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Bar for Sale - Mallorca

Licensed Bar in a Prestigious Port Town of Mallorca Established in prime Port location
Location : Mallorca, Spain
Asking Price : £250,000
This popular and busy contemporary Bar was founded by the Vendors after they travelled to the area on holiday. This busy Port Town in Mallorca is a popular destination for the rich and famous and the Bar has become the venue of choice due to the substantial investment and innovative input from the Vendors. Since its opening the Bar has become a well known and respected destination venue with a reputation for the quality of its cocktail and drinks selection and stylish environment.

The Bar has a loyal following of both locals and regular visitors to the island. The Bar could also enjoy revenues from catering for parties and other special events.

This successful business offers customers an opportunity to spend time enjoying a discreet drink in a relaxed and stylish atmosphere, from a comprehensive menu of the highest quality beers and wines and impressive cocktail list. The bar has a late night music as well as dancing and karaoke.

This business has at this time significant scope for growth and an increase in revenues. This can be achieved for example by taking advantage of the current volume of custom and expanding the food offer through the bistro. The Bar also limits the current trading hours so an extension to this would also benefit the sales and profit.

The business is further supported by exemplary relations with key suppliers who have helped to ensure that customer service and product quality is never compromised and that customers receive the highest possible quality of service, this has lead to the existing high levels of return custom. This commitment to suppliers and customers has underpinned this business’s abilities in service quality and sustained business success.

Net Profit: £N/A

Turnover: £N/A

Asking Price: £250,000

Business Location: Spain

Business Type: Business for Sale

Business Sector: Hospitality & Catering

Ref: AC262



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