Hotel Shop For Sale

Business description

Shop situation within one of the Major Hotels in Magaluf has become available due to current owners wishing to retire from this business.

A very successful shop within this hotel that offers a variety of goods and services for the visitors to this hotel, which is one of the few hotels that remains open 12 months of the year.

The shop opens during the summer season 9am – 9pm daily and during the winter months 9am – 1pm and 5pm – 9pm, so this is not a difficult business to run for a couple.

The shop offers a complete range of items for the beach during the summer period, beach balls, blow up beds, beach clothing etc, toiletries, novelties, jewellery, stamps, official phone cards, tea, coffee, etc.

They also hire out kettles, fans, hairdryers, wheelchairs for those who have chosen not to bring their own with them, plus small fridges for the rooms.

There is ample storage for the stock in an under the stairs storage area, plus further storage on floor level under the shelves.

Stock is easily replaced, either from the warehouses in Palma or via the reps that call round on a regular basis. The owners will work alongside the new owners ensuring that there is a complete handover of all suppliers and introductions to the hotel Manger and staff.

This really is an easy business to run and would suit a more mature couple who are looking for something to do that is not too onerous.

Note: Stock will be sold at Valuation at time of sale and is not included in the purchase price.

Property information

Real Estate:

Lease

Lease terms:

Leasehold: €56,000 - Monthly Rental: €1,329