Company history/background
Property company with leased brasserie - restaurant "Elysee" on the Zeedijk in Ostend. The property enjoys a frontal sea view.
Layout:
- Hospitality establishment with 64 seats inside and 60 seats on the terrace.
- There are two entrances: there is a terrace with an open view of the sea on the Zeedijk and a terrace on the side of the horse racing track.
- Kitchen + storage rooms.
- There is an adjoining private studio with a kitchen and shower. This studio is currently rented out together with the hospitality business.
- The property is located near the Kinepolis, the horse racing track, and many new-build apartments.
Recently rented out (July '24, 9-year contract): €2,200/month.
The sale will take place by means of a share transaction.
Personal data
Region
West Flanders
Sector
Leisure
Type of company
Restaurants
Legal entity
Partnership
Type of transaction
Shares
Life phase enterprise
Full-grown
Employees in FTE
0
Type of buyer
- MBI candidate
- Strategic acquisition
- Investor
Financial information
Turnover last financial year
Confidential
Asking price
€ 500.000 - € 1.000.000
Earnings before taxes
Confidential