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Great Little Off License In Illetas For Sale

Illetas, Mallorca, Spain
Asking Price:
€28,000
Turnover:
€100K - €250K
Net Profit:
€50K - €100K

We are happy to bring this great little business to the market which has been established and managed by the current owners for 39 years

This shop provides a wide range of food and drinks tourists and locals with plenty of scope to increase the food side of the business

The Shop itself is nice size 40 sqm Inside and has a great terrace of 25 sqm

The shop has a great turnover and is incredibly profitable making in excess of 60K a year

The Shop is 40 sqm Inside and has a great terrace of 25 sqm

Surrounded by Hotels that are Half Board, there is very little competition and he is the go-to for people wanting a bottle of wine, water, crisps or a little gift whilst on holiday

The running costs are very low at just 550 euros/month this shop is a little gold mine

There is a good potential to increase the turnover by providing a greater range of takeaway food

The premised has CCTV and Air conditioning

The owners after a successful 39 years are looking to step down and for are looking for someone else to keep this great little business going!

Property Information

Real Estate:

Lease

Lease Terms:

10 year rolling contract

Leasehold Rent:

€7,000 per annum

Location:

South West Mallorca

Premises Details:

Retail Space

Business Operation

Expansion Potential:

Lots of scope to modernise the business/shop

Employees:
2
Years established:
39

Contact Information

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