- Advert ID: 415308
- (Seller ref: CO-408)
Los Cristianos Profitable Bar For Sale
- Location:
-
- Spain
- > Canary Islands
- > Tenerife
- > Tenerife
- Category:
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Summary
- Asking price:
- €110,000
- Sales revenue:
- Available on request
- Net profit:
- Available on request
- Years established:
- 10 years
- Employees:
- 3 full time staff & 1 part time. Owner's don't work.
Business description
An established, traditional British bar that has been making serious money for the present owners for the past 10 years. Situated in a busy tourist area near Los Cristianos harbour, the bar has lots of repeat tourist custom as well as a loyal ex-pat following. The bar serves a limited snack menu at lunch times. There is the opportunity of expanding the food side of the business by installing a larger kitchen in the cellar which extends underneath the entire bar. The freehold is also available to purchase.
Property information
- Real Estate:
- Lease
- Lease terms:
- Monthly rent of 4,000 Euros.
- Location:
- Prime location in the centre of town.
Other information
- Expansion potential:
- Provide a better menu.
- Support & training:
- Full support & training will be given during a reasonable hand-over period.
- Reasons for selling:
- retirement.
- Trading hours:
- 10.30am till 2am
- Financing available:
- A mortgage may be available on the freehold
- Website:
- www.cmltenerife.com
Contact the seller
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- Spain
- > Canary Islands
- > Tenerife
- > Tenerife
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