Spanish/Mediterranean Style Restaurant
Location : Ireland
Asking Price : €222,866
Turnover : €557,165
Net Profit : Undeclared
Gross Profit : Undeclared
EBITDA : Undeclared
Net Asset : Undeclared
Premises : Leasehold
Confidentially offered for sale
This well-known and unique restaurant has been successfully trading for 15 years. The business operates as a Spanish/Mediterranean style restaurant in a busy and popular main street location. Due to its desirable setting the restaurant enjoys high levels of awareness and footfall. The unique atmosphere results in high levels of repeat business and strong word of mouth recommendation, bearing testimony to the excellent reputation it enjoys throughout the area.
The business has built an enviable reputation for offering a truly authentic Spanish/Mediterranean experience. The premises encompass a relaxed atmosphere with staff offering a friendly service. Every effort is made to produce consistently high quality authentic Spanish/Mediterranean food.
The premises has 52 covers indoors and 50 covers in the outside dining terrace. The terrace is ideally equipped with an electric roof and heaters. The kitchen is fully fitted with a pizza oven. There is a large external storage area to the rear which has a walk-in fridge, prep room, laundry and dry store. Rent, rates and insurance are approx. £30,000 per annum.
There are currently 2 full-time chefs, 1 manager and 1 kitchen porter together with part-time floor staff.
The business hours vary according to season.
• Superb busy main street location
• Quality Fixtures and fittings
• Fully equipped commercial kitchen with pizza oven
• Long established
• Client base consisting of local residents and tourists
• Excellent reputation
• Spacious premises
• Interesting and popular menu
• Word of mouth recommendations
• NOT vendor dependant
• Leasehold premises
Turnover - c£500,000
The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is for sale for £200,000 to include the Goodwill, fixtures, fittings and equipment.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
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