Summary
- Asking price:
-
€95,000
- Sales revenue:
- < E500k
- Net profit:
- < E250k
- Years established:
- many
Business description
Superb little Irish Pub for sale, leasehold.
Beutifully decorated with a superb local trade as well as the bonus of a big influx of tourists in the summer months. Ideally set up for a couple to run without the need for more staff. Set immediately opposite the only nightclub in town the Pub a has a great potential
Very genuine reason for selling this superb business
Property information
- Real Estate:
- Lease
- Lease terms:
- 10 year renwable lease with great landlords. asking price of just 95000 euros which is negotiable. Rent on the new lease will be only 500 euros per month rising with the official cost of inflation each January 1st. This year was 4.2% which is quite high for spain.
- Location:
- Centr of a small town in Menorca. Close to all amenities and directly opposite the only nightclub in the town
Other information
- Expansion potential:
- There is a small terrace outside on the street with wooden decking for which we pay the local town hall a fee of 130 euros annually
- Competition / Market:
- We have the only Irish Pub in the area
- Support & training:
- The current owners will be available to assist with all papers and licenses. They will also ensure that all discounts and deals already aggreed stay in place
- Reasons for selling:
- Personal. I will gladly explain to anyone who contacts us. We do not really want to sell but family dictates otherwise
- Trading hours:
- 11am-12 midnight