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Luxury Cocktail Bar Located On Paseo Maritmo For Sale

Palma, Mallorca, Spain
Asking Price:
€300,000 Furniture / Fixtures included
Turnover:
€500K - €1M
Net Profit:
Undisclosed

At Green Point Commercial Property we are excited to bring this highly profitable luxury cocktail bar exclusively, situated at the heart of Palma´s nightlife.

Located on the prestigious Paseo Marítimo in Palma de Mallorca, this luxury cocktail bar is a rare opportunity to own a premier nightlife venue in one of Europe’s most vibrant and cosmopolitan cities. Renowned for its dynamic nightlife and international appeal, Palma attracts a sophisticated crowd of worldwide residents, tourists, and the yachting community.

This stylish bar is ideally situated in the heart of the city’s nightlife district, surrounded by exclusive nightclubs and fine dining establishments. Spanning 80 square meters, the venue has been professionally designed to an exceptional standard, creating a chic and inviting atmosphere. Fully equipped with a state-of-the-art bar, it offers the perfect setting to craft and serve an extensive range of premium cocktails.

The space provides seating for over 100+ guests, including a VIP area for an added touch of exclusivity. A 20-square-meter terrace offers a prime location for early evening patrons to unwind while enjoying breathtaking sunset views over the superyachts across the promenade.

Licensed to operate until 4 a.m. every night, this bar is perfectly positioned to capitalize on Palma’s thriving nightlife scene. Its central location and strong reputation attract a diverse, international clientele, ensuring consistent business throughout the year.

This is an exceptional investment opportunity to own a well-established and highly regarded cocktail bar in one of Palma’s most sought-after locations.

Property Information

Real Estate:

Lease

Lease Terms:

10 year lease

Leasehold Rent:

€24,000 per annum

Location:

Paseo Maritmo Palma

Premises Details:

Luxury Cocktail bar 80sqm with 20sqm Terrace

Business Operation

Reasons for selling:

Genuine reason for selling

Trading hours:

8pm - 4am

Employees:
2 - 8 depedent on time of year
Years established:
10

Other Information

Support & training:

Full handover will be provided

Furniture / Fixtures value:
€50,000 - included in the asking price
Inventory / Stock value:
€10,000