About this property
Fantastic opportunity to acquire this fully operational, high-performing restaurant and bar in Arona, in southern Tenerife!~~If you are a hospitality business owner, self-employed entrepreneur, or investor looking for an established business with high profitability and an excellent brand presence, this is your opportunity.~~The restaurant has 300 m2 of space, 150 m2 of which are owned and another 150 m2 of which are rented. It holds a valid "Bar-Cafeteria/Pizzeria" license (open from 8:30 am to 11:00 pm), is open approximately 312 days a year, and has a well-defined staff structure: 18 employees—allowing for efficient and professional operation from day one.~~Robust economic performance:~Estimated average daily revenue: €4,500/day~Profit margin: ≈ 12%~Labor costs: 33% of revenue~~Excellent online presence and reputation: On TripAdvisor, it boasts a (please use the form to respond ) 5 rating based on dozens of reviews. Its strong reputation on TripAdvisor and active social media presence ensure visibility among tourists and residents.~~The restaurant is being transferred fully operational, with staff, infrastructure, established location, online reputation, and a history of stable activity and revenue. Ideal for investors looking to start without additional investment.~~The reason for the sale and transfer is the owner's relocation to another country.~~A real opportunity to acquire a well-established business with stable income and exceptional growth potential.~~For more information or to schedule a visit, please do not hesitate to contact us.~~This property is being offered under a comprehensive sales management agreement.~~We are members of ACEGI (Canary Islands Association of Real Estate Management Companies) and collaborate with any real estate agency or advisor that has a buyer client.~~This information is for guidance only and has no contractual value. Taxes and transfer fees are not included.
1 / 8
2 / 8
3 / 8
4 / 8
5 / 8
6 / 8
7 / 8
8 / 8
