Café in Nerja Print

Leasehold

Incredible opportunity to acquire a well-established beachside restaurant with over 300K turnover in beautiful Nerja. The restaurant has loyal clientele composed of both expats and Spanish locals that keeps it busy even during the slow season but beyond that the restaurant constantly appears in review sites and articles as a ‘must’ and there are 300+ restaurants in Nerja.



The Owners are motivated to sell after a decade of operations, willing to entertain different payment structures.



The current menu offer is very creative and unique while remaining competitive, hence their popularity. The owner will stay on board for a month or so should the buyers want to ease the transition period and to teach food/product sourcing as well as the preparation of customer favorites and other plates.



With the current set-up the restaurant seats 40 customers with three full time (and long-time) employees and one part-timer. The space is comprised of 65m2 inside plus a terrace of +/-25m2 as well as a deposit room and two private parking spots behind the restaurant.



The owners have successfully operated this restaurant since 2008 which they bought from the previous owner who ran it for 8 years, the location is a proven spot for restaurant success. The current contract still has 3 years as well as a 5 year option with a monthly rent of €1702, the Landlord owns the complete plaza and is very amicable and understanding.



Prospective owners can continue to run this gem as is and recover the investment in about 1.5 years or they can decide to open 7 days a week (not done currently), open 12 months a year (current owners take one full month off) and/or incorporate breakfast among several other initiatives the current owners haven’t implemented simply because of lack of energy.



The current owners previously ran a beach bar “chiringuito” in Spain, and they also have other passive income sources and thus want to retire to have more time to travel back to the UK to spend with the grandkids, but they are not leaving Nerja for good, it’s too nice a place to live to do such a thing.
  • Setting
    • Beachfront
    • Commercial Area
    • Beachside
    • Close To Port
    • Close To Sea
  • Orientation
    • South
  • Condition
    • Excellent
No energy rating available

Property Highlights

Ref No: R3097417
Price: €115,000
Location: Nerja
Area: Costa del Sol East
Country: Spain
Property Type: Café
Bedrooms: 0
Bathrooms: 0
Plot Size: 0m2
Living Area: 90m2
Terrace: 20m2

More Information

Email: [email protected]
Call Us: +34 952 547 601 M. +34 649 123 068
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