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Selling For Retirement Bar For Sale

Santa Ponsa , Mallorca
Asking Price:
Sales Revenue:
Available on request
Cash Flow:
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This is a very viable business situated in an area which is a mixture of residential and tourist providing a very good local client base which is enhanced by tourists in the season.

The current owners (same for the last 7 years) presently trade from April to October opening at 10.00am and closing around 3.00 am. After 10.00pm they have the use of the terrace in front of the supermarket next door which enables them to provide further exterior seating totalling 5 tables and 36 chairs under cover of an awning.

Internally there is fitted bench seating for 30 people in a cosy bar with separate, elevated, sectioned off areas around a long bar which is equipped with 3 bar stools, 2 large drinks chillers and a till. There is also a coffee machine and fridge in the kitchen area. There is also a very useful storage area

Entertainment is provided by a CD player, amplifier, Sky and Via digital satellite systems and a video player connected to 6 quality speakers and 2 televisions (1 of which is a very large screen). There is also a pool table (on a 50/50 split)

Climate control is provided by an air conditioning unit plus 5 floor fans.

Many tourists return year after year which along with the length of time the present owners have been trading is a good indicator of the potential of the business. It is also very popular with the locals a lot of whom come to see the soaps on TV. This bar also has a performing rights licence (costing 112€/month).

Property information

Lease Terms:

Leasehold: €153,600 - Monthly Rental: €1,200

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