Long Established Restaurant Business For Sale

Overview

  • Business services, Services
  • Property Type

Description


Long Established Restaurant Business For Sale

Northern Region,
Malta

Asking Price:

€2,800,000

Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Situated in a prime location in Malta, this restaurant was created inside a historical building in the area. The history of the property alone is fascinating.

The restaurant is being sold as complete business enterprise, including the property and all assets. The new owner can start trading immediately.

On Going concern.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Location:

Prime Location. High street in a very popular tourist village in the North of Malta.

Premises Details:

The Property is a converted windmill, originally built in the 18th Century. Registered as a listed building covering a footprint of around 400 sqm. Seats 100 covers and caters for all types of occasions, especially weddings and family occasions.

Size in square feet:
4,800

Business Operation

Expansion Potential:

Currently opens for dinners only. Can easily be set up for lunchtime dining, add a wine bar, create an ‘Apertivo’ concept, and much more.

Competition / Market:

The village boasts a number of restaurants which range from the fast food to fine dining establishments. Mitħna is locally considered as one of the topmost restaurants in the area.

Reasons for selling:

Owner retiring.

Trading hours:

Currently 6pm to Midnight.

Employees:
10
Years established:
50 years

Other Information

Support & training:

Full support offered.

Furniture / Fixtures value:
€250,000 – included in the asking price
Inventory / Stock value:
€15,000
Distressed:
This business is a turnaround opportunity.



Source link

Address

  • City Hong Kong

Details

Updated on January 25, 2023 at 3:25 pm
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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