- Advert ID: 656188
- (Seller ref: CO-659)
Karaoke Bar in Torviscas For Sale
- Location:
-
- Spain
- > Canary Islands
- > Tenerife
- > Torviscas, Tenerife.
- Category:
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Summary
- Asking price:
- €5,000 (Furniture / Fixtures included)
- Sales revenue:
- < €500k
- Net profit:
- < €250k
- Business closed / Asset sale:
- Yes
- Years established:
- 4 years
- Employees:
- This is a family run bar.
Business description
A well established family run karaoke bar. This bar was purpose built 4 years ago and has been soundproofed and double glazed according to Town Hall specifications. There is also a certificate for the rewiring of the bar to meet EU regulations, air-conditioning and a disabled toilet.
A new owner would have all the technical equipment necessary including computer system, with 18,000 karaoke tracks, 4,000 videos, bingo quizzes and gameshows. There is a video system for recording the singers and playing back their efforts live on the TV screens!
Over the years the owners have built up an established clientele of tourists and residents. This is an easy to run, very profitable bar and would be an excellent buy for a working family.The bar is currently closed as the owners have taken retirement thus the bar is available at a give away price.
Property information
- Real Estate:
- Lease
- Lease terms:
- A monthly rent of 2,300 euros is payable.
A bond of 16,000 euros is required by the landlord.
Other information
- Reasons for selling:
- Retirement
- Trading hours:
- Open from 4pm every day except Sunday when they close
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- Spain
- > Canary Islands
- > Tenerife
- > Torviscas, Tenerife.
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