Bar And Cafe For Sale

Business description

Comments:
Good first time buy opportunity, which is ready to run with regular repeat trade. Ideal for a couple or even a single operator.

Current Operation:
This family owned business for several years has been trading for eight or so months of the year providing drinks and a varied hot and cold snack and main meal menu to predominantly British tourists and also to the large ex pat residential community. Entered from the street the business has a small side terrace which can seat up to 12 people on metal framed chairs. Retractable windows and doors lead into the air conditioned bar itself which at the present has a sports theme, is decorated in blue and white with seating for a further 45 people on bar stools, and upholstered bench seating. Customer entertainment is provided by a pool table, complete karaoke system, two colour televisions linked to a satellite system and a coin operated internet station. The ceramic tiled topped bar has good storage and comes complete with bottle cooler, beer dispensing equipment, electronic cash register, good quality hi-fi system, video player, satellite digibox and sink unit. To one side of the bar are two refurbished tiled public washrooms. Alongside the bar is the compact kitchen with griddle, two fryers, extraction system, bain-marie, microwave, two toaster, domestic fridge, domestic freezer and sink unit. Beyond the kitchen is a small storage area.

Notes:
This is a good opportunity to purchase an up and running business which has built up a healthy repeat trade over the years. Suitable for a couple or even a single operator, with or without experience, this business would make an ideal first time buy on Mallorca.

Premises Dimensions:
Inside: 85 Sq. Metres
Outside: 15 Sq. Metres

Finance:
The rent for the business, which includes the water charge, is very low for this type of business and this coupled with average running costs means that with the right application, new owners should be able to maintain a good standard of living from the business.

Rent:
£345 per month

Asking Price:
€81000

Property information

Real Estate:

Lease

Location:

The business is located on a mainly residential street just outside the main resort, but with a small hotel opposite and several more nearby. There are two beaches close to the bar and the main resort centre is only a couple of minutes away. The resort has long been a favourite with British holidaymakers and this trend seems to be continuing.

Contact the seller