Restaurant For Sale

Business description

Comments:
A spotlessly clean and superbly equipped and furnished business with large terrace located in the heart of Mallorca's most popular British resort between the biggest discotheque in the area and an enormous hotel/apartment complex. Outstanding earnings record over a number of years and extremely good value at the asking price.

Current Operation:
Pictures cannot do justice to this immaculate and well-equipped establishment. Trading at the present only in the summer season, the business has a prime location next to an English hotel in the heart of this popular resort. Seating twenty people inside and a further eighty on the terrace, with the addition of a takeaway counter to the side of the main restaurant ensures this business is always busy. However, the best feature of this restaurant is the kitchen which is superbly equipped, all the appliances being stainless steel and of a commercial standard. The following equipment is included in the sale, firstly in the bar 1 bottle cooler, 1 coffee machine and grinder, 1 good quality hi-fi system, 1 video recorder, 4 colour televisions, 1 satellite dish ( no decoder), 1 electronic cash register, 22 tables, 68 cane chairs, 6 bar stools, 3 ceiling fans, 1 ice cream display fridge, 1 double stainless steel sink unit, and two half tiled public washrooms. The kitchen equipment consists of 1 six door fridge, 1 four door fridge, 1 two door meat fridge, 3 chest freezers, 4 microwaves, 1 six burner stove and oven, 1 large plancha, 1 medium plancha, 4 fryers, 1 meat slicer, 1 grill, 1 bain marie, 3 toasters, 1 extractor unit, 6 stainless steel worktables, a staff wash basin and a new charcoal grill. To the rear of the kitchen area is a storeroom containing: 1 double electric plate warmer, 1 ceiling fan, 3 metal storage racks, and one large stainless steel sink unit. Next to the storeroom is a staff toilet and shower room which also houses a safe deposit box. The takeaway area comprises of: 1 large takeaway unit with hotplate, 1 ceiling fan, and ten storage units.

Notes:
A must see business for any serious buyer. It has a great location and is immaculately presented and spotlessly clean. New owners would be able to start trading instantly and the joys of owning/running a business of this standard would be obvious. The owners’ reason for selling is simply to pursue other interests.

Premises Dimensions:
Inside: 150 Sq. metres
Outside: 75 Sq. metres

Finance:
There is no reason to presume that new owners could fail to make healthy profits from this business, the current owner boasts takings of up to £1000 per day in the summer. This is one of those businesses that the more you put in the more you get out. The menu caters mainly for British guests and is full and varied but could be added to to increase earnings.

Rent:
£1,140 per month

Asking Price:
€175500

Property information

Real Estate:

Lease

Location:

The premises are situated just off the main street and literally around the corner from the biggest night club/disco on the island in Mallorca’s busiest and most popular British holiday resort. Hotels and apartments that cater mainly for British tourists surround the restaurant.

Contact the seller