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Long Established Restaurant In Barcelona For Sale

Barcelona
Freehold Price:
€600,000
Lease Asking Price:
€180,000
Sales Revenue:
€450,000
Cash Flow:
€100K - €250K

This long established Spanish restaurant (2002) for lease, with C3 license and 1,800 euros + VAT of monthly rent, is located in the popular area of Poblenou, in Barcelona Capital City.

The Poblenou area has experienced an intense transformation in the past decade, with the development of new areas and the replacement and renovation of the old factories and warehouses into new office buildings, lofts and art galleries. It has become an extremely dynamic place, a fusion of old and new with a bohemian touch. Located between Glories Square and the Forum is now filled with exciting new hotels, highrises, shopping areas and restaurants. Old buildings are now turned into trendy art galleries and youth hostels coexist with new architecture built with the latest technological innovations.

Restaurant for sale in Poblenou, Barcelona, Spain:

This business opportunity is for an established restaurant, fully furnished and equipped, with a C3 license, and is located in the Poblenou, very close to the beach of Barcelona Capital City. This highly desirable and popular business opens Monday to Sunday from 1 pm to 11 pm, and has been running this business as a mediterranean food restaurant, but new owners can easily change the cuisine and format of the restaurant to suit their own preferences. Within close proximity of this restaurant are several hotels, residential homes, tourist apartments and beach clubs. The established business enjoys regular repeat trade from the residents principally thanks to the high-quality of the food they offer.

The present owners have been running the business successfully for 17 years, but due to the retirement, they have been forced to sell the business. The interior is approximately 137 m2 and offers seating for 43 plus comfortably, when entering these premises they offer a cosy ambience for clientele to relax with an elegant decoration. Of course, all the facilities does comply with the latest licensing laws and regulations required by establishments that cater with food to the public sector.

This established successfully run restaurant does not have an exterior terrace but is located on a busy area of the city and within close proximity to all the local amenities. This is a profitable successfully run business with gross and net profits available to discuss with the owners only after viewing the business. This long established Spanish restaurant is being offered as a turnkey business opportunity, the premises will come fully furnished and equipped to commence trading with the minimum fuss or effort. Please browse through the varied selection of pictures we have included to help gain an insight of the style and layout of the premises.

For more information about this business for sale, please do not hesitate to contact us and we would be delighted to assist.

Property Information

Real Estate:

Available as lease or with real property included

Leasehold Rent:

€22,000 + VAT per annum

Business Operation

Years established:
17

Other Information

Leasehold asking price:
€180,000

Contact Information

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