Bar And Cafe For Sale

Business description

Comments:
Easy to run, walk in and trade opportunity located in the heart of traditional all year round resort. Recently refurbished and in excellent condition throughout this attractively priced business would be ideal for first time buyers.

Current Operation:
This cosy bar with its sunny terrace has been popular with tourists and the local resident population for some years, serving drinks and a varied hot and cold snack and breakfast menu. The business has recently undergone a total reformation including a new bar and seating as well as being newly decorated. There is seating for 12 people on the front terrace on cane chairs where a permanent roof over the terrace provides welcome shade in summer months. Retractable glass doors lead into the attractive bar area where there a further 16 people can be seated on bar stools and cushioned bench style seating along one wall. The bar has a new ceramic tiled top and comes complete with bottle cooler, small coffee machine, beer dispensing equipment, hi-fi system and electronic cash register. Alongside the bar is a compact kitchen area including griddle, double electric hotplate, mini oven, microwave oven, toaster, two fryers, dishwasher, fridge and sink unit. In one corner of the bar there is a computer system with printer linked to the internet for the use of customers and at the rear of the bar are two tiled public washrooms, one with wheelchair access, and a small storeroom.

Notes:
This business offers a perfect opportunity for a single person or a couple on their first venture into running a business abroad. It is easy to run and maintain, it has the potential to increase trade and is in tip top condition. Needless to say it represents excellent value for money.

Premises Dimensions:
Inside: 40 Sq. metres
Outside: 12 Sq. metres

Finance:
Considering the recent refurbishment and the reasonable rent, which also includes the water charge for the business, the asking price is most reasonable. The day to day running costs are below average and new owners with the correct application should be able to maintain a good standard of living from the business.

Rent:
£365 per month

Asking Price:
€19575

Property information

Real Estate:

Lease

Location:

The business is located in the busiest street for bars and cafes in one of Mallorca´s long established resorts with all year round trade. It is only 100 metres from the beautiful sandy beach and marina and with a number of hotels and apartments in the near vicinity, always enjoys plenty of passing trade.