Bar In Alcudia For Sale

Business description

Comments:
A rare freehold opportunity located close to canal side in the heart of this ever popular British resort. With no rent to pay and low operating overheads the high profit margins here will ensure fantastic rewards. The business is easy to run and has massive potential to develop trade.

Current Operation:
Currently trading throughout the spring and summer season, this bar provides drinks and simple bar snacks to both mainly British tourists and also to the large residential population that lives and works in the resort. The bar has a front terrace, part of which has a permanent roof, overlooking a waterway and a green with children’s play area, with seating for 20 people on cane furniture. Inside further seating for another 16 people on bar stools and cane chairs where two wall mounted colour televisions with satellite system along with a fruit machine are provided for the amusement of customers. Two fully tiled public washrooms at the rear of the premises complete the fixtures and fittings. The bar running along one side of the premises comes fully equipped with bottle cooler, beer dispensing equipment, glass washer, electronic cash register, chilled display cabinet and sink unit. Alongside the bar is a small storage and food preparation area.

Notes:
Although a substantial investment for new owners, once bought, the business could supply new owners with a nice year round income. Suitable for a couple or even a single operator with staff in summer months, this business could provide a comfortable lifestyle for new owners whatever they choose to do with the business.

Premises Dimensions:
Inside: 50 Sq. metres
Outside: 35 Sq. metres

Finance:
The business is being offered on a freehold only basis and so initially would entail a substantial investment. Saying that after the initial purchase the running costs for the business are low and with no rent to pay, new owners should be able to achieve sufficient profitability in order to sustain a fabulous standard of living from it.

Rent:
0

Asking Price:
€221400

Property information

Real Estate:

Real Property Included

Location:

The property is located in a popular area of the resort, surrounded by other bars, restaurants as well as hotels and apartment complexes. The long sandy beach and the resort centre are only a few minutes away and the large international marina and ferry port can be reached in less than ten minutes. The resort has been a popular holiday destination for British tourists for many years and this trend is set to continue.

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