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Sea Front Bar / Cafe
Location Spain
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Illness.
Description A fabulous prime sea front location, to the right of a small plaza / square overlooking one of the beautiful beaches of this busy and classy resort. Passing trade directly from the main boulevard and hotels from visitors or local residents.
Prominent signage to the front and side with yellow awnings covering the whole terrace area if the sun gets too hot, and roll down blinds protect against the elements during the shorter winter months. TV with Sky, music equipment and fans.
Fully glazed frontage with folding doors, double width local with a total of 115m2 interior, arches and high ceilings, bar area to the left, WC's and storage room to the rear. Adequate seating of 40 inside plus another 25 comfortably on the terrace.
Adequately equipped kitchen area behind the bar with extractor fan, fryers, grill/plancha, microwaves, dish-washer, etc.
Known to trade all year through, but currently now closed due to unfortunate circumstances. Business was serving mainly drinks, coffee, cakes and a choice of easily prepared meals to a multi-national clientele including British, German, Dutch, Scandinavian, etc.
COMMENT:
Given the location, outlook and quality of the clientele, this bar would be a pleasure to own and work in, whether during the busy summer or more tranquil winter months.
RENT ON A 10 YEAR RENEWABLE LEASE: 1,200 ƒ,ª PRICE: 36,000 ƒ,ª Email or call Business Finder Mallorca on 0034971234543 for more information on this Sea Front Bar / Cafe for sale. We are a fully established commercial brokers in Spain, servicing Mallorca and Tenerife. We look forward to hearing from you.
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