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Established Live Music Bar In Magaluf For Sale

Magaluf, Mallorca, Spain
Asking Price:
€85,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
On request
Net Profit:
On request

At Greenpoint Commerical Property we are thrilled to bring this famous live music bar to the market in the heart of Magaluf with the much sought after Cafe Concierto license allowing live music until 4am

The bar's interior boasts a modern and welcoming design, equipped with state-of-the-art sound and lighting systems, creating the perfect ambience for live performances. The spacious 120 sqm area allows for a comfortable setting, accommodating a sizable audience without compromising on comfort or quality as well as being fully soundproofed, with the ´cafe concerto´license you can pay live music until 4am every day.

The 70 sqm terrace offers an inviting outdoor space where guests can enjoy drinks and socialize while still being part of the vibrant musical experience. Perfect for warm summer evenings, it’s a hit with both locals and tourists alike.

The venue operates year-round, catering to both the lively tourist season and the local crowd. Known for its live music, the bar attracts a steady stream of patrons and has a loyal customer base. It is fully equipped with bar and kitchen facilities, offering strong potential for growth and increased profitability.

This exceptional business opportunity is competitively priced. For more details on pricing and to arrange a viewing, please contact us.

Property Information

Real Estate:

Lease

Lease Terms:

€1500 per month/10 year lease

Leasehold Rent:

€18,000 per annum

Location:

Magaluf

Premises Details:

120 sqm bar fully equipped with sound system

Business Operation

Expansion Potential:

Yes

Competition / Market:

Very little

Trading hours:

7 nights per week in Summer
4 nights per week in Winter

Employees:
2
Years established:
7

Other Information

Support & training:

A full handover will be provided as well as a large list of suitable bands

Furniture / Fixtures value:
€30,000 - included in the asking price
Inventory / Stock value:
€2,000 - included in the asking price