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Ca'n Picafort - Bar / Cafe / Fun Pub
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Ref: Finder 2542
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Area: North
Tenure: Leasehold
Term: 6 Yrs Renewable
Rent: € 11,000 per Year
(approx £ 7,557)
Price: £ 60,000
(approx € 87,333)
Other:
With a low rent and overheads net profit should be around 40%.
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Family ‘Bar / Café / Fun Pub’ (with karaoke option) in a good situation close to the beach in a pedestrian area with plenty of passing trade day and night.
The street is the venue to many craft stalls during the summer months, making it the busiest in the area during the evenings.
The premises are approx 80m2, and with a terrace to the front seating 25 people. After 9:00pm when the precinct closes a further 15 chairs can be added.
Complete bar and galley kitchen with stainless steel appliances. Cloakrooms, store room and cellar downstairs.
Equipment includes a karaoke machine, amplifiers and speakers, mixing disc, satellite system, big screen TV, 4 other TV’s, pool table, 2 XBox consoles with games plus 2 TV’s for the kids.
The owners report gross takings of approx 145,000€ over a 7 month season (April - October) but with options to open winter weekends as well. With a low rent and overheads net profit should be around 40%. The bar currently attracts mainly British family tourists.
COMMENT:
Easy to run, proven starter business. Ready to take over today.
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