Bar And Cafe For Sale

Business description

Comments:
Businesses of this size in this resort do not come onto the market at this price very often. The business opens itself to any number of themes and with a little flair and imagination could become a highly profitable business.

Current Operation:
This bar/cafeteria, currently closed, has traded in the past for ten months of the year providing drinks and a varied hot and cold snack and main meal menu to both mainly British tourists that visit this popular resort each year and also to the large resident ex pat community. The business is in need of some redecoration and also needs refurnishing to get it into shape to open. The business has a sunny front terrace Part of which has a permanent roof with retractable awnings above, to the side and front to the rest of the terrace, giving welcome shade in the summer months,the terrace is capable of seating up to 40 people with ease. Inside the bar has had a new tiled floor laid and has recently had new wiring and plumbing. There are no chairs in the bar, but there is a pool table and a coin operated internet machine to be found inside. To one side of the bar is a small storage area and to the rear are two fully tiled public washrooms. The bar has a laminated top with wooden panelled facia and includes beer dispensing equipment and a double sink unit. Behind the bar is a spacious tiled kitchen with two burner gas stove and oven and sink unit. The premises are protected at the front by pull down metal security shutters.

Notes:
Here is a fantastic opportunity for someone to purchase an affordable business in a good location with unlimited potential. The business could easily be run by a couple or even a small family, with or without experience and represents a perfect first time buy.

Premises Dimensions:
Inside: 55 Sq. metres
Outside: 45 Sq. metres

Finance:
The business is in need of some minor redecoration and also refurnishing to both the bar and kitchen areas and this is reflected in the asking price. Rent and running costs for the bar are average for the location and size of the business and with the correct operating procedures being used, should not prove to be a problem for new owners.

Rent:
£780 per month

Asking Price:
€33750

Property information

Real Estate:

Lease

Location:

The business is located on a main road to the beach and close to the major supermarket in one of Mallorca´s busiest resorts that is visited by throngs of British tourists. There are 5 large hotels in the immediate vicinity of the business as well as several major tourist attractions nearby, the wide sandy beach is just a couple of minutes walk away.

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