Large Bar Restaurant With 6 Room Hotel Business Opportunity

Opportunity Summary

Very large 300m2 seperate Bar and large restaurant.The restaurant has a total of 64 covers on the inside and a further 80 on the large outside private terrace. The kitchen is newly fitted out with all top quality machinery as well as volcanic steak grill. The restaurant is run as an steakhouse and has more customers than any other restaurant in the vicinity. The restaurant and bar are fitted with airconditioning units that are hot and cold units for summer and winter. The bar is also fitted with Legal smoke extraction units which many bars do not have. It is the whole detached building in the photo. With potential to expand business. A six room Motel with a further 200m2.This Motel is situated on the edge of San Miguel de Salinas overlooking miles of orange and lemon groves.( The motel is perfectly adapted for private living accomodation) It is ideally placed in a lovely rural setting, for all types of holidays and breaks. Golf enthusiasts will have the opportunity to play on any one of the 5 excellent courses that are within a 20 minute drive. Local facilities include horse riding,quad bikes, fishing , walking and sight seeing. There are numerous beaches within a short drive or make a base for exploring the historic area of Murcia and Alicante. There are 6 magnificent double rooms, with en-suites ,4 of which have sun terraces. All have sat Tv and internet connection. Includes website, a horseriding holiday arrangement is in `place for future holidays all stock and fixtures and fittings on an inventory. A nine seater mini bus is also included. A well as full spanish limited company and bank accounts showing good profits. I am willing to rent the bar restuarant hotel to the right people for a refundable deposit and 2800 euro per month plus bills on a 2 year contract with option to purchase. You walk into the bar with a two year contract . The deposit is fully refundable apart from rents not paid and damages. As long as the stock levels are the same as when you enter and when you leave. remember the bar is taking euro per month. books to proove this.

2. Location Country setting on main road to three different towns. We have a busy passing trade , also comes with the bar is a nine seater minibus that we offer a collection and drop off service for diners .

3. Competition / Market No competition in the near vincinity or near future. There are a further 2000 properties being built in the direct vicinity as well as a golf course just in front of the bar to the left.

4. Expansion potential The potential has never really been exploited. The posssibilities are endless especially with a new golf course and 2000 house being built just in front or the place,.We are just starting horseriding and boating holidays.

5. Accommodation description Yes but no. The property does come with 6 very large double rooms with en-suite which are part of the motel. But could be used as owners lounge and bedrooms. The views are stunning.

6. Years established 5 years
7. Employees 5
Trading hours 8am till 01.00 7 days a week
8. Support / Training I am sure that any potential buyer will have there own ideas and will be wanting the last owner out straight away.

9. Reasons for selling I am the freehold owner. I am looking to relocate to another area of Spain as my wife has suffered a stroke.
10. Asking price €880,000 (EUR)
11. Sales revenue €443,000 (EUR)
12. Net profit €160,000 (EUR)
13. Furniture / fixtures price €250,000 (EUR)
14. Stock price aproximately €11,000 (EUR)
15. Financing SPANISH LOW INTEREST MORTAGES AVAILABLE .Books available to go to the bank with. I can transfer the existing mortgage to euro to potential clients to save money
16. Website
 

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