Buy a Well established bar opportunity in Costa Teguise, Lanzarote 150.000 Euros in Canary Islands, Spain business opportunity for EUR €150,000.00. Buy a business

This is a fantastic opportunity to invest in a popular sports and entertainment bar in Costa Teguise, or for those not wishing to invest the full amount the owner is offering a 50% partnership, meaning that potential suitors wont have the commitment of working 7 days a week.

This popular bar is not only popular with tourist but also locals who go there every week to have relaxing social drink or go down to watch either the sporting events or the nightly music and entertainment. This bar has a full music licence which enables the bar to legally provide live music and shows on a nightly basis with the full backing of the local authorities, which these days is a rarity.

Not only does this bar have a huge lounge with seating for 65 people, it also has its own seperate sports lounge consisting of two pool tables where the owner receives 50% of the overall takings, a modern darts board and televisions to show the live sports events.

The main bar area consists of seating for 65 people witha large L shaped bar, a fully finctional kitchen providing everything from bar snacks to a full Sunday lunch, 4 televisions, one of which is a huge 96" projection screen, 3 different satellite systems ensuring that all events can be covered, and a full Karaoke and sound system, all this is topped off by a fully functioning air conditioning system which keeps the clients cool during the hot sunny days.

Open from 9 am in the morning till the small hours this bar provides breakfasts, lunch and evening meals whilst providing a friendly atmosphere, and due to all the sytems the owner has installed it provides all the entertainment to meet most peoples needs. With a high footfall from a number of nearby apartment complexes and hotels this bar has seen the worst of the recession and is still generating a healthy trade.
 

EUR €150,000.00 

BFL347

Assets Only 

Undisclosed 

Undisclosed  

4 

2 

9am - 12am 

Birth of his daughter 

No 

EUR €50,000.00 

EUR €2,000.00 

http://www.businessfinderlanzarote.com 

Leasehold 

5 years renewable 

2200 

Located in the heart of Costa Teguise, only minutes away from the popular Las Cachuras beach, and a number of apartment and hotel complexes. 

This bar has a full music licence which enables the bar to legally provide live music and shows on a nightly basis with the full backing of the local authorities, which these days is a rarity. Not only does this bar have a huge lounge with seating for 65 people, it also has its own seperate sports lounge consisting of two pool tables where the owner receives 50% of the overall takings, a modern darts board and televisions to show the live sports events. The main bar area consists of seating for 65 people witha large L shaped bar, a fully finctional kitchen providing everything from bar snacks to a full Sunday lunch, 4 televisions, one of which is a huge 96" projection screen, 3 different satellite systems ensuring that all events can be covered, and a full Karaoke and sound system, all this is topped off by a fully functioning air conditioning system which keeps the clients cool during the hot sunny days.  

100 sq meters