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SELECTION: For sale, Palma, Palma City, Shop

Chain on Shops in Prime Mallorca City Locations

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Sales Price:
Currency convertor € 950,000
Rental Price:
Currency convertor € 5,800
Transaction:
For Sale/For Rent
Business Type:
Shop
Term:
0
Tenure:
Leasehold
Area:
Palma
Reference No.:
b3579
View:
NA
Location:
Palma City
Front line:
NA
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Reference No.: b3579
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Property Description

Set up by the owner 23 years ago he is now looking to retire and is offering someone the chance to take over a flourishing business with very high returns.
The sale includes the leasehold rights to 4 prime location shop units in prime touristic locations near to the cathedral in Palma. The businesses are open all year round, except for shop holiday period closures and are particularly busy throughout the summer months with the city filling up with visitors of all nationalities. They also benefit from tens of thousands of cruise ship visitors who flood into the city every week. In total there are 6 members of staff all well trained and experienced in sales. 
Three of the shops sell jewellery and the fourth unit is dedicated to souvenir t-shirts
The price includes approximately 250,000 Euros of stock.  The owner is willing to discuss financing the right purchaser over a period of time for half of the purchase price. 
 

Not for the faint hearted but certainly for someone looking to earn lots of money! This is an opportunity to take over a chain of prime location shops in the centre of Palma in an area where retail space is highly sought after and rarely available.

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