Unique restaurant business with high brand recognition and a residence for sale in Aalst

Asking price Price on request

Financial data

Turnover / Revenue €1.00

The Palace Club has been a fixture in Aalst since 1976 and is known as the city’s only late-night restaurant. Thanks to its long-standing reputation, strong brand recognition, and central location, this establishment offers a unique opportunity for both an experienced restaurant operator and an entrepreneur looking for a turnkey restaurant business.
The business was completely renovated in 2024 and features a professionally equipped interior. Inside, there is seating for as many as 99 people.

Strengths

  • An established institution since 1976
  • High brand recognition in Aalst
  • The only late-night restaurant in Aalst
  • 99 seats indoors
  • Completely renovated in 2024
  • Lot area of 280 m²
  • Not affiliated with a brewery
  • Fully equipped professional kitchen
  • Fully equipped bar with a 2-tap dispensing system
  • New heating and electrical systems
  • Living quarters above the business

Professional kitchen
The kitchen is fully equipped and includes, among other things: a 6-burner gas range with grill, combi-steamer, double deep fryer, stainless steel range hood, walk-in refrigerator, large industrial dishwasher, vacuum sealer, slicer, and various professional kitchen appliances

Bar & Furnishings
The bar features a beer dispensing system with 2 taps, ample refrigeration, a point-of-sale system, a sound system, and lighting. Everything is in place to continue operating the business immediately.

Residential Space
Above the business is a living space consisting of a one-bedroom apartment and a studio. Ideal for the owner who wants to combine living and working.

Rent: €3,500/month
Purchase price: upon request

A particularly attractive opportunity for anyone looking for a turnkey hospitality business with a strong reputation, ample capacity, professional infrastructure, and living quarters.

Location
Aalst, Oost-Vlaanderen
Legal form
Company
Customer type
B2C (Business to Consumer)
Real estate included
No
Translated from
Dutch
Disclaimer
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Price Price on request
Hospitality industry Hotel Restaurant

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