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SELECTION: For sale, Magaluf, Music Bars/Discos

Large Successful Cafe Concierto Bar/Cafe For Sale in Magaluf Mallorca

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Sales Price:
Currency convertor € 149,000
Rental Price:
Currency convertor € 1,000
For Sale/For Rent
Business Type:
Music Bars/Discos
10 years negotiable
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Reference No.: b3986bs
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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

In the heart of the resort and surrounded by hotels and holiday apartments, as well as other bars and shops, there is constant footfall day and night. With a large terrace of around 80m2 and a total inside space of approximately 180m2, this business operates well with a staff of between 3 and 5 people, depending on the time of year – and this bar/café is trading all year round!
You approach the premises via steps down onto the terrace and, once through the double doors, you will find a generous and well-equipped bar to one side of the air-conditioned interior. Tables and chairs are set out down each side, with a recently reformed stage area as a focal point at the far end. There are male and female washrooms and plenty of storage space.
From the beginning of April to the end of October, the business opens from 10.00am to 4.00am every day of the week, with reduced hours and days during the rest of the year. Not only does the business serve a wide variety of drinks, but it hosts bingo and karaoke nights along with live music shows, having that rare thing, a music (Cafe Concierto) licence.
The clientele range from international tourists to local workers, residents and ex-pats and from families and couples to large groups, such is the universal attraction.
COMMENT: The groundwork has been laid many years ago and we believe a family or couple with energy and experience in the hospitality trade (and a few staff) would continue to build on the success of the past 10+ years.
Our multi-lingual staff would be delighted to discuss the proposition in more detail and guide you through every step of the buying process, free of charge to you as a potential purchaser.

After successfully running this famous Café Concierto bar for over 10 years, the owner has decided it’s time for retirement and we’re very pleased to be able to offer it for sale in this ever-evolving part of the Southwest.

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