of success.

Here's why Bar 500 Cortona is your ideal investment:

* Exceptional Profitability: Enjoy a consistently high income thanks to a loyal clientele and a steady stream of tourists year-round. Financial records will clearly demonstrate the impressive returns this business generates.

* Proven, Risk-Free Business Model: Benefit from a well-honed operational system that has been successfully running for years. This established model minimizes risk and ensures a smooth transition for the new owner.

* Prime Location in Picturesque Cortona: Situated in a strategic and high-foot-traffic area of Cortona, the bar enjoys excellent visibility and accessibility. This ensures a constant flow of potential customers being located on Cortona's main street.

* Strong Brand and Reputation: Bar 500 Cortona is a beloved local institution with a fantastic reputation online (on sites such as TripAdvisor with consecutive yearly awards for excellence, additionally an Italian Excellence 2024 award winner) renowned for its welcoming atmosphere, quality offerings, and excellent service. This goodwill is invaluable.

* Turnkey Operation: The business is fully equipped and ready for immediate operation. Step in and start generating income from day one.

* Growth Potential: While already highly profitable, there is still potential for further growth through extended hours, targeted marketing, or the introduction of new offerings.
This is a unique chance to secure a reliable and lucrative income in one of Italy's most desirable locations. Don't miss out on this exceptional opportunity to own a truly risk-free and highly profitable business.

Serious inquiries only. Financial details and further information will be provided upon proof of available funds/ evidence of finance approved

Contact us today to learn more about Bar 500 Cortona and take the first step towards your guaranteed financial success!

Property Information

Real Estate:

Lease

Lease Terms:

Recently renewed on highly favorable terms for 12 years(6years, plus 6 years)

Location:

Tuscany. Located on Cortona's main street, Via Nazionale.

Premises Details:

The premises underwent a full renovation in 2005, with all brand new equipment and the furnishings all artisan built to an extremely high specification.

Business Operation

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

As we open at present from 10am to 8pm 6 days a week Opening hours could be extended

We also to a large amount of takeaway food, however, we feel there is a great potential for expansion in this area.

Competition / Market:

Cortona has several other bar and restaurants, however since we have opened we have created not only a high reputation but also have a great deal of positive reviews on several travel websites and blogs.

Trading hours:

at present from 10am until 8pm

Employees:
2 partners, then 5 other staff(on a seasonal contract basis)
Years established:
21 years

Other Information

Support & training:

We are willing to help and support the new owners in the first few months as a handover with both clients and suppliers