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SELECTION: For sale, South East, Bar/Cafe

South East - Cafe / Bar REDUCED

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Sales Price:
Currency convertor € 79,000
Rental Price:
Currency convertor € 22,000
For Sale/For Rent
Business Type:
5 Years Renewable
Reference No.:
South East
Front line:
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Reference No.: b3135
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For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures according to your needs.


Property Description

Situated in a prominent corner location, visible from all directions with hotels and apartments close by. Operating successfully during the summer period (April - Oct) it can hold in excess of 200 people for the all major sports events. There is a very large terrace that spans 120m2 and can seat 80+ people at 19 tables, while inside there is further seating for 50+ at tables and bar stools. Quality seating both inside and outside on cane/wicker design chairs with soft cushions designed for both comfort and practicality. The sports events can be viewed from 9 TV Screens, 7 of which are at least 25€ and a further 2 of 44€ so for the short and long sighted they will be able to see clearly, subject to the amount of alcohol drunk of course! There are plenty of games for the smaller children an assortment of rides and other machines to keep them interested, allowing the parents to enjoy the evening knowing the children are within sight and easy reach. For the slightly older 'kids' there are two pool tables and an air hockey table to keep them occupied, The current owners report turnover in the region of €165,000. This would be an ideal opportunity for a couple to take on and run, earning from day one. The current owner would offer a hand over period to ensure a smooth takeover of the business.

The current owners have run this large Café/Bar for the past 7 years and turning it into one of the most successful of its kind in the Cala Egos resort.

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