Two restaurants under one roof in Aruba

Noord, Palm Beach Restaurant for sale: The downstairs restaurant features Peruvian cuisine divided over an indoor and outdoor part. The upstairs part a Chef Table fine dining.

Two restaurants under one roof in Aruba


The restaurant is situated close to popular Eagle Beach it hotels nearby for potential clients.



Location

Country:

Aruba

State or Province:

Palm Beach

City:

Noord

Location Zip or Postal Code:

0

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Two restaurants under one roof in Aruba

Year Established:

2014

Number of Locations:

1

Number of Seats:

51-150

Size:

350, Square Metres

Patio:

Yes

Number of Employees:

11-50

Hours of Operation:

12 noon to 11 pm

Growth or Expansion Opportunities:

Terrace space available for expansion

Reason for Selling:

Retirement

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Links

Link to Facebook Page:

The Kitchen Table Asi es mi Peru

Link to TripAdvisor Review Page:

The Kitchen Table - Asi es mi Peru

Website:

www.thekitchentableinaruba.com www.asiesmiperuenaruba.com

Financial Details

Asking Price:

$299,000 incl. two corporations, FF&E and inventory

Gross Revenue Range:

$1,000,000+

EBITDA (Earnings before Income, Taxes and Depreciation):

$100,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000-$300,000

FF&E Value (Furniture Fixtures and Equipment):

$50,000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Estimated Value:

$25,000

Inventory Value included in price?:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

5 years

Total Monthly Rent:

$4500,00

Financial Comments (include any Financing information that may be useful):

Reasonable rent in resort area, part of a timeshare resort

Contact Listing Owner