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.
