Restaurant in Marseille (13002)
Restaurant in Marseille (13002)Restaurant in Marseille (13002)
€299,000

Restaurant in Marseille (13002)

  • New
  • 191 m²

Description

Hippie Chic Café Restaurant Business — Quai de la Joliette — €299,000 — Retired EBITDA €201k Sale of the Hippie Chic Café business, Quai de la Joliette, Marseille 2nd arrondissement. €299,000 for a restaurant generating €201,000 in retired EBITDA: the price represents 1.5 years of earnings. 8th out of 3,082 restaurants in Marseille on TripAdvisor. 4.6/5 on Google, 1,597 reviews. This reputation is not built in a year. It is established. 2024 FIGURES Revenue: €973,800 (excl. VAT) Gross margin: 68.3% Retired EBITDA: €201,242 3 certified financial statements WHAT IS INCLUDED IN THE SALE The business: customer base, brand name, lease rights, kitchen equipment and furnishings. The premises are not for sale: they are owned by an institutional landlord. Stock at cost on the date of sale. THE BUSINESS Open 348 days per year. 120 covers. Activity authorized by lease: dine-in and takeaway service. THE LOCATION Quai de la Joliette, Marseille 2nd arrondissement, in the heart of the Euroméditerranée business district. Metro M2 and tram T2/T3 at Joliette station. A few minutes' walk from the Docks, Terrasses du Port, maritime station and the Cathedral of La Major. Office clientele at lunch, leisure and passing trade in the evening and at weekends. THE PREMISES Approximately 191.5 m²: 139.9 m² operating space on ground floor, 51.6 m² mezzanine (office, storage), space under stairs. Professional equipped kitchen, roof extraction. THE LEASE Rent: €73,310 (excl. VAT) per year, representing 7.5% of revenue. Institutional landlord. Expiry: 31/12/2028. At renewal, rent increases are capped by the lease: the landlord has waived the uncapping clause. THE TEAM 6 employees in place. FINANCING With 15% equity (€44,850), a 7-year loan at 4.5% represents an annual payment of approximately €42,400. Retired EBITDA covers this 4.7 times. Indicative calculation, excluding closing costs and stock. FOR WHOM An experienced operator, a group, or a restaurateur seeking a second location in a prime Marseille location. THE FILE 3 certified financial statements, valuation report, commercial lease. Provided after signing a confidentiality agreement. Sale price of the business: €299,000 including fees, of which 7.36% VAT charged to the buyer (price excluding fees: €278,498). Stock additional. To receive the complete file, contact me.

Ref: 2118907

Others informations

Price details

Sale price
€299,000

of

Price per m²
€1,565 / m²
Price excluding fees
€278,498
Fees incl. VAT payable by the buyer
€20,502 (i.e 7.36%)
See the fees scale

Energy performance

Energy performance diagnosis

Not required

Greenhouse gas emission index

Not required

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