Country Restaurant For Sale

Business description

Successful small restaurant on a quaint church square in the medieval town of Cajarc in the Lot. Cajarc is the biggest town in the touristic area of the Lot river valley. The restaurant has a good reputation for country cuisine. Seats 35 inside and 50 on the terrace. The kitchen conforms to the european norms.

Property information

Real Estate:

Lease

Lease terms:

The lease has recently been renewed for 6 years with an option of another 9 years. The rental is 919 Euros per month.

Location:

Restaurant in on the church square which is a popular tourist site in the village. There is an art gallery, clothing boutique and hairdresser on this square. This is an area only for pedestrians. There are many pilgrims doing the Compostella walking trail who stop in Cajarc. Cajarc has a holiday camp of 82 holiday houses which are rented from Easter til beginning of November.

Other information

Expansion potential:

There are two dining halls of which only one is used at the moment. Expansion here is possible, creating two dining halls and the outside terrace in the summer.

Competition / Market:

There are five other restaurants in the village.

Support & training:

The owners would be willing to spend as much time as it takes to help the buyer get established.

Reasons for selling:

A young chef who would like to live in the big city with a larger restaurant.

Trading hours:

Lunch times and dinner times

Financing available:

The local banks would look favourably on any prospective buyer taking a loan to buy the business.

Furniture / Fixtures value:

€20,000 (included in the asking price)

Inventory / Stock value:

€2,000 (included in the asking price)