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Unique And Highly Profitable Food And Beverage Business For Sale

Palma, Mallorca, Spain
Asking Price:
€1,000,000
Turnover:
€2,500,000
Net Profit:
Available on request

At Green Point Commerical we are pleas to bring this Exclusive Business opportunity to the market.

The business itself has a number of revenue streams which enables it to take over €2.5m per year with plenty of room to expand the business the forecast for this year was more than €3m due to the events planned throughout the year

The main part of the business is the food and beverage side which is serviced a very popular restaurant and bar serving over 500 customers per day.

There is a large private car park which itself can generate enough money to cover the cost of the rent of the space

Around the business, there are also several office spaces which comes with tenants providing additional revenue

The business is very popular with event planners and can be used from everything from weddings to car rallies

The business is centrally located in Palma with an incredibly large footfall and is open 12 months per year.

This business a rare opportunity to acquire a unique and incredibly profitable business. The price is to purchase the management company of this concession. The S.L company can provide fully audited accounts for the last 3 years and is currently eligible to borrow over €500,000 in government assistance due to Covid and an interest rate of just 1%

Please note this is a highly confidential sale, all enquiries will need to sign an NDA and provide proof of funds on the request of the owner

Property Information

Real Estate:

Lease

Leasehold Rent:

€220,000 per annum

Location:

Palma

Business Operation

Employees:
30

Contact Information

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