Well Established Pool Bar In Costa Teguise Lanzarote For Sale

Business description

This well established pool bar and restaurant has an amazing position just set back from one of the beaches in Costa Teguise. Situated on a residential or owner-rental (many holiday bookings) complex it has the benefit of local trade, tourist trade and also any walk past or beach trade that wants to use the facilities.

The pool (which is heated and great for winter trade) is also open to the public and so the bar and restaurant can do well throughout the year with the different trades keeping it busy throughout the day.

The restaurant is well recognised as it was under ownership for many years with the previous owners that opened througout the day and the evening. Currently the owners are only opening in the day (due to personal reasons) and there is opportunity for new owners to use the licence further and open in the evenings offering the full restaurant menu if they wished.

With a large premises offering both inside and outside dining, a heated pool, many different trades this is a fantastic opportunity with great earning potential to the right buyer.

Property information

Real Estate:

Real Property Included

Location:

Situated only 100m from the beach in the heart of Costa Teguise and in front of the heated pool this bar has a great catchment area. The business is well established and has good repeat customers.

Size in square feet:

150

Business Operation

Trading hours:

9am - 12am

Employees:

2

Years established:

7

Other information

Furniture / Fixtures value:

€325,000 (included in the asking price)

Inventory / Stock value:

€5,000