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Spanish/Mediterranean Style Restaurant

Ref. AC358

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


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Asking price: £200,000 to include the Goodwill, fixtures, fittings and equipment.

Asking price includes:

Turnover - c£500,000

Business Profile

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.

Key Considerations:

• 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

Financial Information:

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.

Asking Price:

The business is for sale for £200,000 to include the Goodwill, fixtures, fittings and equipment.

Next steps:

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.

All enquiries or requests for additional information should be submitted or directed to Turner Butler. e-mail: sales@turnerbutler.co.uk telephone Head Office: 01895 256000

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk