Bar In Playa De Palma For Sale

Business description

Comments:
A superb easy to run business equally suited to first time buyers or the more experienced operator. Located in a small commercial centre in the heart of one of Mallorca's busiest areas the business has a fantastic earnings potential.

Current Operation:
This bar has recently undergone some refurbishment making it a cosy and relaxing place to have a drink and relax. Able to trade all year the business is situated in a small square just off the main road through the resort and next to one of the most popular nightclubs in the area. The business has a sunny front terrace which at the present seats 25 people on cane chairs, but could seat up to 32 people and benefits from retractable awnings above which provides welcome shade in the summer months. Inside the bar is air conditioned and is decorated in white with wooden beams to the walls and the bar itself. There is seating for up to 30 people on new bar stools, and bench style seating which has been newly upholstered in a striking zebra print material. Also in the bar is a wall mounted colour television linked to a satellite system and at the rear of the bar two fully tiled clean public washrooms. The bar itself has a solid wood top with good storage behind and new down lighting above. It comes complete with bottle cooler, beer dispensing equipment, coffee machine and grinder, chilled bottle display cabinet, electronic cash register, good quality mini hi fi system and double sink unit. Below the square the business has one private parking space and also a secure storage space.

Notes:
An established business in first class condition that can be easily run by either a couple or a single person. A good location coupled with the potential for expansion means that this business should be high on your viewing list.

Premises Dimensions:
Inside: 50 Sq. metres
Outside: 40 Sq. metres

Finance:
Average rent and running costs should not prove to be problematic for new owners if the correct approach is applied to the business. Establishing a hot and cold snack menu or even tapas, particularly in the winter months could prove to be a profit making option.

Rent:
£570 per month

Asking Price:
€74250

Property information

Real Estate:

Lease

Location:

The business is located in a small pedestrianised square amongst other retail outlets and directly behind the entrance to one of the most popular nightclubs in the area. There are a number of hotels and apartments in the near vicinity of the business and the sandy beach which stretches for some 5 kilometres and resort centre are only a couple of minutes walk away. The resort is a cosmopolitan one, with tourists from many nations visiting each year, but is particularly popular with German and British tourists. The nightclub opens at the weekends in the winter for the local Spanish population.

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