Commercial for sale in Palma de Mallorca, Mallorca

A consolidated tobacco shop business with a National Lottery license is offered for transfer, located on one of the most well-known and busiest streets in Palma. Corner premises, with excellent visibility, completely renovated and with a first-class showcase. An ideal opportunity to start working from day one without the need for any additional investment.

Conditions of the premises:

Monthly rent: €1,000

Current lease contract for 19 years

Active licenses:

Tobacco: 24 years remaining

National Lottery: Indefinite duration license

Profitability details:

Tobacco: Net margin of 8.35%

Lottery: Commission of 7.23%

Other products: Up to 42% profit

Conditions for the transfer of the lottery:

If the tobacco shop is sold, the lottery must be transferred beforehand

The transfer of the lottery is formalized in:

3 months if it remains linked to the tobacco shop

5 months if sold independently

Support from the current owner:

The current owner will accompany the transition during the first 3 months and is willing to continue as a contracted worker for several more years, until retirement if the buyer wishes.

Stable, profitable business with high growth potential. Perfect for those looking for a self-employment model with guarantees or a secure investment in a regulated sector.

Legal notice: The image shown is purely illustrative and may not correspond to the actual establishment. Its sole purpose is to provide a general idea of the type of business being offered.