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Great Value Freehold Bar In South West Mallorca For Sale

South West Mallorca, Mallorca, Spain
Asking Price:
€225,000
Turnover:
Available on request
Net Profit:
€50K - €100K

The team of Green Point Commercial is excited to bring on the market this great bar, located in the popular southwest resort of Mallorca.
This southwest coast resort is home to large family hotels and numerous private houses and apartments.

The bar is located in a frontline apartment building, therefore the business has a great mix of local residents and holiday-makers. Just next to the bar there are a few 3-4 star hotels and apartment residences. Thanks to its superb location, this bar has a very good trade.

The business itself has been operated by the current owners for the last 33 years, and due to their hospitality and customer service, has acquired an excellent reputation, outstanding ranking in Tripadvisor, and very high rating in Google.

The bar features approx. 60 sqm inside and comes with an amazing 40 sqm covered terrace. With both interior and the outdoor, it provides approx. 50 seats. Its lovely decorated and well-maintained space has a charming bar, tables with chairs, 2 large TV screens, male/females toilets, and small storage.
The bar has also side storage with fridges and a separate entrance, which is spacious enough to be converted to the kitchen.

Being a frontline elevated location the windows at the back of the bar open up to the breathtaking sea views over the bay of this very popular resort.

The terrace has automatic awnings for shade during summer days. In addition to Cafe / Bar license.

The deal includes another shared storage, located on the ground floor of the apartment building, perfect for any kind of storage, customer luggage, or any other needs.

This bar with a fantastic location offers a great opportunity for a 12 month year business.

Property Information

Real Estate:

Real Property Included

Location:

South West Mallorca

Business Operation

Reasons for selling:

Retirement

Employees:
1-2
Years established:
33