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Renowned Restaurant In Mijas For Sale

Mijas, Malaga, Spain
Asking Price:
€2,850,000 Furniture / Fixtures included
Sales Revenue:
€1M - €5M
Cash Flow:
€500K - €2.5M

Val Paraiso Restaurant in Mijas is one of the longest standing restaurants on the Costa Del Sol, established in 1984 & famously known for the abundance of celebrities that dine there on a regular basis, where the walls are donned with countless pictures of them spanning the years to date.

Val Paraiso, the sister restaurant to Villa Tiberio has come to the market for sale. A rare opportunity to acquire a renowned restaurant still under the same family ownership since the day it opened.

All paperwork related to the restaurant is held on file, full accounts and all details upon request.
The restaurant is sold freehold.
The building size is 1400 m2 incorporating a 2 bedroom apartment of 130 m2.
The overall plot size is just over 3000 m2 with ample parking

Property Information

Real Estate:

Real Property Included

Living Accommodation:

The restaurant is sold freehold.
The building size is 1400 m2 incorporating a 2 bedroom apartment of 130 m2.
The overall plot size is just over 3000 m2 with ample parking

Location:

Prime location in Mijas. Longest standing restaurant on the Costa Del Sol.

Premises Details:

The restaurant is sold freehold.
The building size is 1400 m2 incorporating a 2 bedroom apartment of 130 m2.
The overall plot size is just over 3000 m2 with ample parking

Size in square feet:
15,069

Business Operation

Expansion Potential:

Due to this restaurant being famous on the coast and having been established since 1984, expansion potential would be to incorporate more weddings and private parties. The grounds are vast, and the building and grounds could benefit from updating now and modernising. is this was done, the venue would be one of the best on the coast, along with its well known name and regular celebrity clientele, the business would be reborn again.

Reasons for selling:

Retirement

Trading hours:

Evenings only Monday to Sunday. 6pm to 3am

Employees:
8
Years established:
35

Other Information

Support & training:

The current owner would be happy to handover and train.

Related Documents:

Contact Information

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