€ 1,600,000
Villa for sale in Buzanada, Arona, Tenerife
- 1305 m2
- 3
- 3
- 1150 m2
Description
A high-performance restaurant with over 15 years of established experience is for sale in southern Tenerife, a highly tourist-friendly area year-round. This opportunity includes not only the property and business assets, but also all the equipment, furnishings, and a young, trained, and experienced operating staff ready to continue with the current business model.
This establishment specializes in serving groups and currently operates only four days a week, generating incredible annual revenue with significant room for growth. Its efficient operating model, based on pre-ordered menus and zero waste, guarantees consistent and sustainable profits.
The restaurant sits on a 1,150 m² plot, with a building spread over two levels:
685 m² main floor
620 m² upper floor, currently underutilized
170 m² open-air chill-out area with great potential to become a separate nightlife, events, or cocktail bar space
50 m² warehouse
80 m² children's playground/games room
Two fully equipped kitchens
Rooftop terrace and additional room currently unused, ideal for new developments
165 m² apartment integrated into the restaurant, currently occupied by the chef and his family
Private parking for 50–65 vehicles, with a historic rent of only €180/month
Additional parking available nearby
All licenses and permits are in order: commercial, health, and operating. The property is in excellent condition to continue operating from day one, without the need for marketing investments, thanks to a loyal, high-value customer base.
Immediate growth potential:
Extend opening days and hours
Introduce new cuisines (international cuisine, churros, Iberian dishes, paellas, etc.)
Develop the chill-out area with nighttime programming and live music
Include cocktails and differentiated entertainment options
Activate unused spaces: rooftop, second floor, etc.
With an estimated payback period of 18 months (or even less, depending on the new owner's commercial focus), this property represents a profit-generating machine that combines tradition, efficiency, and untapped business potential.
Features
- Villa
- Bedrooms: 3
- Bathrooms: 3
- Build Size: 1305 m2
- Plot: 1150 m2
- Energy Efficiency Rating: In Progress