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€75,000 · Restaurant For Sale in El Medano

Restaurant With High Turnover<< Back

Reference:214Business Type:Restaurant
Location:El MedanoPrice:€75,000 (approx £54,186)
Ownership:LeaseholdMonthly Rent:€1,700
Status:Sold

This is your unique chance to buy a high-turnover restaurant with a fantastic reputation and a prime location in El Medano - the jewel of the south of Tenerife.

The coastal town of El Medano is known for its natural beaches, dunes, wind surfing and kite surfing world cups, diverse cultural programs and a very strong local community, which all together makes it an absolutely unique place with unmatched atmosphere attracting daily crowds of locals and tourists.

The restaurant occupies a prime position in the town centre and just a few meters away from the beach benefiting from lots of passing trade. Established since many years the restaurant has earned a fantastic name thanks to its high quality food and service. On offer is a fusion cuisine with a mix of home-made Italian and international dishes, prepared utilizing carefully selected and organically grown products. Among the regular clients are many local residents, both from the south and the north of the island, as well as returning tourists.

On the premises you will find well-equipped and professionally fitted kitchen and bar, a beautifully decorated and cosy dining room and a sea view terrace in front. Total seating capacity is approximately for 40 guests. The owners have invested substantially in upgrading the premises and replacing the wiring to be in line with the latest regulations. The restaurant possesses all required licenses.

An opportunity to buy such a well-established and financially healthy restaurant in this prime area of El Medano comes to the market extremely rarely and therefore we recommend arranging an early viewing!

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