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#Business ID: 13109

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Business With A Definite Character

Business Location: Can Pastilla, Palma, Balearic Islands, Spain

Asking Price: € 66,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

This business has moved lock stock and barrel within the past 18 months directly across the road to its new premises, but has still taken its individual character and atmosphere with it.

The current owner has been on the Island for the past 16 years and is know by both the local community at large and holidaymakers who return to the Can Pastilla area on regular visits.

After 16 years he is now looking to downsize to a smaller more manageable business for a more ‘One man band’ operation.

The internal size is approx 140sqm inclusive of the kitchen area and can easily cater for 100 customers, working hours are the same all year round being 1pm – 4pm for Lunchtime trade and 8pm till Close, the clientele are 80% British with 10% German & 10% Spanish with the regular holiday makers that return to the area, but in the main it is the local community that frequent the Bistro.

A large bar is situated with the premises and an extensive range of wines, spirits etc will be included within the purchase, the seating is a complete mixture of furnishings, which gives it its unique character and atmosphere. It is air-conditioned, and supplemented with floor standing fans, there is also a stage are for the occasional parties that are held in the premises, with a CD player, amp, & Six Speakers there is ample opportunity to entertain clientele with a range of music or alternatively SKY can be seen on the large TV.

The current owner states that Winter is very busy for lunchtimes taking 800 euros per day and when entertainment is supplied average takings are 1000 – 1200 euros per day.

This business taken on either as leasehold or freehold can offer the right purchasers an opportunity to take on an established business and import their own character and ideas to develop it to its real potential – If you believe you have the experience to develop this business then it could be for you!

The current owner is prepared to accept 35,000 Euros for Leasehold but he will take ALL furniture out of the premises.

Monthly Rental Price: €700

Property Details

Property Type:

Lease

Other Business Details

Business Location:

Can Pastilla, 07610 Palma, Balearic Islands, Spain

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