Ultra Profitable Bar Cafe for sale in San Eugenio centre €200,000

Ultra Profitable Bar Cafe for sale in San Eugenio centre €200,000

Situated on a busy walkway this unique cafe bar has proven to be a huge success. The existing owners are selling in order to have more family time.

The business current turnover is in excess of €800,000 who translates to a weekly profit of a shade under €4000.

 

There is a large terrace facing the street and one of the most well known landmark complexes, a stone’s throw from the San Eugenio shopping centre and Mercadona.

The whole place shouts ‘trendy’, the branding is superb, the current menu has rabid fans on social media, TripAdvisor and Google reviews.

Available on a trespaso basis (leasehold) along with the existing brand, signage, menus etc, in other words AS IS,… For €200,000 or with no branding – meaning a fresh name and start over, for €140,000

Our initial reaction was that the trespaso was well overpriced but after thorough investigation of the foot traffic, the reviews and most importantly the books, we feel that the high price fairly reflects the profits made to date.

Ground rent including the 19% retention and the 7% igic (VAT) totals €1506 per month.

In the first instance contact the agent, Bryan on telephone / WhatsApp 602596574 with any enquiries.

 

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