Seafront Sports Bar & Cafe In Altea For Sale

Business description

This big Seafront Bar/Cafe has a split personality! By day it serves good food and refreshing drinks on its spacious garden terrace to people strolling along the promenade, and at night it becomes a real locals Sports Bar, with Pool and Darts Teams in the league and football (and other sports) on the 4 large TV screens. It also has regular Karaoke Nights and even Live Bands playing music up to midnight, providing a good range of entertainments to keep the customers coming back! Daytime Tuesdays trade is particularly manic, when Altea hosts the biggest street Market on the coast all year round - so much so that the owner/chef has to take Wednesdays off to recover! Established over 7 years, this Seafront Bar/Cafe has amazingly low overheads - rent just €1.200 per month, terrace tax only €352 per year and no community charges - and easily produces enough net income to keep two families, the owner will share his private books with serious buyers once they have viewed the business. At this price it is aggressively below its true value and worth serious consideration.

Property information

Real Estate:

Lease

Lease terms:

Ten year renewable lease

Living accommodation:

There are plenty of properties to buy or rent within easy walking distance of this busy sports bar.

Location:

Prime Seafront Location with plenty of passing trade.

Premises details:

Very spacious inside with plenty of seating and tables. This is an excellent fitted out sports bar.

Other information

Competition / Market:

Limited competition

Support & training:

Full training available