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Established Famous Bar In Magaluf For Sales

Magaluf, Mallorca, Spain
Freehold Price:
€1,000,000
Lease Asking Price:
€200,000
Sales Revenue:
€250K - €500K
Cash Flow:
Available on request

This is not just a bar it's practically a Magaluf Institution!
Located near the top of the famous Punta Ballena, this bar has been run by the same family for over 30 years but they have now decided its time to move on
The Bar/Resturant comes with the important Cafe Concierto license which means it can not only stay open to 4am every day, it can provide live music as well!
The Kitchen open at 9am serving English Breakfasts and snacks to the early birds as well as those on the home!
The Bar is on 3 levels, with a Bar upstairs with various TV's a DJ booth providing a wide selection of music as well as Karaoke
A games room on the next floor below which includes pool tables etc.
On the lower floor, there are the toilets, 2 very large store rooms as offices and a staff area.
This bar is highly rated across all social media!

Property Information

Real Estate:

Available as lease or with real property included

Location:

Centre of Magaluf's night life

Business Operation

Years established:
30

Other Information

Leasehold asking price:
€200,000

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