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SELECTION: For sale, Palma, Palma City, Bar/Cafe

Quirky little bar in one of the trendiest areas of Palma For Sale

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Sales Price:
Currency convertor € 40,000
Rental Price:
Currency convertor € 685
For Sale/For Rent
Business Type:
6 years
Reference No.:
Palma City
Front line:
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Reference No.: b3577
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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

This bar has been run by the two owners alone for the past two years and the only reason for sale is that they want something bigger! The licence is ‘bar con musica’, so they can officially play music up to 80 decibels. With a fully air-conditioned area of around 40m2, they can accommodate 50 people comfortably. Whilst they do not serve food, there is the capacity to offer snacks prepared behind the bar such as sandwiches, paninis, tapas etc.
Very much an evening bar, they open every day and all year from around 10pm to 2.00/3.00 am and have a mainly Spanish clientele, with more of an international mix of tourists and ‘yachties’ in the summer.
The bar itself is well equipped with drinks fridges, glass washer, electronic till etc, has a number of bar stools along the length of it and male and female washrooms to the rear.
Outside, being on a busy main street, there is a pull-up ‘table’ where further bar stools can be placed.
COMMENT: This is an easily run starter bar and the business could be further improved by developing a ‘tapas’ style menu for the loyal and returning clientele.

Our multi-lingual staff would be delighted to show you the premises and guide you through the buying process, free of charge to you as a potential buyer.

Located right in the heart of one of the trendiest parts of the city, this quirky little bar oozes atmosphere – even when empty!

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