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Fantastic Family Bar In Magaluf For Sale

Magaluf, Mallorca, Spain
Asking Price:
€130,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€250K - €500K
Net Profit:
€50K - €100K

At Greenpoint Commercial, we are pleased to bring this highly profitable Family Bar to the market. As Magaluf is transforming into a family-friendly resort, this bar is perfect for those wanting to have a successful business in one of the most popular resorts in Europe

A fantastic family bar located in the heart of Magaluf, directly outside one of the largest family hotels in the area. This well-established business boasts a spacious terrace accommodating up to 100 guests, offering a welcoming atmosphere for locals and tourists. The bar features a kids' play area, pool table, and darts, making it a popular destination for families during the day and local patrons during the winter months when it opens in the evenings only.

The bar offers a wide selection of drinks and cocktails, alongside a fully equipped kitchen that serves a menu of classic English pub food, which has become a favourite among regulars. Sunday lunches are especially popular, with up to 150 weekly covers sold. Entertainment is provided nightly, adding to the vibrant atmosphere.

Currently run by a husband-and-wife team, the bar has recently undergone refurbishment and offers a low monthly rent of just €1,300. This venue is open year-round and enjoys steady business throughout the winter, making it a popular gathering spot for regulars. This is a unique opportunity to acquire a thriving business with excellent potential for continued success.

This is a highly successful business and perfect for a couple looking for a new life in Mallorca

Property Information

Real Estate:

Lease

Lease Terms:

10 year Lease

Leasehold Rent:

€13,000 per annum

Location:

Magaluf

Premises Details:

Large Family bar with huge terrace

Business Operation

Reasons for selling:

Genuine Reason for Sale

Trading hours:

Mon - Sat 5pm till Late

Sunday 11am - Late

Employees:
3
Years established:
2

Other Information

Support & training:

A full handover with be provided, introducing to all suppliers etc

Furniture / Fixtures value:
€30,000 - included in the asking price
Inventory / Stock value:
€3,000 - included in the asking price