RESTAURANT ACQUISITION: LEGAL & OPERATIONAL DUE DILIGENCE
Purchasing a restaurant in Spain involves more than just a real estate transaction; it is the acquisition of a complex regulated business. TLA ensures your investment is protected from hidden liabilities.
1. Licenses & Permits
- Opening License: Verification of the specific category (Restaurante, Bar-Cafetería) and validity.
- Terrace Permits: Checking annual fees, surface limits, and current municipal regulations
- Smoke Exit: Technical audit to ensure compliance with building and community laws.
2. Labor & Subrogation
- Staff Obligations: Analysis of seniority and mandatory subrogation of existing employees.
- Social Security: Certificates of "No Debt" to avoid inheriting previous owners' liabilities.
- Contracts: Review of specific hospitality sector collective agreements.
3. Sanitary & Safety
- Health Inspections: Review of past records and current hygiene protocol compliance.
- Fire Safety: Verification of extinguishers, emergency exits, and maximum occupancy (Aforo).
4. Lease & Transfer
- Traspaso Terms: Legal review of the transfer price vs. lease duration.
- Rent Escalation: Verification of future rent reviews and duration of the contract.
Ready to open your restaurant?
Don’t sign a deposit (Arras) without a professional risk review.