Canary Islands, Tenerife, Arona, Spain
- PROPERTY TYPE
Restaurant
- BATHROOMS
3
- SIZE
3,229 sq ft
300 sq m
Key features
- Surface 300m2
Description
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 4.5/5 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.
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Canary Islands, Tenerife, Arona, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Tenerife(International)6.0 miles
- La Palma(International)75.9 miles
- Gran Canaria(International)78.7 miles
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Notes
This is a property advertisement provided and maintained by KW Sunset Home, Tenerife (reference 27414828-2961) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.