€ 1,850,000
Commercial for sale in Palma de Mallorca, Mallorca
- 357 m2
Description
Offered for transfer through strictly off-market management, a consolidated restaurant located in a premium beachfront and seaside location, in a privileged spot facing the sea, within one of the most attractive gastronomic areas for both residents and international visitors.
The establishment features a modern and recognizable image, spacious indoor areas, a bar space, and various environments dedicated to food service, as well as an indoor terrace and an outdoor terrace, one of the main differential values of the business.
It is currently operational and fully functioning, with an approximate annual turnover of €2,000,000, offering an interesting opportunity for operators in the hospitality sector, restaurant groups, or investors looking to acquire a consolidated business in a location that is hard to replicate.
The lease agreement currently has approximately 10 years remaining, with a monthly rent of €7,500, and there is also the possibility of negotiation for its future continuity.
Among its main characteristics are:
- Exceptional location on the beachfront
- Business currently in operation
- Approximate annual turnover of €2,000,000
- Approximate operating profit of €400,000
- Spacious indoor dining area
- Fully integrated bar in the establishment
- Indoor and outdoor terrace
- Excellent visibility and foot traffic
- Consolidated dining and leisure area
- Potential for expansion of outdoor terraces
- Long-term lease agreement
- Ideal for restaurant groups, culinary operators, or investors
- Estimated return of 21.62%
- Estimated payback of 4 years and 8 months
Features
- Commercial
- Build Size: 357 m2
- Energy Certificate (Consumption): F
- Energy Certificate (Emissions): F