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Fish & Chip Restaurant €250,000


Current Price: €250,000
New Price:
Rate data provided daily by European Central Bank
M2
250
Terrace Seating
30
Exterior Size(m2)
50

Asking Price € 250,000 Leasehold / € 695,000 Freehold

  • Turnover of € 500K with very high margin returns
  • Established in 2008 with loyal customer base
  • Excellent busy location
  • Option to purchase freehold or leasehold

This is an excellent opportunity to purchase a long standing and very successful fish and chip restaurant located in a busy location. The restaurant was opened in 2008 by the current owners and has grown substantially trading today at € 500K / year with excellent net profits, providing an excellent return on investment for the new owner.

The modern and light interior of the restaurant is more than 200m2 and is equipped with a state-of-the-art kitchen set. Seating capacity is further enhanced with the use of the generous 50m2 terrace. The restaurant currently trades 6-1/2 days per week and is open for lunch and dinner at very respectful hours (12:30 to 3:30 and 5:30 to 9:30). The restaurant has gone through some recent renovations including new bathrooms.

Whilst the main menu focuses on Fish & Chips it also offers other dining options such as pizzas, burgers and BBQ. Serving breakfast could offer the new owner even higher turnover, as well as opening later in the evenings, particularly on the weekends. Although summer is the busiest time due to the location close to the  Castillo de la Duquesa, the restaurant is busy all year round and receives many of its customers from Gibraltar.

Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.

Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.


Available Date:
3/15/2019
BB6608L/F
Puerto de la Duquesa, Malaga
Spain
Sale Type: For Sale
Ref #: BB6608L/F
M2
250
Type of Purchase
Leasehold or Freehold
Interior Seating
75
Interior Size(m2)
200
Exterior Size(m2)
50
Terrace Seating
30
Available Date:
3/15/2019
BB6608L/F
Puerto de la Duquesa, Malaga
Spain
Sale Type: For Sale
Ref #: BB6608L/F

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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.

 
Available Date:
3/15/2019
BB6608L/F
Puerto de la Duquesa, Malaga
Spain
Sale Type: For Sale
Ref #: BB6608L/F

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