The team of Green Point Commercial is very proud to bring to the market this well-known and highly successful restaurant located in the most exclusive area of Palma.
This fantastic restaurant is superbly located in a very trendy neighbourhood of Palma, popular among tourists and local residents all year round.
The restaurant currently provides modern concept, focusing on wide International food and a great variety of drinks and cocktails, which makes it stand out among all other restaurants in the area. Indeed, due to its fantastic location, this restaurant would be suitable for any type of cuisine.
The interior accommodates around 70-90 guests, but what really makes this place very successful is the terrace which is incredibly popular in summer. There is also an opportunity to obtain a license for the second outdoor terrace.
The restaurant has a perfect brand new kitchen, suitable for providing a wide range of high-quality cuisine from around the world.
The business operates all year round, closing just for a short break for regular venue maintenance and/or minor reforms.
The restaurant has a fantastic rating on Google and outstanding reviews in the major travel platforms and current owners are willing to sell traspaso only, as well as the whole business with its unique concept, positioning and fully trained personnel.
It’s a rare opportunity that a restaurant of this size and highly reasonable rent of €2,450 / month comes to the market. Get in contact with Green Point Commercial for more details.
- Asking Price:
- €160,000 Furniture / Fixtures included
- Turnover:
- €250K - €500K
- Net Profit:
- €100K - €250K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
10 years
- Leasehold Rent:
-
€30,000 per annum
- Location:
-
Palma de Mallorca
- Premises Details:
-
Approx 100 sqm plus additional terrace
Business Operation
- Trading hours:
-
6 nights per week
- Employees:
- 6
- Years established:
- 3 years
Other Information
- Support & training:
-
Full Handover Available