Very Profitable Cafe Bar In Playa Blanca For Sale

Business description

LIVE THE DREAM!! - This is one of the few opportunities where you can make a good living whilst being able to live the lifestyle out here in Lanzarote. This popular Cafe/bar is open just 8 hours a day from 9am providing everything from full breakfasts to snacks and even fresh cream cakes.

The café itself is on the main walkway and is situated in a square that is starting to look like a food court with a tapas restaurant opposite, a Spanish snack restaurant next door and a pizzeria and grill in the corner. The businesses complement each other and bring various trade and much footfall.

The café offers freshly made sandwiches, baguettes, jacket potatoes and salads to eat in or take-away (cool bag rental available for the beach), coupled with fresh fruit juices and fruit smoothies this brand new café is fastly becoming the healthy alternative place to eat breakfasts and lunches. The café also doubles as a cake shop and has fresh pastries and cakes served all day with different hot drinks.

Built specifically as a fast-turnover operation the equipment, build, electrics, furniture and installation are all completely brand new and come with relevant guarantees.

The unit itself totals a massive 108m2 with 36m2 of floor space on the main floor and a 16m2 terrace to provide for the eat in trade. Downstairs there is a further 72m2 which has been separated in to separate male and female toilets and also a baby-changing room (there is no other within the centre or at the beach). Also downstairs there are 2 storage rooms, the first room is used as storage for stock and includes fridges and freezers, the second room was originally an ice-cream production room and is some 24m2 of tiled space that could be easily changed in to a bakery or kitchen if new owners were interested in outside catering or baking their own cakes.

Property information

Real Estate:

Lease

Lease terms:

Lease term of 5 years with the above amount including retention tax

Leasehold rent:

€18,000 per annum

Location:

Located in the resort of Playa Blanca just a minutes walk from the beach, close to nearby apartment complexes and hotels.

Size in square feet:

108

Business Operation

Reasons for selling:

Family reasons

Trading hours:

9am - 5pm although can open from 6am - 2am if the owners wanted

Employees:

1

Years established:

6

Other information

Furniture / Fixtures value:

€45,000

Inventory / Stock value:

€5,000