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#Business ID: 10860

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Popular Stylish and Established Pizzeria and Tapas-Bar in Andalucia

Business Location: Frigiliana, Malaga, Andalusia, Spain

Asking Price: € 125,000 Revenue: € 100k to 250k Cash Flow: € 0 to 100k

[Furniture / Fixtures included]

Business Summary

Since 8,5 years very well established family business in the village, since 1,5 years in the new location, many local regulars (english, spanish, germans) and in summer many tourists, very children friendly due to the open square.

Private bathroom and storage on the 1st level, outside roofed terrace perfectly to close in winter with a blind system.

We have spent €106k on refurbishment, fully licenced, rent is €400 per month and is index linked to inflation p.a.

Cost of additional terrace to Town hall for summer months = €800 for 7 months. Lease expires in Feb 2021.

Property Details

Years Established:

1,5 / 8,5

Property Type:

Lease

FF&E:

€ 20,000

Other Business Details

Business Location:

Main square facing, entrance of the village, sea and mountain views

Premise Details:

the business is run by a family who want to move back to Germany for family reasons, planning horizon of 2-4 months is desired

Competition:

location next to one polish restaurant and one tapas bar, no pizza competition

Expansion Potential:

pizza delivery service, more opening hours, new cuisine is possible, tourist groups

Business Operation Details

Employees:

5

Trading Hours:

12-23 p.m. and in high summer 6 p.m to 1 a.m.

Support & Training:

fully support and training, for business (suppliers, recepies, staff) and paper work if wanted

Miscellaneous Details

Reason For Selling:

family and children´s education

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