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Bar And Restaurant In Palma For Sale

Palma, Mallorca
Asking Price:
€79,000
Sales Revenue:
€100K - €250K
Cash Flow:
Available on request

If you are looking for a Bar/Resturant that has a good frontline location and a 12 month year around trade then look no further.

The business is situated just a 2 min walk from the lovely Portoxiol Marina as well as being a front line location on on Palma's beach.

The business has been decorated a high standard and comes with an amazing terrace with seating for 50+ on a popular walkway. It is also in front of the new Conference Centre here in Mallorca so can easily guarantee a 12 month trade.

With an excellent equipped kitchen and a huge amount of storage you can provide any type of food from snacks to a full a la carte menu

The business has a greta mix of locals and tourists and this year they started selling artisan ice cream which was a great profit area.

The business offers a great opportunity for a 12 month year business.

Property information

Real Estate:

Lease

Leasehold Rent:

€18,000 per annum

Location:

Central

Premises Details:

A Bar restaurant with seating for over 70 people

Size in square feet:
182m

Business Operation

Expansion Potential:

Increase Menu choices, open longer hours

Competition / Market:

Very little

Trading hours:

The business could trade easily between 7am-12pm midnight

Employees:
2
Years established:
3

Other Information

Support & training:

The owners will assist with any handover

Furniture / Fixtures value:
€20,000
Inventory / Stock value:
€5,000

Contact Information

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