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Listing ID: 2997021

Exciting Opportunity, American Diner in Lanzarote For Sale

avenida islas canarias, Costa Teguise, Canary Islands, Spain

€ under 100k

(Furniture / Fixtures and Inventory / Stock included)

Revenue: € 250k to 500k

Cash Flow: € 100k to 250k

Business Description

Exciting opportunity to acquire a fully furnished American Diner. There is scope to increase sales through opening at breakfast and staging weddings, birthdays, anniversaries etc. This Diner has been fitted out to a high specification and would suit anyone looking to relocate to a warmer climate. there is nothing like it in Lanzarote so you would have a beautiful and unique business which has already held several photo shoots for magazines. a private terrace with pool table that can hold 70+ people, freehold purchase is available now or at a later date if the new owner required or just on a lease holding.

Please contact us for more details.

Property Details

Size:

appox 2000 square feet including terrace

Years Established:

2yrs 6 months

Property Type:

Real & Lease

Real Estate Value:

€ 175,000

Other Details

Business Location:

prominent location in the heart of costa teguise, just off the main square with plenty of foot fall.

Premise Details:

Big Bob's American Diner

Competition:

There is not another American Dinner in the area and this is unique

Expansion Potential:

massive opportunity to open longer hours and advertise for special occasions as a private function

Operation Details

Employees:

currently employing 4 people plus 2 owners

Trading Hours:

current hours 12 - 9pm Monday to Saturday, closing sundays

Support & Training:

full support will be given if need, and ongoing support after full handover if needed

Miscellaneous

Reason For Selling:

family and business commitments in the uk

Contact this seller

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