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Bar And Cafe In Magaluf For Sale

Magaluf, Mallorca
Asking Price:
€330,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

This is a fantastic opportunity to own one of the popular pubs in the resort of Magaluf. We are delighted to have this long established, excellently run business on our books. This is the first time this busy popular pub has been available for purchase in 35 years! The same owner has invested a huge amount of his time and money into this long serving, extremely popular pub in Magaluf.
This is a once in a lifetime opportunity to own a business where all the hard work has been done for you, everything you could want is in place, including Sky TV, pool table, football table, gambling machines, cigarette machine, well-equipped kitchen, fantastic music system and decks and of course, the most important local trade and returning clientele who make a beeline for this pub year after year.

The clientele is 90% British and the current owner opens from March through to November. There is demand from the locals to open all year as there are not many bars open in Magaluf in the winter, and the many locals do need somewhere to go.
The spacious interior is approximately 110m2 and with a pleasant, well-kept decor, which houses the popular kitchen where food is served all day through the opening hours of 08.00 until 04.00, along with an office, toilets and an ample store room. There is also the possibility of utilising another storage unit, away from the bar, through separate negotiation with the owner.
The signage on the exterior of this bar is recognisable from afar and you are greeted with an enormous terrace approximately the same size as the interior which houses 100 chairs and 20 tables. Even more fantastic, there is no terrace tax payable on this property - imagine just how busy this bar gets! COMMENT: Early viewing is highly recommended, as we are expecting to get inundated with offers. Be quick or you may miss out.
Our multi-lingual staff would be delighted to show you the premises and guide you through every step of the buying process, free of charge to you as a potential buyer.

Property information

Real Estate:

Lease

Lease Terms:

10 years negotiable

Contact Information

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