Buy a REDUCED Superb All Year Round Evening Bar For Sale business for sale in Mallorca, Nr Palma on BusinessesForSale.com

  • Advert ID: 568015
  • (Seller ref: Finder 2907)

REDUCED Superb All Year Round Evening Bar For Sale


Location:
Category:
Asking price:
€67,000
Sales revenue:
< €500k
Net profit:
< €250k


Super stylish and almost new, stylish chill-out ‘Lounge + evening bar’, situated on a busy main road with no direct competition and opposite a year round opening 5 star hotel. Currently serving a popular variety of fresh cocktails to a mainly British clientele.

Reformed to a high standard including new electrics, décor, furnishings and bathrooms, conforming to all regulations. The decoration and atmosphere is unique to the region offering gentle lighting, easy listening music, quality drinks, cocktail and snacks.

Approximately 150m2 floor area with double glazed entrance to the front with a small welcome terrace with a couple of stools. Cream tiling throughout, bank seating with cushions, neutral and earth colours, sofa area and leather floor seats, VIP zone.

Long impressive bar, wood topped and fully equipped with cocktail station, preparation tops, stands, fridges etc.. To the end of the bar is a storage area, previously a kitchen with an extraction unit and so could easily be reinstalled.

Although the bar offers a TV free area, it is possible to get a satellite connection, in addition the area is ideal to promote pool and dart league games to carry on through the winter. Total seating for up to 45 customers.

In addition to British clients the business benefits for other international clientele plus a vast majority of local residents, business people, and guests from the 5 star hotel. Note also that Palma City’s waterfront with its yacht marinas is close by. All year round business.

COMMENT:

Completely reformed to a good standard, turn-key operation, trading consistently now in the hands of a young couple, happy to work evenings only, with the added option to add days especially throughout summer offering more of a snack style plus coffee menu.


Real Estate:
Lease
Lease terms:
10 years renewable lease
Rent: 900€ Monthly:(approx £630)

Furniture / Fixtures value:
€40,000

For more information about this business for sale, click the Contact Seller button.

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