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€168,000 · Bar For Sale in Las Americas

Profitable Las Americas Cafe Bar<< Back

Reference:328Business Type:Bar
Location:Las AmericasPrice:€168,000 (approx £121,377)
Ownership:LeaseholdMonthly Rent:€4,300
Status:Sold

If you are looking for truly established, successful and profitable catering business in Tenerife, this great cafe-bar with prime position in Playa las Americas is your choice!

The business has been successfully established since over 30 years and for the last decade it has been in the hands of its current owners who are now looking to downsize and semi-retire. The bar occupies prime position on one of the busiest streets in Playa las Americas with constant passing trade and numerous hotels and apartment complexes around. Famous for its comprehensive British menu the bar is overly popular with tourists and has a large following of regular customers.

The bar occupies 2 premises and has a spacious terrace directly at the street walkway. Inside premises are well-equipped with a kitchen, toilets and storage/cooling cameras downstairs and the bar and customer seating on the ground floor and terraces. Total capacity is around 80-90 people.

The business is fully staffed and brings a very healthy income, the details of which could be discussed with genuine and serious buyers after the initial viewing and the confirmed interest. The rental contract requires a security deposit in the amount of 29’000€.

 

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