- Advert ID: 457469
- (Seller ref: CO-475)
Frontline Bar Restaurant in Los Gigantes For Sale
- Location:
-
- Spain
- > Canary Islands
- > Tenerife
- > Los Gigantes, Tenerife
- Category:
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Summary
- Asking price:
- €70,000
- Sales revenue:
- €180,000
- Net profit:
- €84,000
- Years established:
- 7
- Employees:
- 3 plus owners
Business description
Fabulous opportunity to purchase the leasehold of a profitable frontline bar for sale in the beautiful marina of Los Gigantes. This is a long established family orientated business with terrific repeat trade from residents and holidaymakers. Seating capacity of approx 40 people with breathtaking views from the terrace of the marina, sea and mountains. Serving a bistro menu from a fully equipped kitchen, the bar also comprises of separate storeroom, TVs, a 22" Plasma screen, a PA system and offers karaoke. Highly recommended.
Property information
- Real Estate:
- Lease
- Lease terms:
- New 4 year renewable lease with monthly rent of 910 euros
- Location:
- Frontline to the marina with stunning views to the Los Gigantes cliffs
Other information
- Competition / Market:
- Long established with lots of repeat custom In one of the best locations in the heart of the main tourist area
- Reasons for selling:
- Due to bereavement
- Trading hours:
- 10am to late - licenced until 2am
- Website:
- www.cmltenerife.com
Contact the seller
need to search again?
- Spain
- > Canary Islands
- > Tenerife
- > Los Gigantes, Tenerife
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