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Great Business Opportunity Established Sports Bar For Sale

Puerto Del Carmen, Lanzarote
Asking Price:
€165,000
Sales Revenue:
€275,000
Cash Flow:
Under €50K

We are pleased to offer the Transfer of Lease (Traspaso) of this very busy and popular sports bar in the Old Town of Puerto del Carmen. The bar comes fully fitted and equipped. The premises can accommodate 100 under licence and is open from 10am to late everyday. Completely refurbished in 2017 this bar offers plenty of sporting entertainment from a high tech system using 9 TV's being able to play 6 sporting events simultaneously and also a pool table outside. The bar has an extensive food menu to choose from offering the pub grub everyone loves from fish and chips to pizza.

The bar itself is centrally located inside to be able to serve from all angles making easier for the people to order with plenty of beer on tap. The style is a more modern Pub making it inviting to all and is family friendly.

The kitchen fully equipped and big enough to handle the demand and not forgetting there is a small office and disabled access toilets.

Viewing is highly recommended, financial details available at the time of the viewing.

Property information

Real Estate:

Lease

Lease Terms:

5 years and renewable

Leasehold Rent:

€19,000 per annum

Location:

Old town puerto del Carmen

Premises Details:

Leasehold premises

Business Operation

Trading hours:

10.30pm to 2am

Employees:
6
Years established:
2

Other Information

Support & training:

Full help in handing over the business

Furniture / Fixtures value:
€50,000

Contact Information

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