Restaurants for sale in Fuengirola

View the "Fantastic Restaurant And Investment Opportunity" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Fantastic Restaurant And Investment Opportunity

Fuengirola, Andalusia, Spain

  • Freehold Price: €1,500,000
  • Annual Turnover: €700,000
Seller Reference: CFG3050
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Business Description
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Seller Reference: CFG3050
Request Details
Business Description
After 26 years of successfully and profitably operating this extremely popular restaurant the owner has decided to offer his cherished business for outright sale. Located in the central hub of Fuengirolas main nightlife and gastro zone this time respected and internationally popular restaurant, that hosts nightly music acts, could not be better positioned to attract year round trade resulting in excellent profits.
When combining the space of the, quite unique to the area, roof top terrace with that of the relaxed and comfortable ground floor dining area up to 160 customers can be seated. A lovely pedestrianized street terrace provides further `Al Fresco´ seating for a further 34 customers.
The restaurant is supported by a very spacious, fully equipped kitchen facility where the same head chef has produced excellent food for over 25 years! With other very professional long serving loyal staff offering a friendly welcoming front of house and bar service.
This thriving business enjoys a very high level of repeat custom therefore a new owner can look forward to enjoying plenty of goodwill.
In addition to the purchase and continued profitable operation of the Restaurant itself a new owner could `cash in´ on the development of building apartments for resale or rental over 3 levels above the restaurant, we are reliably informed by the owner that on first appraisal the planning office of the local Town Hall have looked very favourably at this development project. In Fuengirolas currently booming economy and market place where the international demand for centrally located apartments for residential living or long term rental far exceeds availability, the development of 6 or more 2 bed apartments could prove a very lucrative investment proposition for a new owner to consider and one that no doubt adds to the overall value of this already realistically priced freehold purchase.
To find out more about this exciting opportunity or to arrange a viewing contact us at KS Costa Estates. Please note that due to the strict confidentiality of this sale we are unable to show pictures on our advertisement.
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