Comments:
Super music bar in Mallorca's most popular British resort. Close to the area's top night spot on very busy street with huge volumes of passing trade during the summer season. Easy to run and ready to walk in and trade being a rare opportunity in this much sought after area.
Current Operation:
This lively disco/karaoke bar operates for seven months of the year on one of the busiest streets, in the most popular British resort on the island, serving drinks and bar snacks and providing music and karaoke, with a resident disc jockey, to the many thousands of mainly British tourists that visit the resort each year. The business is entered at street level and has a good sized sunny terrace, part of which is shaded by a permanent roof. The terrace can accommodate 34 people seated on new wicker style chairs with a two seat wooden framed sofa and two matching easy chairs on the covered part of the terrace. A double door entrance leads into the air conditioned main bar area where the décor is of a tropical theme with bamboo used extensively over the bar, ceiling and on the walls. Inside the emphasis is on dancing and karaoke and there is seating for only 12 people on bar stools at the bar, several ceiling mounted effect lights create the disco atmosphere on the dance floor. Two wall mounted colour televisions, both with satellite system and also connected to the karaoke system along with a quiz machine are provided for the entertainment of customers. To the rear of the bar there are two tiled, modern public washrooms and a storeroom. The bar itself has good storage and comes fully equipped with three bottle coolers, beer dispensing equipment, electronic cash register, water boiler, chilled bottle display cabinet, small chest freezer and sink unit. Alongside the bar is the music booth, which has recently had £2,500 worth of new equipment installed including twin record decks, mixing desk, twin compact disc players, karaoke machine, noise limiter, amplifier, a 32 channel graphic equalizer, dvd player, video player and two radio microphones. The bar has a full smoke extraction system and pull down metal security shutters to the front of the premises.
Notes:
A magnificent opportunity to purchase a top quality music bar in an enviable location, in this exiting and vibrant resort. The business can easily be run by a couple or small family, with some staff perhaps in the height of the summer season. Businesses of this quality and location do not come onto the market in this resort often and an early viewing is recommended.
Premises Dimensions:
Inside: 45 Sq. metres
Outside: 30 Sq. metres
Finance:
Initially a serious investment, but one that with the correct application should prove to be a very profitable one indeed. Any business is this location is a potential gold mine.
Rent:
£830 per month
Asking Price:
€148500
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