Commercial property, 155 m²

Caorle, Venice (province)

For sale Self Service business for walk / take-over in Caorle

In the beating heart of the historic center of Caorle we offer for sale a unique opportunity for entrepreneurs or families that want to recognise a consolidated, profitable self-service business and with property of exclusive property. Located in a privileged position, the activity is just a minute walk from the sea and is set in an area of intense pedestrian and tourist passage, being ideal for both local customers and numerous visitors who live out this famous Venetian town every year.

The property (value 700,000 euros) is spread over a total area of 155 square meters and has been carefully maintained by the owners, always with constant updates over the years, thus ensuring an environment in perfect condition, ready to continue the business immediately without the need for further structural work.

The interior layout is particularly functional: It is accessed via an entrance that houses the bar and the self-service area, followed by a large living room ideal for numerous customers. In the rear part, there is a spacious private area of exclusive property, where there are umbrellas and chairs that can be used in the summer and winter without problems, with the further advantage of two private parking spaces. The property also has staff changing rooms, two bathrooms, a professional kitchen with separate washing area and other technical rooms.

Features of the restaurant: - Surface: 155 sqm.
- Arrangement: entrance with drink distributor and frying area, large back living room with outdoor area with tables and parasols already present, two exclusive property parking spaces, changing rooms for staff, two bathrooms, equipped kitchen with separate washing area and other technical rooms.
- Conditions: the property has been kept carefully over time, with constant and targeted updates, as if it were intended for a long-term use by the owners themselves.
- Systems: electrical, hydraulic and flue in compliance with ULSS regulations.
- Property: entire property without any condo fees.

The commercial activity (value 399,000 euros) is a self-service that since 1977 has been a reference point for lovers of traditional dishes such as shrimp, walking squid, calamare, curls, tongues, bassoon and sole. chicken, terracottaettes and fried potatoes, chicken, terracotta tiles, etc. Thanks to its long presence, the self-service can count on a loyalized customer, consisting of residents and regular tourists, as well as a constant increase of new visitors attracted by the centrality of the room. The activity is not seasonal but is open all year round. The average annual turnover for the last two years has been between 260,000 and 280,000 euros, with an average income before taxes of around 110,000 euros.
The restaurant is currently successfully managed by the owners, husband and wife, flanked by two part-time employees.

The sale entirely includes the furnishings and equipment present inside the room today, including professional fryers, refrigerated counter, tables, chairs, fridges and a professional kitchen that has always been maintained. The main reason for the sale is the desire of the owners to withdraw not for the decrease of the activity, but for the lack of generational exchange and the willingness to retire, after decades of activities managed with dedication and professionalism.

The business is so profitable because over the years the owner has eliminated many costs creating a very lean self-service system and large margins.

The structure also offers growth margins, is equipped with a complete kitchen that allows you to prepare the necessary for frying (it is a professional kitchen used in the past also for restaurants), it is possible to enhance the bar service, or with intelligence you can also find other solutions to increase the average receipt or the frequency of customers.

Licenses and permits are included in the sale, facilitating an immediate passage without bureaucratic complications.

This proposal is ideal for those looking for a solid, lasting, profitable investment and with ample possibility of development, in one of the most popular tourist places in Italy.

There are no possibilities for loans or extensions, nor formulas of rent with ransom. But the owner is available fully in support for the passage of deliveries (at the discretion of those who buy).

PS In the live appointment we have different materials with regard to the budgets for the last 3 years and the current value of the property.