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Chain of Restaurants on the Costa Blanca South €1,250,000


Current Price: €1,250,000
New Price:
Rate data provided daily by European Central Bank
Guide Price 1,250,000E to 1,350,000E
 
  • Chain of Three Restaurants in Prime Locations
  • Established 12 Years with Current Owner Being 6 Years
  • Very High Turnover
  • High Spend per Head
  • Run Under Management
  • Ideal to Expand the Brand into Other Areas
A very rare opportunity to purchase a chain of three very well know restaurants located in prime locations on the Costa Blanca South.
The business is very well established and the restaurants are run under management, the current owner of 6 years is wishing to retire.  Each restaurant seats over a 100 covers and as you would expect are furnished to a very high standard and cctv with recording are in place in each restaurant.
P&L's are available once our confidentiality agreement is signed.
 
Restaurant 1. Rent 1600E per month Interior Seating 60, Exterior Seating 38
 
Restaurant 2.  Rent 1500E per month Interior Seating 56, Exterior Seating 56
 
Restaurant 3. Rent 700E per month Interior Seating 16, Exterior Seating 66
 
Licences are in place.
 
There is a possibility to purchase any of three restaurants individually.
 
 
About Costa Blanca South
 
The Costa Blanca is over 200 kilometres of Mediterranean coastline in the Alicante province, on the southeastern coast of Spain.
 
Viewing Arrangements:
 
This is a confidential sale therefore all viewings should therefore be arranged through the vendor's agents, Business Broker Spain, who will be happy to assist with flight and accommodation arrangements to facilitate a viewing.

BB6847L
Ciudad Quesada, Alicante
Spain
Sale Type: For Lease
Ref #: BB6847L
Category: Restaurants
Type of Purchase
Leasehold
Years Established
12 Years
BB6847L
Ciudad Quesada, Alicante
Spain
Sale Type: For Lease
Ref #: BB6847L
Category: Restaurants

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Non-Circumvention and Non-Disclosure Agreement

Between the following Parties:

Business Broker Spain SL (CIF: B54646153) and trading as Business Broker Spain and with registered Head Office: 10 Calle Arquitecto Urteaga 03730 Javea, (Alicante). Spain (hereafter ‘the agent’);

1.The Discloser intends to disclose information (the Confidential Information) to the Recipient for the purpose of purchasing any business introduced to you through by Business Broker Spain.

2.The Recipient undertakes not to use the Confidential Information for any purpose except the Purpose, without first obtaining the written agreement of the Discloser.

3.The Recipient undertakes to keep the Confidential Information secure and not to disclose it to any third party except to professional advisers who need to know the same for the Purpose, who know they owe a duty of confidence to the Discloser and who are bound by obligations equivalent to those in clause 2 above and this clause 3.

4.The undertakings in clauses 2 and 3 above apply to all of the information disclosed by the Discloser to the Recipient, regardless of the way or form in which it is disclosed or recorded but they do not apply to:

a )Any information which is or in future comes into the public domain (unless as a result of the breach of this Agreement); or

b) Any information which is already known to the Recipient and which was not subject to any obligation of confidence before it was disclosed to the Recipient by the Discloser.

5.Nothing in this Agreement will prevent the Recipient from making any disclosure of the Confidential Information required by law or by any competent authority.

6.The Recipient will, on request from the Discloser, return all copies and records of the Confidential Information to the Discloser and will not retain any copies or records of the Confidential Information.

7.Neither this Agreement nor the supply of any information grants the Recipient any licence, interest or right in respect of any intellectual property rights of the Discloser except the right to copy the Confidential Information solely for the Purpose.

8.The undertakings in clauses 2 and 3 will continue in force for 2 years from the date of this Agreement.

9.This Agreement is governed by, and is to be construed in accordance with, Spanish law. The Spanish Courts will have non-exclusive jurisdiction to deal with any dispute which has arisen or may arise out of, or in connection with, this Agreement.

 
BB6847L
Ciudad Quesada, Alicante
Spain
Sale Type: For Lease
Ref #: BB6847L
Category: Restaurants

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