Music Bar And Disco In Torrenova For Sale

Business description

Comments:
Top quality business in the most sought after resort on the island with bags of potential for expansion. Only people wishing to make serious money should view.

Current Operation:
This large busy bar at the present trades only eight months of the year serving drinks and a varied hot and cold snack and light meal menu, to mainly British tourists that flock to this resort each year and also to the large resident population. The business is entered from the street and has a large covered front and side terrace capable of seating 50 people on cane chairs, also on the terrace are two wall mounted colour televisions connected to a satellite system and a pool table. A double door entrance leads into the fully air conditioned main bar area which is decorated in terracotta with wooden panelling to half the walls, seating here for a further 30 people on bar stools and upholstered bench seating. Three further wall mounted colour televisions with satellite connection, quiz machine and another pool table are provided for the entertainment of customers. At one end of the bar is a purpose built dj booth with amplifier, twin cd player, video player, graphic equalizer, dvd player, satellite digibox, and noise limiter. The bar has a solid wood top and has good storage behind, comes complete with beer dispensing equipment, coffee machine with grinder, chest freezer, bottle coolers, electronic cash register and sink unit. A food preparation room located behind the main bar contains griddle, extraction unit, fryer, two microwaves, sandwich toaster, chest freezer, stainless steel work tables and sink unit. At one end of the bar is a large storage area and two fully tiled public washrooms.

Notes:
This is a large, quality business that would suit a couple or small family with perhaps some licensed trade knowledge. The location is good and there is the potential to increase trade and profibility if desired. A serious investment, with serious money making possibilities.

Premises Dimensions:
Inside: 100 Sq. metres
Outside: 80 Sq. metres

Finance:
This is a top quality money making business and this is reflected in the asking price. Running costs are average for the type of business and with the correct operating methods being used, should not prove to be a problem for new owners.

Rent:
£2500 per month

Asking Price:
€222750

Property information

Real Estate:

Lease

Location:

The business is located on a busy street in the centre of what is the busiest resort on the island, amongst other bars, restaurants and shops. Several hotels and apartment complexes are in the near vicinity of the business, as are some of the top nightclubs on the island. The wide sandy beach is only a couple of minutes walk from the business and there are a couple of top tourist attractions nearby.

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