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Charming Little Restaurant In Ibiza For Sale

Santa Eulalia, Ibiza, Spain
Asking Price:
€180,000
Sales Revenue:
€250K - €500K
Cash Flow:
Available on request

We at Green Point Commercial are very pleased to list this perfect Bistro on Ibiza in the area of Santa Eulalia.

Santa Eulalia is a town on the east coast of Ibiza, overlooking the whitewashed Puig de Missa, a fortified church complex with a watchtower. Nearby, the Ethnographic Museum houses traditional island artifacts in an old farmhouse. Craft stalls often line Paseo de S’Alamera, a tree-lined street. The main square, Plaza España is home to the colonnaded town hall.

The restaurant was established in 1984 by the current owners and have been run successfully for 5 years. Serving modern European food this is a very popular restaurant in the area and is used by a regular haunt for tourists and locals alike.

The restaurant feature 160 sqm of inside space with a lovely outside terrace of 20 sqm. Giving a room for over 60 covers in total, this is a busy little place. It has a very well-equipped kitchen, perfect for 1-2 chefs and ideal for a family-type business.

The premises have been recently renovated and beautifully furnished, and the restaurant is for sale as a turnkey business (complete with all fixtures and fittings, including kitchenware), ready to continue trading from day 1.

The rent is a very reasonable of 2,000 euro a month for the area. They are open from April right through to November but there is potential to extend the season for local trade. The turnover is approx. 300K per year which generates a very nice profit as most the food is cooked from scratch and prepared in-house. The is also an additional space in the back which could be used to extend the restaurant or easily could be converted into an additional business such as a small bar, an ice-cream shop or take-away.

Usually restaurants do not become available for sale in this area, especially ones with such a good reputation. Get in touch now if you would like to know more information.

Property Information

Real Estate:

Lease

Location:

Santa Eulalia, one of the most popular family resorts in the southeast coast of Ibiza.

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