| Announcement |
317 |
| Type |
Selling |
| Sector |
Hotel & Restaurant |
| Location |
Spain |
| Price |
0.07 m EUR |
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Title
Cafe, Bar, Restaurant For Sale In Mallorca, Spain
Description
This reputable and successful café bar is located in a commercial center to the heart of this popular family resort. The business is currently open all year round, and has been run by a young chef couple for the last 4 years.
The café bar has an interior of 50m2 and a courtyard of 50m2 which allows alfresco dining and drinking in the summer. The interior has recently been renovated with new lighting, floor tiles and bar etc… The fully equipped kitchen is capable of producing top quality food.
The clientele is a mixture of residents and holiday home owners living as far as Palma who know of the business’ reputation, as well as the all year tourists.
Average takings of 150,000-200,000€ per year with an average profit of 90,000€ over the years. Tremendous scope to increase the turnover, due to our opening hours being only five evenings per week and currently no lunches.
This is a so called Trespasso, which means the sale of the business, with all the fittings, and a 10 year renewable lease. Asking price 69.000 Euro.
The business has made a very good profit. A second business forces reluctant sale.
A rare opportunity to acquire a well-known business in one of the most popular All year around, English speaking resorts on the island.
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Price Format
. = decimal delimiter; m = million
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URL to this document
http://www.cosmotorg.net/ant.php?id=317
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Announcer
Name: Martin Sveen
Email: info@hotelsonboronat.com
Phone: +34 670 411 146
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Send message to Announcer
Subject: Announcement 317
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Cosmotorg is an open marketplace. Cosmotorg Team strives for high quality and availability on the marketplace,
but gives no guarantees for the identity of the announcers or the content of the announcements.
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About Sevanco (Cosmotorg Sponsor)
Sevanco is an expert in strategic solutions : investment, strategic alliance, new business, change of ownership, business development and brokerage.
Our services include analysis, strategy, consulting, management, marketing, research, valuation, negotiation, agreement, due diligence, transaction and closure.
We also have a network of partners with top expertise in law, tax and other areas.
Contact us to find out what we can do for you.
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