This is a popular and profitable taco restaurant located in the heart of Ericeira, Portugal (just outside Lisbon on the coast). It's known for its authentic Californian-style tacos and vibrant atmosphere. We established the business over five years ago and have built up a great client base, as evidenced by our excellent reviews. The restaurant has become a local favorite and a must-visit destination for tourists.
All of our financials, revenues, and margins are clean and verifiable. We recently renewed our lease for 5 additional years at a below-market rate in the heart of the village. All of our equipment is in excellent condition, and the restaurant was completely remodeled (down to the studs) and rebuilt when we took ownership, with over €80k+ invested in renovations.
The restaurant comes with several taco-relevant domains, Social media with over 10,000 followers, excellent Google reviews, etc.
We have the capacity for 21 guests in the restaurant, two tables outside, and a booming delivery business on Uber Eats. There is an opportunity to grow if you service the take-away window and expand on the hours opened.
The business is being listed for sale because the family member who ran it became ill and can no longer work. So, instead of hiring new people, training, etc., we are filling in and exploring a sale. We have three employees who can stay with the restaurant if interested, but it is not a requirement.
FAST FACTS:
Square Meters - 55 (approx 600 sf)
Bathrooms: 2
Open Kitchen: Yes
Max Seating Capacity: 21
Lease Term: 5 years with option to renew
Security System w/ Cameras: Yes
Peak Seasonality: April–October
Avg. Ticket: € 24.17
Business Split (approximately 60% take-away/ 40% dine-in)
