59.950€
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Ref.: 2784

Highly popular restaurant for sale in Albox

Reduced price
59.950€
Meters: 180m2
Toilets: 4

Features

Toilets: 4
Built: 180m2
Modern
Water and electricity connected
Energy Rating
Energy RatingIn process

Description

An exceptional opportunity to take over one of Albox’s most popular restaurants, ranked #1 on TripAdvisor, with a proven 14-year history and thousands of satisfied customers. Located close to the centre of Albox in an area with easy parking this is a well-supported eatery and is loved by both locals and expats alike.  A go-to place for any celebratory meal.

This fully licensed, beautifully furnished, and fully equipped restaurant offers 180m² of space on a long-term lease, providing security and peace of mind for buyers. It can accommodate up to 78 guests, up to 56 in the dining area, plus additional seating at the bar and in the lounge area.

Compliant with food and alcohol regulations, it benefits from an extensive license permitting it to operate between 5:30AM and 2:00AM,  creating significant potential to expand into a full day trade. The restaurant currently only opens in the evenings (19:00–23:30), and offers a popular set price menu, and is busy every night. The current owners invested over €120,000, €30,000 of which was spent on professional soundproofing. the restaurant is beautifully furnished and decorated to a high modern standard. The reasonable rent includes two hours of free electricity per day, reducing overheads and boosting profitability from day one.

New owners could commence trading seamlessly as the sale includes the following: High specification kitchen equipment, including a high-quality extractor hood with automatic fire suppression.

Facilities include a pantry, staff toilet, and three guest WCs (male, female, and wheelchair accessible).

Modern, stylish décor and furniture, plus a range of additional seasonal decorations to cover the special nights (Valentine’s Day, Christmas etc.).

Stylish bar area, with high-end fixtures and a comfortable lounge area.

The restaurant has received thousands of 5-star reviews across multiple social media platforms and is extremely popular locally.

Approved plans exist to build a an outdoor terrace on stilts at the side of the premises—intended for a tapas bar and there is potential to create an additional seating area in the street at the front, creating the opportunity to expand the business and take it to the next level.

The reasonably priced rent includes two hours of free electricity daily, reducing overheads and boosting profitability from day one.

This is a fabulous opportunity to create the restaurant of your dreams, whilst being able to trade from day one. To build on the solid foundation created by the current owners. An early viewing is recommended.

Economy

This info given here is subject to errors and do not form part of any contract. The offer can be changed or withdrawn without notice. Prices do not include purchase costs.

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Currency exchange

  • Pounds: 51.989 GBP
  • Swiss franc: 55.022 CHF
  • Chinese yuan: 477.358 CNY
  • Dollar: 69.044 USD
  • Swedish krona: 652.136 SEK
  • The Norwegian crown: 670.751 NOK

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