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Ref. number: 0249

Emberli Park Bar & Diner in Lozenets, on the Black Sea

New restaurant and bar for sale, partnership or rent

Offer type: Business for sale
Location: Lozenets
Business category: , bar & diner , bar , restaurant , club
Price: 65 000 €

Summary:

Emberli Park Bar & Dinner is the main and only restaurant and bar at the elite holiday development of Emberli, located in the seaside resort of Lozenets. The development is one of the best in the whore resort and is very popular among well-off holidaymakers from Sofia and the big cities around Bulgaria and there are many apartment owners in Emberli from Russia and Poland who come to their holiday homes to spend the summer.

Modern, functional and with attention paid to every detail the complex has a total of 116 apartments which can accommodate up to 400 people. All extras typical for a 4-star hotel are at the disposal of all holidaymakers and apartment owners. There is an excellent system for maintenance and management of the complex in place, as well as comprehensive marketing campaigns among well-off clients from Bulgaria and abroad, as Emberli is part of the franchise network of Property Management BG and a member of the chain of apartment hotels of ApartmentsBulgaria.com. As a result of the good optimization, the advertising and the wonderful staff in Emberli combined with Emberli’s belonging to one of the most successful Bulgarian chain of hotels, the development had a high level of occupancy even during its first season and a good return rate for the owners of the business, even at a time of a global credit crunch.

• Read more about Emberli holiday development.

Business Description:

Emberli Park Bar & Dinner is not only a place for eating and drinking. It is a fully developed business with a few independent client zones in the most important areas of the complex, and namely:
• The elegant restaurant Emberli Park Bar & Dinner with an internal (covered) area and open-air terraces offering an elegant selection of specialties, wines, snacks for the hot summer days and nights and a wide choice of exotic cocktails. The menu has been specially selected by the restaurant’s experienced manager (a true professional with long experience in the restaurant business), his aim being to provide a feeling of elegance combined with delicious dishes selected in accordance with the different nationalities of the restaurant’s clients. The restaurant welcomes clients for breakfast, lunch and especially for dinner as it is also visited by clients of the nearby hotels.
The total size of the restaurant and its terrace is 239.46 sq.m.
• The pool bar is designed in such a way as to simultaneously service those clients sitting on the bar stools and those clients sitting on the stools in the big pool.
• The canopy-covered Lounge Zone in the complex’s garden is just next to the pool and the lounge-chairs and there clients can eat and drink on the soft comfortable lounges and cozy sofas. This is the favorite zone of those who like to relax around the pool in the afternoon, when the scorching summer sun predisposes one to having a cooling cocktail under the shade of the canopies.
• The lounge-chairs around the swimming pool. Our waiters also service the clients sunbathing on the lounge-chairs around the pool serving them food and drinks on the small tables placed next to each lounge-chair.
• The Relax Zone in the beautifully landscaped garden behind the hotel is equipped with hammocks and low garden furniture and is set just next to small brook and a wood of century-old trees covered in lianas and ivy. This is the perfect place for reading a book in a cooler spot.
• The Lobby Zone with low furniture just next to the reception area. Clients like to use our nice lobby to have their morning coffee, to browse the internet or to read the newspapers. It is one of the most liked places in the hotel where clients have drinks and snacks.
• Room service. Every tourist or apartment owner staying at their apartment can order drinks and food from a special menu.

Each of the zones has facilities and amenities so that clients can eat and drink in pleasant and relaxing surroundings, which guarantees maximum satisfaction only a good bar and restaurant can offer.

The prices in the menu are well balanced and reflect the quality of the drinks and food offered, as well as the high standard of the restaurant and the complex. The kitchen of the restaurant is equipped with high-quality new equipment by a leading Bulgarian company offering professional restaurant equipment. Most of the furniture is custom made.

The business is well-developed and is managed by a professional restaurant manager with a long experience in the restaurant business, as he personally controls the whole work process and all units of the business. No compromise is made with the quality of the drinks and food offered. Each delivery of products is done personally by our managers and only products of highest quality are selected.

The possibilities this business has are excellent in view of its quality characteristics:
• Well-designed spaces;
• Stylish interior and furnishing with a custom design;
• Big capacity of the complex (116 apartments and around 400 beds);
• Located in one of the most successful modern holiday developments in the resort of Lozenets, which attracts well-off clients, mostly from Bulgaria and Russia;
• Well-developed business;
• The restaurant is popular among the holidaymakers coming to the resort of Lozenets;
• High-quality professional equipment and furnishing;
• Lozenets is a special place on the Bulgarian Black Sea coast. It is a resort preferred by well-off and active young people with good professions – the perfect clientele for a responsible restaurant owner, whose efforts to provide quality servicing will be rewarded;
• A bargain price which will allow the buyer to acquire a well-developed business with great perspectives; a business at an extremely lucrative price in view of its numerous qualities and great potential;

What is included in the package sold:
• Real estate – a restaurant with a kitchen and an indoor area
• The whole equipment in the kitchen, together with all the crockery and cutlery
• The whole furnishing (furniture) in all zones serviced by the restaurant
• The trademark Emberli Park Bar & Dinner
• An exclusive agreement for servicing the clients of Emberli holiday development and not allowing any other restaurants and bars within the limits of the development. The agreement will be termless
• An exclusive agreement for placing the serviced zones on the grounds of the complex, which is owned by the developer. The agreement will be termless.

IMPORTANT CONDITIONS! The buyer of the business must know the following important conditions laid down by the company managing the complex – Emberli Management Ltd, which the buyer has to confirm that they accept in writing before acquiring the ownership and the right to run Emberli Park Bar & Dinner:
• To bear in mind that the restaurant and the areas serviced by it are an inseparable part of the business of Emberli holiday development due to which the buyer must work in accordance with the policy of the development for attracting more well-off clients from Bulgaria and abroad. The menu and the prices must be in compliance with this clientele;
• The bar and restaurant are set within the limits of the holiday development, due to which the provisions of the general assembly for safeguarding the tranquility of the guests in the complex must be observed;
• The buyer must do all in their power to hire such personnel that will assure the professional servicing and will guarantee that the clients are happy with their overall stay in the complex;
• The buyer must guarantee competitive catering prices for tourists who have prepaid their breakfasts and lunches/dinner with their holiday packages. Some of our tour operators offer holiday packages in Emberli in which apart from the accommodation the clients also pay for their food.
• Serious buyers will be invited for an interview and will be asked to provide information about themselves, about their business and experience so that the company managing the complex can be sure of their willingness and skills to manage this business. An exception will be made only for investors wishing to acquire the business with the option of giving it back to be managed by its present team against an annual rent (see the conditions for back-renting below).

The following options for acquiring the whole business of Emberli Park Bar & Dinner set in Emberli holiday development, Lozenets resort, the Southern Black Sea coast are available:

• Sale of the restaurant and the right to termless use of the area serviced by it at a price of 190,000 Euro, VAT excluded. The price is not subject to negotiations. The buyer will organize the management and the business themselves taking into consideration the abovementioned conditions of the managing company.

We can also offer you for sale at a price of 50,000 Euro the food and convenience store located in the hotel’s lobby. This way the owner of the restaurant will have more business for the restaurant eliminating the competition of the store.

There is a possibility for changes to the initial concept of the restaurant, its trend and menu if the buyer points out and supports serious arguments for that.

The restaurant and bar can rely on guaranteed clientele among the tourists and the apartment owners staying in the development during the whole season. The resort of Lozenets is known for being one of the best holiday spots along the Bulgarian Southern Black Sea coast and is a favorite getaway for well-off tourists from Sofia and from the big cities around Bulgaria. It is famous for its emblematic bars and restaurants and lively nightlife due to which there is great potential for developing successful bars and restaurants, especially ones with the Bar & Dinner concept.

The investor is a professional developer and manager of holiday developments and wants to give the opportunity to the right person or company to make the most of their restaurant business in the long run. The managing company and the developer of the complex will provide full support to the buyer.

Read more about Emberli holiday development