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Famous Restaurant for Sale | Turn Key Established Business with Annual Turnover in Excess of €500k

1 Bed
Habitable Size: 200 m²
Land Size: 500 m²
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€170,000

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Region: Limousin Department: Creuse (23) Commune: Aubusson (23200)

Advert Reference: IFPC43589

For Sale By Owner (FSBO)

For Sale Privately Private Owner
Currency Conversion provided by French Property Currency powered by A Place in the Sun Currency, regulated in the UK (FCA firm reference 504353)
€170,000 is approximately:
British Pounds: £144,500
US Dollars: $181,900
Canadian Dollars: C$249,900
Australian Dollars: A$280,500
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.
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Key Info

  • Type: Business (Restaurant), Investment Property
  • Bedrooms: 1
  • Habitable Size: 200 m²
  • Land Size: 500 m²

Highlights

  • Sales revenue +500K
  • Really good reputation
  • No renovations needed to start
  • Great location in the heart of Aubusson

Features

  • Garden(s)
  • Parking
  • Revenue Generating
  • Terrace(s) / Patio(s)

Property Description

Summary
Restaurant with high potential for sale in Aubusson within the territory of the Creuse Grand Sud , energized by the presence of the International City of Tapestry, which attracts many visitors every year, as well as by the reopening of a nearby race circuit.

Located in the heart of the lively town center, the establishment offers a pleasant bar area, a dining room for about thirty covers, and has since this year a beautiful terrace allowing to double the capacity of the establishment and to offer remarkable visibility.

Regular investments have been made, allowing buyers to start the activity under the best conditions.

Constantly increasing turnover:

Turnover in 2020: €196,000 excl. tax
Turnover in 2021: €260,000 excl. tax
Turnover in 2022: €363,000 excl. tax
Turnover in 2023: €504,000 excl. tax
Development opportunities are also to be considered.

The big plus:

Support for taking over the activity (financial forecasts, legal status, training, legal obligations, development advice, guidance on financial aid schemes) by the Chamber of Commerce and Industry of Creuse within the framework of the "Region Nouvelle Aquitaine, entrepreneurship at your side" program.
Special regime for tax exemptions and social charges over several years (Rural Revitalization Zone).

Financial assistance for takeover.

Rent for the entire property: €1,225 (commercial space + several apartments upstairs) (to be renovated).

Selling price of the business: €170,000

Possibility of buying the building (currently for sale by the owners).

Location
The restaurant is located in the centre of the historic and picturesque town of Aubusson, Creuse.
Aubusson is located on the northern edge of the Parc Naturel de Millevaches en Limousin, an area famous for lakes (Lac de Vassivière & lac de Lavaud Gelade) and the beautiful countryside of the plateau de Millevaches upland area.

Access
Limoges & Clermont Ferrand airports are only a drive of 1h30 away

Revenue Generation
+500K

Energy Consumption Energy Consumption (DPE)
Co2 Emissions CO2 Emissions (GES)

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€170,000

Currency Conversion provided by French Property Currency powered by A Place in the Sun Currency, regulated in the UK (FCA firm reference 504353)
€170,000 is approximately:
British Pounds: £144,500
US Dollars: $181,900
Canadian Dollars: C$249,900
Australian Dollars: A$280,500
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.
Make an Enquiry Print this Page Save

Location Information

Creuse (23), Limousin
Region: Limousin Department: Creuse (23) Commune: Aubusson (23200) View Large Map

For Sale By Owner (FSBO)

For Sale Privately Private Owner

Partner Services

Property added to Saved Properties

Visit https://www.french-property.com/sale-property/1-IFPC43589 to make an enquiry