€ 110,000
Restaurant/Bar for sale in Los Cristianos, Arona, Tenerife
Description
Leasehold business
Established bar for sale – Los Cristianos, Tenerife
Asking price: €110,000
Location
Located in the heart of Los Cristianos, one of Tenerife’s most popular areas with both residents and tourists all year round.
Los Cristianos has a great mix of local life, beachfront promenade, shops, restaurants, and constant tourist footfall. Easy to manage and a proven area for hospitality.
The business
This is an excellent, well-established and profitable business with an excellent reputation built up over many years.
Accounts available on request.
Key features:
– Double terrace to the front – great for capturing passing trade and sunshine all day
– Well stocked bar to the interior
– Benched seating area inside
– Fully fitted kitchen
– Ladies & gents toilet facilities
– Stock storage cupboard + additional storage
– Easy to manage set-up, ideal for an owner-operator or small team
Financials
– Rent: €1,650 per month
– Landlord deposit: 3 months rent = €4,950
– Status: Profitable, established business with loyal customer base
Why this one?
Los Cristianos is busy 12 months a year with tourists + locals. With the double terrace, prime location, and reputation already in place, this is a fantastic opportunity to take over a turnkey, easy to run bar in a proven area.
Features
- Restaurant/Bar
- Energy Efficiency Rating: In Progress