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#Business ID: 19037

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Bar / Cafe Only 20 Meters From Beach

Business Location: Can Pastilla, 07610 Palma, Balearic Islands, Spain

Asking Price: € 95,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

This ‘Coffee Shop’ is located just off of the main boulevard that runs for 6kms in the SW of the Island and is directly beside one of the largest car parks and has a large Hotel right beside it.

The current owners have run this more as a ‘Coffee Shop’ than bar, although it of course offers all the beers, wines and spirits a normal bar would offer and has a comprehensive Menu that caters for the multinational cliental which use this establishment

The bar is very tastefully decorated throughout and has a very ‘warm welcoming atmosphere’ when entering, the current clientele is in the main Spanish, German and the British who both live and visit on holiday and the same with the Scandinavians who both live and visit on holiday, all in all a complete range of nationalities use this premises as a place to stop and meet with old friends and chat and watch the world go by!

There is comfortable seating around 12 tables on the twin terrace areas, internally there is the same amount of tables with seating for 48 plus 8 bar stools, there is a good size kitchen off the bar from which small snacks or main meals can be prepared.

This business is in fact 2 locals joined together, but could be separated if required as both have a kitchen area.

This bar is currently operating under a cafe-bar license. Opening Hours are currently 8.30am till approx midnight, dependent on time of year.

A real bonus for this business is the lock up of 50 sqm that is only 20 meters away Of course the bar could be turned into a Tapas bar, Sports bar, Music Bar, etc, solely dependent on any new owners, but it is certainly working well in its current format, so the old adage is, ‘If it’s not broken, don’t fix it’ This is an opportunity for a couple to take this tasteful bar and develop it further within the facilities it offers in the lower area and turn it into its true potential.

The leasehold price in our opinion offers new owners a great opportunity to take on a totally refurbished unit without needing to do anything other than open and trade from day one!

Monthly Rental Price: €15,000

Property Details

Property Type:

Lease

Other Business Details

Business Location:

Can Pastilla, 07610 Palma, Balearic Islands, Spain

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