Profitable restaurant close to the sea in Palma de Mallorca, offering approximately 1,800 m² of combined indoor and outdoor space, annual turnover of up to €2 million and a large terrace with strong potential for events and private functions.
Recently renovated using high-quality materials, the restaurant is fully equipped and ready to operate. The business specialises in modernised traditional Spanish cuisine and attracts both regular and new customers, with a loyal clientele continuing through the low season.
The premises combine approximately 200 m² of indoor restaurant space with an exceptional 1,600 m² terrace incorporating covered, glazed and uncovered areas. This versatile configuration supports restaurant service alongside private events, celebrations and different dining or entertainment concepts.
The restaurant trades throughout the day, serving breakfast, lunch, dinner and cocktails, supported by a team of 20 employees.
Annual turnover reaches up to €2 million. The business is available by transfer for €478,000, including furniture and fixtures, and will be transferred free of debt.
The substantial terrace and flexible layout provide further opportunities to develop private events, weddings, corporate functions, themed dining, takeaway and delivery services, hotel partnerships, catering and additional food and beverage concepts.
The current owner can remain for an agreed period to provide a smooth handover and introduce the incoming owner to the operation.
