MergerPlace

Freehold Bar In San Pedro Del Pinatar

San Pedro Del Pinatar, Spain


  • Asking Price: $482,924
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #224665
  • Established: 2011
  • Employees:

Business Description

A fantastic opportunity to purchase the freehold of this well established and highly profitable bar or the leasehold with an option to purchase if desired.

The bar is located in an excellent spot on the edge of a large urbanization and just minutes from the coast and center of San Pedro. It is very popular with all nationalities including British, Spanish, Scandinavian and other European nationalities due to the location.

Since opening ​9​ years ago the current owners have increased turnover and profits year on year and it the only official sports bar of its type in the area making it extremely popular all year round.

There are 5 live football systems that feature every Premiership and European matches plus all live sports. There is also fantastic sounds system in place for live entertainment and the business has a full, legal music license.

45,000 Euros was recently spent on sound proofing the bar meaning that noise is kept to a minimum and music can be played until late with no problems.

Internally the furnishings and holdings are worth over 100,000 Euros and features include air conditioning units, fully equipped and fitted kitchen, chairs, tables, pool table, televisions and an ice machine.

The bar is well known for its superb daily food menu and is extremely popular on Sundays with regulars and new visitors attending for Sunday lunch.

There are regular weekly and monthly events such as poker nights, pool league and a golf society.

This is a unique opportunity to purchase and walk right into a thriving bar establishment right before the main summer season – the current owners are willing to assist with a 3 month handover period to assure a smooth transition and there are currently 6 contracted staff who understand the full workings of the bar.

Financial information is available upon signing a non disclosure agreement and upon arranging a serious viewing of the business.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Spain
Metropolitan Area: San Pedro Del Pinatar

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $482,924
Seller Financing Available: No

Property Information

Competition:

This is a unique opportunity to purchase and walk right into a thriving bar establishment right before the main summer season - the current owners are willing to assist with a 3 month handover period to assure a smooth transition and there are currently 6 contracted staff who understand the full workings of the bar.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Rick Brown

MergersCorp M&A International