Music Bar Disco Business For Sale

Business description

Comments:
An easy to run music bar in very busy location on one of the main strips of Mallorca's most popular British resort. A walk in and trade opportonity with late night music license and almost guaranteed to give high earnings in this location. There is a kitchen not being used at present but that could be opened for preparation of snacks and light meals. Bars of this type and location rarely come on the market and at this asking price the business is an absolute bargain.

Current Operation:
This popular bar with a coveted late night music licence currently trades for eight months of the year, but could conceivably trade all year, providing drinks and musical entertainment to the hordes of British tourist that flock to what is the most popular British resort on the island every summer. The business is entered from the street and has a front terrace, which can seat 33 people on cane chairs, part of which has a permanent roof with the rest having a canvas awning above. There are pull down side and front awnings ensuring that the terrace can be fully enclosed in inclement weather and also enabling it to be used in winter months. There is a large colour television linked to the satellite system situated on the terrace. A double door entrance leads into the main bar where the décor theme is ancient Egyptian with murals and friezes adorning the mock sandstone walls and with various appropriate artefacts and prints. Upholstered bench seating and bar chairs can accommodate a further 30 people inside, where there are four colour televisions and a good sound system along with various ceiling mounted disco effect lights around the bar. The bar has a laminated top with good storage behind and comes equipped with two bottle coolers, beer dispensing equipment, and coffee machine with grinder, electronic cash register, chilled bottle display cabinet and double sink unit. To one end of the bar is the music system with twin compact disc players, amplifier and mixing desk. Two tiled and presentable public washrooms are situated at the rear of the bar. To one side of the bar is a room that was once used as a kitchen and still includes griddle, microwave, food slicer, fridge, stainless steel worktable and double sink unit. At the rear of the premises there is an uncovered courtyard used for storage purposes.

Notes:
A fantastic opportunity to acquire a top quality up and running bar in this much sought after busy resort. With bags of potential to increase trade and income, this business would ideally suit a couple or even a single operator with staff and represents fantastic value for money.

Premises Dimensions:
Inside: 55 Sq. metres
Outside: 45 Sq. metres

Finance:
The asking price for this business is exceptional considering the location and the general quality of the business itself. Rental and running costs are also average and the business could easily become a little goldmine.

Rent:
£12,850 per annum

Asking Price:
€105975

Property information

Real Estate:

Lease

Location:

The business is located on one of the principal entertainment streets in this bustling resort that is well renowned for its nightlife, amongst other bars and restaurants and directly opposite one of the premier discotheques on the island. Being near the centre of the resort there are obviously many hotels and apartment blocks in the near vicinity to the business and the wide sandy beach is just a couple of minutes away. The resort has been popular with younger British tourists who visit mainly for the nightlife and also families who visit for the beaches and the abundance of other tourist attractions in the local area.

Contact the seller