Profile number 106026

Restaurant with house/living area for family (Andalucia)

31/07/2023 Date added

Located in

General information

Sector

Leisure

Type of company

Restaurants

Legal entity

Foreign legal entity

Type of transaction

Assets / liabilities

Life phase enterprise

Full-grown

Employees in FTE

5 - 10

Type of buyer

  • MBI candidate
  • Strategic acquisition
  • Investor


Financial information

Turnover last financial year

€ 100.000 - € 250.000

Asking price

€ 500.000 - € 1.000.000

Earnings before taxes

€ 0 - € 100.000


Company history/background
 

Property renovated and adapted for a restaurant with housing in 2014 and started as a family business run by a young couple. The husband with 20 years as a chef and the wife in charge of the business administration with more than 10 years of business experience. In 2018 the couple separated and the wife took charge of the business. A very hard learning period follows since he has no previous restaurant experience, but he manages to grow the business. However, with the arrival of the pandemic, the financial pressure due to the reduction in income due to limited capacity and various closures and reopenings has forced the business to close at the beginning of 2021. Since then, some reforms and conditioning have been made to offer an extraordinary business for a couple or family looking for a unique opportunity to run a business at the foot of the Sierra Nevada in a region with a lot of domestic tourism.


Company activities

It is a restaurant with an international menu and a wood-fired pizza oven. A familiar and relaxed atmosphere with a friendly and attentive service to customers. The dining room is a glazed room with panoramic views over the Sierra Nevada National Park, the Torrente Valley and the surrounding countryside. It has a capacity of about 60 diners and an outdoor area with another 6 tables, always with the same view. The dining room is equipped with underfloor heating for the comfort of customers at any time of the year. It is an ideal space for small parties. The clientele has been conquered both from the city of Granada and from the region with its rural tourism. The restaurant has received the best reviews on Trip Advisor, Facebook and Google.


Unique selling points

The property is fully equipped to open the doors and start working. The glass enclosure can be opened in good weather and becomes an outdoor terrace. In bad weather, closing and starting the underfloor heating guarantees the comfort of the public. without changing the contemplation of external beauty. The property has four bedrooms, three bathrooms, on the first floor, all with views, and the living room, kitchen and toilet-laundry room on the ground floor. It has an outdoor area with terraces, plants and a private swimming pool of 4 x 8 meters as a viewpoint directly over the mountains and surrounding countryside and with its own entrance from the street. The property is located in a charming town that is part of the Lecrín Valley, halfway between Granada and the coast. The valley has become very popular, both among foreigners and Spaniards


Other

We believe that the buyer we are looking for are partners, married couples or a family, with solid experience in the hospitality industry, who are looking for a unique opportunity to run a unique restaurant in a beautiful and relaxed environment. They will have their Andalusian style home next door for their comfort and enjoyment.


Restaurant with house/living area for family (Andalucia)
Region
Sector
Leisure
Type
For sale
Turnover
100.000 - 250.000
Overname
500.000 - 1.000.000
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