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Great Bar for sale

Asking Price £174,478
Turnover £91,000

Business overview

The bar has a large and airy summer terrace with a sea view. The bar has a total area of 400 sq.m. on two levels and a terrace with a sea view of 120 sq.m.
Furnished with lots of taste, solid wood bars, fully equipped kitchen, billiards and bar football, the bar is in perfect condition with an excellent reputation. Lighting control, a large music stage, 4 satellite systems with an option of broadcasting a huge number of sports channels with two large screens and 6 plasma TVs. WC, WC for disabled access, store room, office room and emergency exits qualifying all the legal requirements. The crowd is very international, and especially it consists of young people between 20 and 40 years old, depending on the live music, we have. There are also often celebrated birthdays or company parties. 10 years contract with a renewal option.

Business details

  • Property type
  • Net profit
  • Accomodation
  • Staff
  • Rent per annum

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Business description

Equipment:
1. Cuisine:
- Double refrigeration ;
- Freezer Nestle;
- Small freezer ;
- Metal tables - 4;
- Microwave - 2;
- Oven ;
- Dual chamber fryer ;
- Ribbed grill;
- Smooth grill;
- Gas hob – 2;
- Gas installation;
- Hood;
- Sink;
- Dishwasher;
All appliances except dishwasher are new with manufacturer's warranty .
2. Bar equipment:
- Professional music system;
- Speakers – 8;
- Projection System with 2 screens;
- Scene with percussion instruments, guitars and sound equipment;
- Coffee capsules Nespresso;
- Dishwasher;
- Coolers – 3;
- Refrigerator – 2;
- Fire alarm system;
- Cash Registers – 3;
- Freezer - 1;
- Plasma TV - 6;
- Cameras - 3;
- Internet with 2 routers ;
- Satellite systems - 4;
- Tables lower (interior) - 12;
- Tables high (interior) - 5;
- Chairs lower interior - 40;
- Chairs interior - high 15;
- Stools high interior and exterior - 10 . ;
- Tables terrace - 10;
- Chairs terrace - 40;
- Umbrellas - 5;
- Illuminated advertising system programming inscriptions
3. Toilets - 3 (One of the first floor adapted for disabled and 2 upstairs)
4. Locker for staff and musician
5. Warehouse
6. Office

Business location

Sports bar / live music restaurant (license 4B) in one of the most attractive tourist areas in Palma, first-line sea-front location!
Surrounded by offices, hotels and luxury residential buildings, the restaurant and bar provides an opportunity for all day (from 11:00 am to 5:00 am on the next day) and all year operation.

Sector specific information

  • License held
  • Number of covers (if applicable)
  • Trading hours
  • 'Tied' or 'Free of tie'

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