Business Summary
This large Mexican Restaurant has been in the same hands now for 6 years and during that time it has provided the owners with a very good living.
There are agreements in place with several tour operators to provide a set meal for their guests in return gives plenty of repeat custom to the restaurant.
To the front is a large terrace with 13 tables and 50 chairs, there is a full set of awnings providing shade for the lunchtime diners. Although not on the fist line, it can be easily seen due to the large illuminated signage.
Inside the main restaurant area of 100sqm are another 50 covers around various tables. No expense has been spared on the decor and this gives it a very authentic feel.
There is a well equipped kitchen and bar to the right of the entrance with stairs leading down to the second level, which is used for storage leading to the separate one bedroom accommodation this is also of 100sqm. There is also a separate entrance on this level that leads to the car park at the rear.
This restaurant due to its excellent reputation stays open for 11 months of the year. Another major plus is the 15 year lease available, giving the new owners plenty of time to recoup their investment.
The monthly rent although sounding a lot is actually all inclusive of bills, so no extra community, refuge, or water bills.
If you have ever wanted to run an easily managed restaurant that’s different from the norm, then this is it. Ready to go from day one and with a hand over from the current owner to ensure all goes smoothly, this is one that should not be missed.
Monthly Rental Price: €1,600
Freehold Price: €840,000
Property Details
Other Business Details
Business Location:
Magaluf, Calvià , Balearic Islands, Spain