Restaurant Opportunity in Southern Tenerife

A high-performance restaurant with over 15 years of established experience is now available for sale in southern Tenerife, a location popular with tourists throughout the year. This opportunity encompasses not only the property and business assets but also all equipment, furnishings, and a trained operating staff ready to maintain the current business model.

Business Overview

This restaurant specializes in catering to groups and currently operates only four days a week, generating considerable annual revenue with ample opportunity for growth. The operational strategy focuses on pre-ordered menus and aims for zero waste, ensuring consistent and sustainable profits.

Property Details

The establishment sits on a 1,150 m² plot, with two floors comprising:

• 685 m² main floor
• 620 m² upper floor, currently underutilized
• 170 m² open-air chill-out area with potential for nightlife or events
• 50 m² warehouse
• 80 m² children’s playground/games room
• Two fully equipped kitchens
• Rooftop terrace and additional unused room for new developments
• 165 m² apartment integrated into the restaurant, occupied by the chef and family
• Private parking for 50–65 vehicles, with a rent of €180/month
• Additional nearby parking available

Licenses and Permits

All licenses and permits, including commercial, health, and operating approvals, are in place. The property is in excellent condition and ready for immediate operation without needing marketing investments, owing to a loyal customer base.

Growth Potential

There are numerous avenues for immediate expansion, including:

• Extending opening days and hours
• Introducing new cuisines such as international dishes, churros, Iberian cuisine, and paellas
• Developing the chill-out area for nighttime events and live music
• Incorporating cocktails and varied entertainment options
• Activating unused spaces such as the rooftop and second floor

Investment Insights

With an estimated payback period of 18 months or potentially less, depending on the new owner’s focus, this property represents a significant profit-generating opportunity that combines efficiency, tradition, and untapped potential.