Description
Bar Restaurant For Sale Leasehold, Turnkey Operation
Lease Price: €350,000
Monthly Rent: €1750 + IVA
Status: Fully Operational
An excellent opportunity to acquire a turnkey American-style bar restaurant located in a high-traffic area of Estepona’s picturesque Old Town. Just steps from the beach and surrounded by hotels and holiday apartments, this fully licensed and trading bar restaurant for sale is ideal for entrepreneurs looking for a ready-made business with room for expansion. Two options are available to either purchase the business and continue to use the franchised brand name, or buy the business and rename/retheme to suit accordingly.
This established bar restaurant for sale, opened in June 2024, is a stylish and modern American-themed venue located in the heart of Estepona Old Town. Set on a vibrant street close to the beach and major tourist routes, it has built a strong reputation and loyal following among locals, expats, and visitors alike.
The premises are fully licensed, including a Hot Kitchen license, and are air-conditioned and recently refurbished. A spacious terrace (with no associated terrace tax), internal dining area, dedicated storage room, and a disabled-access toilet complete the offering.
Currently operating six days a week, Tuesday to Sunday, the restaurant capitalises on evening trade, including a successful Happy Hour. There is significant potential to grow by adding a full daytime service or opening on Mondays, especially during peak tourism seasons.
The property is offered with a 10-year renewable lease. Rent is currently €1,750 + IVA/month for the first two years (1 year remaining), rising to €2,000 + IVA/month thereafter.
This is a genuine sale due to the owner’s need to focus on other business interests. Financial details, staff information, and asset inventories are available to verified parties under NDA.
Interested parties are encouraged to enquire early to avoid missing out on this rare opportunity to take over a fully operational, well-performing restaurant for sale in one of the Costa del Sol’s most charming towns.
Highlights:
– Recently refurbished
– Hot Kitchen license
– Fully furnished and air-conditioned
– Terrace with no tax
– Storage room & disabled toilet
– 10-year renewable lease
– Prime location near beach and tourist accommodations
– Current hours: Evenings Tues-Sun; closed Monday
– Huge potential to extend hours and trading days
NB. The details in the above description have been supplied by the current vendor. Businesses Abroad advise all potential buyers to complete a due diligence process before committing to a legal agreement.