For sale FDC restaurant 185m² prime location No.1 Strasbourg

Description

Business assets of a traditional restaurant located in the Petite France quarter of Strasbourg, in the heart of the Grande Île listed as a UNESCO World Heritage Site. Prime location benefiting from strong tourist and local footfall.

Establishment of approximately 185 m², operated with continuous service and two separate teams in the kitchen and dining room. Local and regional clientele represent more than 40% of turnover.

• Area of approximately 185 m²
• Open 360 days a year, from 11:30 AM to 9:30 PM
• Turnover: €1,507,000 (excl. VAT)
• Adjusted EBITDA: €213,500
• Revenue growth: +22% over 24 months and +280% since 2019
• Monthly rent: €10,235 (excl. VAT)
• Tripadvisor: 4.5/5 from 775 reviews
• La Fourchette (TheFork): 8.9/10 from 4,121 reviews
• Required bank equity: €400,000, to be justified before viewing

Possibility to also acquire the building including the commercial premises and 6 apartments, offered at €2,498,950, with €196,000 of annual rents and an advertised gross yield of 8.50%.

Asking price for the business goodwill: €1,344,000 HAI, including 12% (TTC) fees payable by the buyer. Price excluding fees: €1,200,000.