Leasehold restaurant on the seafront

Beautiful business on the seafront, Restaurant/Brasserie Licence IV facing the beaches, located in a town in the Monegasque crown.

Seats 80 directly on the beach and 50 indoors. Average bill of €28 for lunch and €45 for dinner.
Open 7/7 from April to October and 6/7 in winter.
Good clientele from Italy and Monaco.
Upmarket potential.

The managers have average sales of €684,634 and average adjusted EBITDA of €191,620 over the last 3 years.
Rent is 35600€ per year for a 9-year lease running until September 1, 2030.

Possibility of developing the Glacier or seafood sector.
A must-see business.

Price of business including agency fees €810,000
Price of business excluding agency fees €750,000
Fees of 8% inc. VAT, i.e. 6.67% excl. tax at purchaser's expense.

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