support@cxnx.net
396, Rue du Lyret
74400
Chamonix
Bar/Restaurant for sale in the Chamonix Valley.
Well established, successful and in a good location.
Area: 135sqM + 25sqM cellar (of the 135, 90 square meters leased and 45 + 25 is owned). Terrace (in summer) with seating for thirty.
Contact: +33.(0)6.89.73.88.89
Located in Argentiere (Grands Montets lifts) on the main road between Chamonix & Le Tour/Vallorcine, so it is an easy 'apres ski' place thanks to the large free car park.
The winter season starts mid December and finishes first week of May. The summer season runs from mid/end June to mid/end September depending from the weather conditions.
Argentiere is a lively village and the bar has a great selection of sociable customers. They are predominantly English speaking; coming from Britain, Ireland, Australia, New Zealand, Sweden and other northern European nations.
The total surface area is 135 sq meters, including bar and restaurant areas, kitchen & toilets. There is another 25 sq meters of cellar space in the basement.
The Bar & Restaurant, area A & B (see below), has about 60 seats, plus 30 seats on the terrace (during spring & summer).
There is more seating in the pool & games area, but we do not use this for food at the moment.
There is a false ceiling that hides a 4 m high true ceiling.
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We are selling the FOND DE COMMERCE (business) together with the LICENSE IV (sale of alcohol with or without food). Not all the restaurants have this license. It costs about €25,000 in it's own right.
Also, we have permission to sell TAKE AWAY food.
We own a part of the property as well, areas C & D on the drawing (see below). This is the pool table & games area. Ownership of this is interesting because this part of the premises could be separated from the bar / restaurant, and be developed as an apartment. It used to be an apartment 20 years ago. We own the cellars as well.
The lease for the bar & restaurant area (parts A & B) is €1760 per month.
Our turnover for the last 2 years (Year end 31st October)
2004/2005 € 256.000 Vat excluded Gross about € 300.000
2005/2006 € 285.000 Vat excluded Gross about € 326.000
In winter, we open at 4pm and close at 1 or 2 am. In the summer high season, July and August, we open at midday. We could open at 8am and serve the breakfast and all morning coffee trade. The previous owners did this. They were open all day.
Even though the business is still growing, we are selling because we would like to move out of the Chamonix Valley.
Normally, we close 6/7 weeks in May/June and from mid September to the end of November.
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PRICE
The Business (fond de commerce & License IV) including all the bar & kitchen equipment, tables, chairs and stools (excluding pool & games)
€ 310.000
Parts C & D of the premises, about 45 sq meters + all the cellars.
€ 195.000
We are open to three possibilities:
1. We sell only the business (Fond de Commerce), this includes the lease for parts A & B plus a new lease for C&D (including the reserves & cellars) for about €900/month
2. We could sell the business with the lease of the part A & B only, it means that we will separate the parts C & D (we will use them for something else), in this case the size of the bar & restaurant will be around 90 sq meters (the cellars will be sold with the business).
3. We could sell everything.
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Below is a freehand plan of the premises:
A = bar main area with the entry
B = Restaurant area
C & D = games area
w = window
D= door
WC= toilet
On the front of the Bar & Restaurant, there are two full height glass sliding doors. In summer this is makes for a very pleasant atmosphere and provides easy access to the terrace.
