Tearoom Aldis to be taken over at TOP location (opposite Kinepolis) in Ostend

Asking price €189,000.00

Financial data

Turnover / Revenue €440,000.00
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) €145,000.00
Profit margin +/- 20%

This tearoom with exceptional figures and minimum staff (high efficiency), has a TOP commercial location in Ostend on the Belgian coast (back dike, opposite Kinepolis and the Wellington racecourse) with easy accessibility and ample parking. Their terrace enjoys the sun for 8 hours on sunny days and is free of municipal taxes, which is definitely a huge added value.
This tearoom has a very good reputation in the area thanks to the efforts of its managers to improve their offer while watching over the quality of the dishes and services. The satisfaction of their customers speaks for itself (high ratings on social media).
This profitable business has numerous assets that make this a very interesting acquisition, such as:

- A prime location on the coast - ample parking and good accessibility
- Proven sales and profits
- Fixed clientele both in the winter months and in the summer months
- Free of brewer
- Timeless setting
- No evening shift
- Simple dishes, limited menu
- Little staffing requirement


Consisting of a timeless, cozy and functionally decorated consumption room for 52 people.
Terrace adjacent to the business for 58 people, divided into boxes that can be individually securely locked depending on crowds/occupancy. There are no additional investment costs as all equipment is well maintained.

Currently a pure day business but with expansion possibilities in different directions: opening during evening hours, expansion of current offerings, heated terrace during winter months.

Ideal profile transferees: Motivated couple who wish to make a career in hospitality.
Helping start up possible - Training included.

This very nice and well maintained child-friendly business is definitely worth viewing. Offers a nice financial security.
An ideal opportunity for those wishing to run a thriving catering business on the coast.


Offer:
- The valuation was carried out based on various valuation methods considering multiple scenarios
- It concerns a transfer of shares or trading fund (assets - goodwill).
- The commercial property is currently rented
- Purchase of trading premises is negotiable with the landlord.
- Manager is willing to remain active in the business during transition period.

If you are interested in this tearoom and/or commercial property, please do not hesitate to contact us. We will be happy to talk to you and help you think about the feasibility of your project.

We will provide further information during a personal interview after arranging the usual confidentiality agreement.

Unique features

  • Locatie
  • Fixed clënteel - even in the off-season
  • Sunny terrace
Location
West-Vlaanderen
Legal form
Company
Number of employees
1
Customer type
B2C (Business to Consumer)
Active since
2018
Real estate included
No
Translated from
Dutch
Disclaimer
Takeover market is not responsible for the content. Please check for accuracy and completeness.

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