Bar Restaurant in Monaco For Sale

Business description

Just off main high street and near both ports in the heart of monaco.asking price,700,000euros.Tax free country.Live music and late licence.lease until 2012 renewable.rent 800euros per month.ex-pat bar, built in stone and wood,living room style.very cosy.large kitchen fully equiped

Property information

Real Estate:

Lease

Lease terms:

lease terms are classic 3/6/9 meaning automaticly renewed every 9 years.lease is up for renewal in 2012

Location:

Just off main highstreet.main road to train station,3 hotels in ficinity,access to both main ports.

Other information

Expansion potential:

The street where the bar is situated will become a walking street with possability of a terrasse.kitchen is not used at the moment and a massive potential to do food as there are many shops around the area.

Competition / Market:

no big competition,

Support & training:

will be happy to help understand monaco business

Reasons for selling:

husband has job offer in housten,texas.

Trading hours:

5pm-3am

Financing available:

300,000euros will be a loan from the seller without interest over a period of 7yrs .

Furniture / Fixtures value:

$300,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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