Bar For Sale

Business description

Comments:
Established under same ownership for many years this is one of the best known and most popular bars in its popular British resorts. The business in in excellent condition throughout and close to the beach. There is undoubted potential to extend the open season and to trade all year round if so desired or alternatively just rest in the winter and enjoy the super summer earnings.

Current Operation:
This busy bar opens for seven months of the year serving drinks and providing various types of entertainment for mainly British tourists, who flock to this resort in their thousands each year. During the day there is seating for 20 people on the terrace on cane furniture, with a private agreement with the business next door to utilise their terrace when they close in the evening to accommodate a further 12 people. Part of the terrace has a permanent roof, with the addition of retractable blinds which provides welcome shade from the hot summer sun. Sliding glass doors lead into the bar, which is simply decorated in white with various posters depicting movies and football memorabilia adorning the walls. A further 24 people can be seated inside on bar stools and two and three seat sofas. A pool table and two wall mounted televisions with satellite system are provided in the bar for customer entertainment. To the rear of the bar is a storage facility with an upright fridge/freezer and two fully tiled public washrooms. The wooden topped bar has ample storage behind and alongside and includes, two bottle coolers, beer dispensing equipment, electronic cash register, chilled bottle display cabinet, DVD player, video, compact disc player, power amplifier, Spanish satellite receiver and sink unit.

Notes:
This is a very busy and well established business that would be suitable for a couple or a small family to run. The potential to increase the opening times and the low running costs can only contribute to healthy profit margins. This is one of the best known and most popular businesses in the area.

Premises Dimensions:
Inside: 65 Sq. metres
Outside: 25 Sq. metres

Finance:
For its size and location the rental and running costs for the business are average, and new owners should have no trouble in meeting these. After the initial investment, with the correct approach, a very good standard of living can be obtained from the business.

Rent:
£790 per month

Asking Price:
€132300

Property information

Real Estate:

Lease

Location:

The business is located just off the main road through the resort amongst other bars, restaurants and shops. The wide sandy beach is just across the road from the business and several hotels and holiday apartments as well as the resort centre are in its near vicinity. The resort is a favourite one with British tourists, with thousands visiting each year, and many year after year.

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