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Bar In Torremolinos
Location: Spain -> Torremolinos
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Excellent opportunity to purchase a very well established and profitable bar located within a few minutes´ walk from the beach and benefits from a huge local trade. Two major Sol hotels are within very close proximity. The bar was established by the current owner in 2003 and has decided to retire.

The bar offers a highly vibrant atmosphere and offers a very reasonable interior of 46m2 with seating for up to 24 people. There is an additional seating on the terrace which is 22m2. The current owner is trading from 12pm to 2am and the new owners are free to extend these trading hours to maximise of turnover potential.

The compact kitchen serves traditional British pub food as well as Sunday roast. This is a successful operating business that is ready to be handed over to the new owner and will generate good returns from day 1. The current owner is selling due to retirement.

This is a leasehold sale and the rent is very low for the area and helps to provide even greater return on investment for the new owners. This is definitely an opportunity that you cannot afford to miss.

Operating since 2003 by current owner
Lively bar with street terrace
Very good foot fall


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2003
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned




Print Listing Id: 700357269
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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