Music Bar In Magaluf For Sale

Business description

Huge ‘Music Bar & Terrace’ business with a world renowned name and sporting theme - this is an immense business in the summer months! Add to this a full ‘Cafe Concierto’ - live music licence until 4am and its been established a whopping 20 years with the same owner - what more can we say??? The location is to the heart of the resort, suitably positioned for the best of the day and night trade, being steps from the beach front and surrounds by hotels, apartments and other bars, shops and thriving businesses. This is the place to be for sports events, afternoon drinks to cool off from the beach plus at night a fabulous place for late night party revelers.
Large interior of approximately 250 square metres which is fully soundproofed to comply with the latest noise regulations. Large bar to the rear running the length the inside, DJ booth with all the latest sounds and equipment.
There are 16 flat screen and big screen TVs, air-conditioning systems, bottle coolers, fridges & freezers everywhere, pool tables, football table, etc, etc. Far to much to mention here.
There is separate storage facing onto part of front terrace that could be converted into a kitchen if required (previously there, ideal option as a Takeway to make ever more money!!)
There is a large terrace of approximately 150 square metres which enjoys all day sun although there is shade for those who prefer it. Combined capacity in and out approx 400 people.
Figures available to serious individuals upon meeting in person.
COMMENT:
A big, big business not for the faint hearted, although the seller says it’s quite easy to run with the right staff in place. He is willing to stay on to help the new purchaser settle in, organise staff.
The asking price is 390,000 Euros OIRO

Property information

Real Estate:

Lease

Lease terms:

Indefinate