At Greenpoint Commercial, we are delighted to bring to the market this highly established and exceptionally popular live music and karaoke bar in Santa Ponsa, offered as a freehold sale at the highly attractive price of just €250,000.
This represents a particularly unusual opportunity to acquire the freehold of an established nightlife venue in one of Mallorca’s most popular resorts, combining the property and operating business in one transaction.
The venue is regarded as one of Santa Ponsa’s most popular nighttime haunts and has been successfully operated by the same team for more than 30 years. The current owners are now retiring, creating a rare opportunity for a new owner to take over a well-established business with an excellent reputation, loyal clientele and a proven trading history.
The premises extend to approximately 120 sqm and are fully fitted and equipped for immediate operation. The business is particularly well known for its hugely popular karaoke and live music, creating a lively atmosphere and strong evening and late-night trade.
A major advantage is the Café Concierto licence, allowing the venue to remain open until 4:00am and to provide live music and entertainment. This provides considerable flexibility for late-night trading and is a highly desirable licence for this type of business.
The premises also benefit from a fully equipped kitchen, ideal for preparing and heating snacks to complement the drinks and entertainment offering, with further potential for a new owner to develop the food side of the business if desired.
During the high season, the business operates with a team of four, two of whom are the current owners. This means there is scope for a new owner to restructure the staffing operation according to their own requirements, while benefiting from an established team already familiar with the business.
There is also considerable potential for the premises to be adapted or repositioned as a late-night nightclub or alternative entertainment venue, subject of course to any necessary licences, permissions and regulatory requirements. The existing late-night licence, established location and entertainment-focused layout provide an excellent foundation for a new concept.
The freehold is being offered at just €250,000, making this an exceptionally interesting proposition for anyone looking to acquire both a property and an established hospitality business in Santa Ponsa. Opportunities to purchase freehold nightlife premises at this price point, particularly with more than 30 years of continuous operation by the same owners, are rarely available.
The current owners are now retiring after more than three decades at the venue, presenting a genuine opportunity for a new operator to take over an established business, continue its successful karaoke and live music format or explore a new late-night entertainment concept.
The sale is being offered on a confidential basis due to the ongoing operation of the business. Further information will be made available to genuinely interested parties following an initial confidential discussion.
