Profitable Freehold Restaurant REF:BB6656F/L
Price €275,000.00 Freehold
Beautiful rooftop restaurant with unbelievable views.
Rare opportunity to purchase seaside freehold on busiest CC in Mojacar Playa
Business Broker Spain is proud to offer this fantastic freehold opportunity of a fabulous bar and restaurant with 60 covers and an unbeatable view across the coast, truly one of a kind. The business currently turns north of 215K/year and the future owners can expect net operating income of +/-140K/year making this a unique opportunity to own a successful freehold business in the most desirable of locations with an ROI of less than 2.5!
This well-established restaurant offers a unique food concept in Mojacar, it complements its great menu with incredible views and a tranquil contemporary environment that goes hand in hand with what travellers associate with enjoying their vacations. It sits on the rooftop of the most visited shopping centre in the heart of Mojacar Playa, currently the business is opening six days a week and three evenings so there is considerable scope for increasing the turnover and, therefore, the profit. The current owner has been running the restaurant for 12 years and for legitimate reasons disclosed to prospective buyers is looking to move on.
The restaurant has accumulated incredible goodwill locally as it regularly participates in monthly charity events that not only help the community but also help boost profits, it also has incredible reviews on TripAdvisor which is a massive plus as the most trusted site by travellers when choosing where to eat, as well as a strong FB presence and internet web page.
This is a great investment opportunity for anyone to start their dream-life in the beautiful town Mojacar Playa filled with expatriates, good food, sun, beaches and golf.
About Mojacar Playa:
This is still a very traditional area of Spain where family values are of the utmost importance and the resort is geared up for families and children with play parks and ice cream parlors along the seafront promenade.
Relaxing entertainment venues and quality eating establishments span the length of the spacious beach areas, where the atmosphere is laid back and friendly.
That said, it has to be noted that in the high season months of July and August, this normally peaceful holiday spot comes alive, and the beaches, hotels, shops, restaurants, bars and clubs are bustling with holiday makers.
There is a reasonable size expatriate community in Mojacar, not surprisingly many have chosen to live here permanently, with a wide mix of aged groups from the retired to a good number of younger couples and families.
For a more detailed description of Mojacar Pueblo and Mojacar Playa go to the following links
interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.
Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.