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Profitable Restaurant In Palma For Sale

Palma, Mallorca, Spain
Asking Price:
€250K - €500K
Turnover:
€2,000,000
Net Profit:
€250K - €500K

Discover this unique opportunity in Palma!

With an annual turnover of nearly 2 million euros.

We present to you a restaurant located just off the seafront, a solid project created with exquisite taste, charm, and sophistication.

Freshly renovated with high-quality materials, this space offers an unparalleled gastronomic experience. Located in a privileged coastal area of Palma, close to high-end residences, it attracts a demanding and diverse clientele, both local and tourist.

With a kitchen that blends Spanish tradition with modern touches, the restaurant has gained renown on the island. Its 200 m2 interior and spacious 1,600 m2 terrace, partially covered, provide a cozy and versatile environment for breakfast, lunch, dinner, and cocktails throughout the day.

This space offers multiple exploitation possibilities due to its size. The different areas can be used separately or the enclosed terrace can be utilized for exclusive events, ensuring additional revenue.

With minimal fixed expenses, this is an exceptional business opportunity. The transfer price is 439 thousand euros, and the monthly rent is 2,500 euros.

Don't miss the chance to be part of this successful venture! Contact us for more details and visual information about this business, we look forward to hearing from you!

*The images shown do not reference the business that is for sale for privacy reasons.*

Property Information

Location:

Palma de Mallorca city, next to the sea.

Size in square feet:
1,800

Business Operation

Expansion Potential:

The space features different areas: an indoor space of 200 m2 and a large terrace of 1,600 m2 with both open and covered sections, both with ample capacity.

Ideal for taking over the business and continuing to operate it.

Due to the spacious layout, you can operate the areas separately and/or dedicate the large enclosed (glassed-in) terrace for events.