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#Business ID: 13545

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Very Busy Music / Karaoke Bar Freehold

Business Location: Es Canar, Ibiza, Balearic Islands, Spain

Asking Price: € 240,000 Revenue: € under 100k Cash Flow: not disclosed

[Furniture / Fixtures and Inventory / Stock included]
[Real Estate Included]

Business Summary

FOR SALE

CAFE CONCIERTO BAR IN ES CANA IBIZA

THIS IS A UNIQUE OPPORTUNITY TO BUY A WELL ESTABLISHED BAR THAT HAS BEEN RUN BY THE SAME FAMILY FOR THE PAST 30 YEARS HENCE IT HAS A LARGE FOLLOWING OR REGULAR CUSTOMERS WHO RETURN EVERY YEAR.

THE BAR IS 90M SQUARE FULLY FURNISHED AND EQUIPPED. IT HAS THE FEATURES AND THEME OF A TYPICAL ENGLISH PUB .

THIS BAR HOLDS A CAFE CONCIERTO LICENCE WHICH IS A UNIQUE LICENCE THAT INVOLVED A FULL REFORM NINE YEARS AGO WHICH INCLUDED SOUND PROOFING WHICH ENABLES MUSIC/ENTERTAINMENT/KARAOKE/DISCO UNTIL 6 A.M. THIS LICENCE IS ONE OF ONLY 6 IN THE RESORT OF ES CANA HENCE ALLOWING MORE LEGAL ENTERTAINMENT ACTIVITIES TO BE CARRIED OUT AS OPPOSED TO A LICENCE YOU WOULD RECIEVE WITH A NORMAL BAR ALLOWING YOU TO PLAY BACKGROUND MUSIC UNTIL MIDNIGHT.

IT IS NOT AN EASY LICENCE TO OBTAIN HENCE IT MAKES IT A VERY IMPORTANT SELLING POINT AS PERMISSIONS WOULD NOT BE
OBTAINED TO REFORM A NORMAL BAR.

THE PROPERTY IS FREEHOLD AS OPPOSSED TO MANY LEASEHOLD BARS FOR SALE WHICH STILL ENTAILS RENT TO BE PAID AND ALSO NEVER BEING THE OWNER OF THE PROPERTY.

ON A PERSONAL NOTE WE HAVE HAD 15 HAPPY AND SUCCESSFUL YEARS IN THIS BAR AND ONLY FAMILY MATTERS AND LOOKING TO RETIREMENT HAVE FORCED A DECISION TO CHANGE OUR CIRCUMSTANCES.

AT THE MOMENT OUR THEME FOR THE BAR IS KARAOKE AND 50'S AND 60'S MUSIC BUT THE POTENTIAL OF THE LICENCE WOULD ALLOW ANYONE TO CHANGE THAT THEME , AS IT COULD BE A DISCO PUB FOR EXAMPLE IF DESIRED SO.

THIS SALE CAN APPEAL TO A WIDER MARKET.

DONT MISS THIS OPPORTUNITY AS IT IS A GREAT LITTLE BAR THAT WILL GIVE YOU THE CHANCE OF A SUCCESSFUL LIFE IN SPAIN
PRICE IS £198,000 pounds or same in euros OPEN TO OFFERS.

Property Details

Size:

90 sq mtrs

Years Established:

40

Property Type:

Real

Other Business Details

Business Location:

the bar is in a walkway 4 minutes from the beach

Premise Details:

fully fitted and ready to work with beer coolers, bottle coolers, freezers, sky tv, karaoke system, music system.

Business Operation Details

Employees:

3-Feb

Trading Hours:

8pm till very late

Miscellaneous Details

Reason For Selling:

retirement

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