Pedro M. left his restaurant in the small Madrid town of Manzanares El Real on Saturday night in the company of one his employees.
The same worker went to pick him up the next day at his home to find his boss had been brutally murdered.
The victim had deep cuts on his head and body, presumed to have been inflicted with a large axe.
There was evidence of a burglary had occurred as the victim’s mobile and the previous day's takings at the restaurant were missing.
Police are still looking for fingerprints at the man’s home and have already questioned his staff in the hope of finding clues to his gruesome murder.