Starter Drinks Only Bar Puerto Del Carmen For Sale

Business description

This small Irish owned drinks only pub is situated in the exclusive area of Matagorda in Puerto Del Carmen. Run as a family business with the family from Dublin this small pub with just 29 seats gives a very personal welcome to their local and repeat customer trade.

Originally a small bookies bar, hence the name Gee Gees, the current owners over the past 4 years have kept the sport and racing but have focused on a much more family approach to the business and don’t have the bookies anymore. The owners family approach means no food and no loud music – as they say they don’t want to sit in a pub smelling fried food all day and they want their customers to be able to talk to each other without the need to shout. Having said that though they are renowned for a good sing-along with their family fun.

Being on the South of the commercial centre their terrace is a fantastic sun trap and is popular with many tourists coming off the beach mid-afternoon to relax with a cool drink and catch up on the days news, sports results or even some of the big games. The commercial centre is linked to the fantastic seafront promenade that reaches now from Arrecife through to Puerto Calero and is a busy thoroughfare throughout the day with many locals and tourists using it as the easiest way to get about in the resort on foot or bike.

Property information

Real Estate:

Lease

Lease terms:

A new five year renewable lease is available with the purchase of the traspaso.

Location:

The commercial centre is surrounded by a good mix of villas and hotels, the villas are made up of nearly a 50/50 split of local residents (many being British & Irish) and also tourist holiday villas some used by the main holiday companies in the UK & Ireland. With family owned holiday villas the owners can even get to know all members of some families.

Other information

Support & training:

The owners are ready to help in anyway new owners will need during the transfer of the bar.

Reasons for selling:

Made a good profit out of it during their lease term and so want to be able to go home more often.

Trading hours:

2pm - 2am

Furniture / Fixtures value:

€5,000 (included in the asking price)

Inventory / Stock value:

€750 (included in the asking price)