Bar In San Pedro Pinatar

  • €299,000
San Pedro del Pinatar, Campo de Cartagena y Mar Menor, Region of Murcia, 30740, Spain
Sold Sold
Bar In San Pedro Pinatar
San Pedro del Pinatar, Campo de Cartagena y Mar Menor, Region of Murcia, 30740, Spain
  • €299,000

Description

Consistent Year-Round Patronage

Substantial Six-Figure Net Profit

Prime Location

Premium Bar Establishment

Private Mortgage Offered by Owner over 10 Years

An outstanding opportunity presents itself to acquire the leasehold, with an optional freehold purchase, of this well-established and highly lucrative bar. Positioned in a prime location on the outskirts of a sprawling urban development, just minutes away from the coastline and the center of San Pedro, this bar enjoys immense popularity among a diverse clientele, including British, Spanish, Scandinavian, and other European nationals, thanks to its strategic location.

Having operated for 13 successful years, the current owners have consistently elevated turnover and profits, establishing it as the premier sports bar in the area. Boasting five live football systems broadcasting all Premiership and European matches, along with a variety of other live sports events, the establishment draws patrons year-round. A recent investment of €45,000 in soundproofing ensures a pleasant atmosphere for late-night music and entertainment, complemented by top-notch furnishings and amenities valued at over €100,000, including air conditioning units, a fully equipped kitchen, seating, televisions, and a pool table.

Renowned for its delectable daily menu, the bar experiences peak attendance on Sundays, with regulars and newcomers flocking for the popular Sunday lunch. Additionally, the establishment hosts various weekly and monthly events such as poker nights, pool leagues, and a golf society.

This unique opportunity allows for immediate entry into a thriving bar business just before the peak summer season. The current owners are willing to facilitate a three-month transition period to ensure a seamless handover, with six contracted staff members already proficient in the bar’s operations.

Financial details are available upon execution of a non-disclosure agreement and scheduling of a serious business viewing.

Rent: €2,000 per month Lease: Rolling 5-Year Term

Private mortgage offered by the owner over a 10-year period.

  • City San Pedro del Pinatar
  • State/county Murcia
  • Area Costa Blanca South
  • Country Spain

Details

Updated on April 25, 2024 at 10:27 pm
  • Property ID: BIZCBS6505LF
  • Price: €299,000
  • Property Size: 120 sqft
  • Land Area: 80 sqft
  • Bedroom: 0
  • Bathroom: 0
  • Property Type: Bar, Bars and Restaurants
  • Property Status: Sold

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Property details are supplied by the property owner and are a guide only. All details should be verified with the owner and we recommend using legal representation when purchasing any business.

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