FOR SALE – RESTAURANT BUSINESS – CATEGORY III LICENCE – TERRACE – EXTRACTION SYSTEM MONTPELLIER CENTRE (34), FRANCE
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surface area
53 m2
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Revenue
217 664€ H.T.
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EBITDA
16 148€
Presentation of the commercial premises : Restaurant for sale in MONTPELLIER
Key Features
• 53 sq m premises in a vibrant, high-footfall area of central Montpellier
• Bright 38 sq m dining room with seating for 28 covers
• Professional kitchen fitted with a 200 mm extraction system
• Two terraces providing a total of 80 additional covers – a major advantage during the summer season
• No staff to take over – an ideal blank canvas for a new concept
• Category III drinks licence in place
Description
An excellent opportunity to acquire a well-located restaurant business in the heart of Montpellier, in a lively area attracting both regular local customers and passing trade throughout the year.
The premises comprise a bright 38 sq m dining room with seating for 28 covers, together with a professional kitchen and wash-up area fitted with a 200 mm extraction system.
Two terraces provide a combined capacity of 80 covers, significantly increasing the restaurant's potential during the warmer months and contributing substantially to annual turnover.
The business is being sold with no staff to take over, giving an incoming operator a genuine blank canvas to develop a new concept. The premises could suit a traditional restaurant, international cuisine, wine or cocktail bar, or a themed food and beverage concept.
There is also potential to introduce a takeaway or delivery service, which is currently untapped.
The new operator would have flexibility to adapt the concept, opening hours and trading days to suit the chosen business model.
Trading Information
• Turnover (2024): €216,143
• Adjusted EBITDA: €72,600
• Rent: approximately 8.2% of turnover (excluding VAT)
• Service charges: €100 per month
• Annual terrace fee: €4,341
• Property tax (taxe foncière): €1,691
Nombre de lots de la copropriété : 155, Montant moyen annuel de la quote-part de charges (budget prévisionnel) : 600€ soit 50€ par mois.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.
** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!
Additional information :
Total price including fees 54 000 €Price excluding fees 45 000 €
Fees payable by the buyer are 20% all taxes included
Location of the commercial premises : Restaurant for sale in MONTPELLIER
Features of this property :
| 340 935 477 988 | |
| 2 | |
| 53 m² |
| 54 000 € | |
| 1 691 € | |
| 217 664€ H.T. | |
| 16 148€ |
Capifrance advisor in charge of this property
Investing in commercial properties can offer several attractive advantages for investors. Here are some reasons why this type of investment can be appealing:
High returns
Tenant stability: Businesses tend to sign long-term leases (often between 3 and 9 years). This provides stable rental income over the long term and reduces the risk of vacancy.
Property appreciation: Commercial properties can increase in value over time, especially if they are located in developing areas or thriving business districts.
Diversification opportunities: Investing in commercial properties allows for the diversification of an investment portfolio. This helps reduce risks by spreading investments across different types of real estate assets (offices, retail spaces, warehouses, etc.).
Less daily management: Compared to managing residential properties, commercial properties require less daily management. Tenant businesses are generally responsible for routine maintenance.
There is no tacit renewal. The tenant must request the renewal of the lease 6 months before the lease's expiration. This request cannot be refused.
In the case of tacit extension, the conditions of the initial lease continue to apply, but the parties can terminate the lease at any time, subject to a notice period. The terms of the lease (rent, charges, etc.) continue to apply. If the lease duration exceeds 12 years, the landlord can uncap the rent (i.e., the rent will be set at the market rental value commonly practiced in the vicinity).
Valuing a business requires a comprehensive approach, taking into account the financial, commercial, material, and immaterial aspects of the company. Consulting a specialist in business valuation can also help to obtain an accurate and professional estimate.
Do you need advice for your real estate project? Contact a Capifrance advisor
