We are a company that is currently selling his bar at the core of Madrid town due to not being able of taking care because partners have other businesses. Business up and running. Most customers are tourists. Over 7 years of contract left. Nice landlords. Opportunity of growing business with kitchen (we have the kitchen but not running) and making events (we don´t do many right now). We also open at 7pm and business have license for opening from morning if desire.
- Asking Price:
- €200,000 Furniture / Fixtures and Inventory / Stock included
- Turnover:
- €350,000
- Net Profit:
- €45,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
7.5 yeras left
- Location:
-
Prime location at the core of Madrid center
- Premises Details:
-
A bar with 3 floors,2 for the paublic and the basement for production of drinks, staff room, and storage.
- Size in square feet:
- 165m2
Business Operation
- Expansion Potential:
-
The bar has kitchen that is not running and also the possibility of having lots of events.
- Competition / Market:
-
A very unique product within hospitality. Cocktail at a great scale is our main product.
- Reasons for selling:
-
Owners have other businesses and can not take care of business as desire. Thats why there is a great margin for growing the actual business.
- Trading hours:
-
Mon/Thu 7.00-02.00
Fri/Sat 7.00-02.30
Sun 7.00-02.00
License form 10 am so business can be extended.
- Employees:
- 4
- Years established:
- 7.5
Other Information
- Support & training:
-
We offer a month of business transition from one of the owners (work along buyers) if desire for new buyers
- Inventory / Stock value:
- €10,000 - included in the asking price
