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SELECTION: For sale, South West, Portals Nous, Restaurant

Successful Bar/Restaurant For Sale in Portals Nous, Mallorca

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Sales Price:
Currency convertor € 77,000
Rental Price:
Currency convertor € 2,000
For Sale/For Rent
Business Type:
10 years negotiable
South West
Reference No.:
Portals Nous
Front line:
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Reference No.: b3854
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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 well-known bar/restaurant is well situated on the main road through this lovely town and opposite a large and well-supported 4-star hotel. It has been open since 1977 and is popular with an international set of resident ex-pats, yachties and tourists alike, being close to the port as well as holiday and residential accommodation.
You approach the business via the ample terrace, which easily accommodates 28/30 customers. Inside is around 100m2 of air-conditioned space, traditionally decorated, which can comfortably seat a further 35 customers. The L-shaped bar is to one side of the premises, with the well-equipped kitchen to the rear. The male and female washrooms and a storage area are to the rear on the other side of the premises.
The current owners open the business from 18.00 – 12 midnight; however, the licence allows for opening from early morning to 4.00am and, most importantly, it allows for live music to be played – this in itself is a rare opportunity for a new owner. Traditionally, the restaurant is famous for its excellent meat and traditional Spanish/Mediterranean fare; however, there is plenty of scope to re-work the menu and introduce breakfasts and lunches and would lend itself perfectly to any type of international cuisine.
COMMENT: It is very rare to find businesses in this area and even rarer to find one of such quality at such a realistic price and we strongly recommend viewing, as this goldmine will not be long on the market!
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.

What a fantastic opportunity to acquire such a successful and long-running business in this prestigious area – and, to add to its appeal, this is busy all year round!

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