RESTAURANTE for sale

           Santa Catalina

           Palma de Mallorca

About This Property

Unique Location in the well known Santa Catalina neighborhood. One of the most bohemian, cosmopolitan and charming neighborhoods in Palma de Mallorca. It is an emblematic area, with a modern and casual appearance, with a varied offer both culturally and gastronomically, a condition that makes it very attractive for tourists. In addition, it is located in an area close to the center of Palma, so it can be easily reached on foot and through the multiple connections offered by public transport.

It is also a place with a long history behind it (it was once a fishing district) where you can enjoy local products from its markets and restaurants. It is also possible to go shopping, since there are sophisticated and modern stores where you can buy decorative objects, clothing, records and even vintage aesthetic furniture.

General information

Organization

Corporation

Year established

2010

Current Owners

2013

Employees

20 – Full time,  10 – Part time

Operating hours

5 days 12-3 am

Reason for sale

Cashing out

Facilities

Sealing

Up to 300 people

Surface – M2 

327

Parking Options

Public Parking

Licenses

Health Permit, Liquour & Food Licens

Disclaimer: The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, ARCO-Partners SL has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

LEASE

Monthly rent

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Expiration

10/2031

Yearly adjustment

3%

Option

5 years

Deposit

2 months

Financials

Asking price

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Revenue

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Cash flow

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Payroll

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Inventory

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FF & E

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Financing

Down payment

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All cash

Call for price

Note Balance

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Term of Note

5 years

Disclaimer: The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, ARCO-Partners SL has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

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