Late Licence Live Music Venue In Traspaso For Sale

Business description

This late licenced bar situated in a busy commercial centre in Playa Blanca is the only live music venue in the resort and is the only dedicated rock bar in Lanzarote. With many repeat customers of all international denominations this bar crosses borders with rock music being everyone's passion.
However with a great location and a late licence this business could easily be changed to have a different offering in the evening or even open in the daytime.

Property information

Real Estate:

Lease

Lease terms:

A new five year lease will be available to the new owners

Location:

The bar is located in a busy commercial centre in Playa Blanca that includes 6 bars, Burger King, 4 cafes, 3 restaurants and several shops and supermarkets that are open in the day.

Other information

Expansion potential:

The opportunities are endless the unit that the bar is contained in due to its layout could easily be converted in to a different type of bar or disco, to open in the day or night or both!

Competition / Market:

Currently the only live music venue in Playa Blanca there is no direct competition to its current offering.

Support & training:

The current owner will be available to assist in any way the new owners may require

Reasons for selling:

Owning more than one bar the owner has decided to spend more time with their partner and has priced the business accordingly

Trading hours:

8pm - 3am 7 days per week

Furniture / Fixtures value:

€25,000

Inventory / Stock value:

€2,000

Related documents:

• 360 Photo

• More Information

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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