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Fully Licensed Live Music Bar For Sale

Magaluf, Mallorca
Asking Price:
€49,500
Turnover:
Under €100K
Net Profit:
Under €50K

Available for trasspassa/lease
One of the few remaining fully licensed Live music Bars available to rent. Situated in a newly developed area of Magaluf the bar has been recently refurbished and has a lot to offer. It has 2 separate music licenses, one for the terrace and one for the inside. Due to the high standard of sound insulation the inside limit is well above 90db.
Electrical safety certificates are up to date and comply to current regulations.
Comes fully functioning and ready to go with all equipment including :
2 new limiters (purchased in 2018)
2 Amps
Full high quality sound system and cables (incl new music desk and 10 speakers)
Office equipment including computer purchased 2018
Company car

Moving on due to change in personal circumstances. Any more info please don’t hesitate to contact me.

Property information

Real Estate:

Lease

Lease Terms:

10 year renewable lease. 1,200€ p/month

Location:

Newly developed street in up and coming area

Premises Details:

Double local with internal capacity of 74 people

Business Operation

Reasons for selling:

Selling due to change in personal circumstances

Trading hours:

4pm till 4am

Other Information

Inventory / Stock value:
€15,000

Contact Information

    1. Your Address

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