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MAGALUF SPORTS BAR & CAFE

Magaluf, Spain
€14,000

Details

Fantastic Sports Bar / Café surrounded by apartments and large holiday complexes offering all day and night passing trade. Open year round this really is a big business opportunity. A rare find !

A really popular and Café Bar / Café  business in an excellent location enjoying passing trade day and night with 8 large hotels surrounding the south facing terrace. As featured on ITV 2 AND BBC 3

The interior measures approximately 90 square metres with further seating outside on the large sunny terrace. Total seating to the interior and terrace for 95 people, doctor plus additional seating at the bar and ample dance area. There is a long L shaped bar leading to the DJ cabin which is equipped with an impressive sound system, MP3 films, limiter, Karaoke system etc…

Specialist satellite system worth over £12,000 allowing 15 different programmes to be screened on the 15 different Plasma TV’s! 2 large projectors including full satellite system showing all main sporting events and pool table. The decor is beautiful and stylish and the bar is air conditioned throughout.

Compact yet well-equipped kitchen with quality appliances, including 5 microwaves, fryers, griddle, pizza oven, 2 fridges, freezer. Good quality cloakrooms and storeroom.

Opening hours from 8am until 4am, with 5 members of staff including the owner. A fantastic bar menu already catering for breakfast, lunch, evening meals and snacks, with full cocktail drinks menu with no direct similar competition.

A well-equipped adjoining Games Arcade is a great cash earner and attracts children, teenagers and families.
COMMENTS:

Note the low low rent!!! Unbelievable for such a big business, this really  is a must see opportunity!

A true gem of a find currently a bar/cafe with good all year round trade opportunity. Extremely low rent is also very appealing and long lease period.

For a shrewd business person this is a no brainer as all the development of the surrounding area to 4 more 5 star hotels and a shopping complex. This will be snapped up quickly.

The owner is retiring due to ill health which can be proven with supporting medical documentation should this be required. A handover period is however available should this be required.

Viewing of this business is strictly by appointment with this office so please contact us today.

  • Location: Magaluf, Balearic Islands 
  • Property or Business Type: Late Night Music Bar 
  • Leasehold Price: €140,000 
  • Monthly Rental Price: €2,100 
  • Ref. Code:1014–21MA 
  • ID: 3436
  • Published: 8th April 2019
  • Last Update: 8th April 2019
  • Views: 59