The Fountain Live Entertainment Bar" - Fabulously located Opposite The House of Katmandu Resort!!! (family area) Cafeteria By day and Cabaret Bar by night, currently run by the same owners for 12 years. Re-location forces reluctant sale of the lease. Many many repeat clients, a very well known business in Magaluf/ Palma Nova .The Fountain Bar has a client base of more mature singles, couples, golfers, groups and cyclists. Many of our clients are frequent visitors of Magaluf/ Palma Nova visiting 2 or 3 times a year. We currently run tribute artists ie: Elvis, Rod Stewart, Tina Turner and fabulous Drag Queen Nights. Our Elvis Tribute for example Mike Jones has worked with us in the bar for 11 seasons and still packs the place with his following twice a week. It has an internal seating 90 people plus standing and the terrace capacity is 80 seated. There are 7 years left on the lease, the landlord will be happy to extended the lease to 15 years if required. The rent is 3,400 euros per month. Because we are Re-locating we are looking for a quick sale of transfer of the lease, and at this point we are open to negotiation. We are asking 120,000 euros reduced from 160,000 euros. Transfer of the lease includes fittings and fixtures, internal chairs, sofas and tables, fully equipped kitchen, outside terrace chairs and tables, music system, stage lights smoke machine, microphone mixing desk, till, air conditioning, and all good will of the business.. etc. etc. etc. basically ready to run. It holds a full cafe concierto licence and can operate 9 am until 4 am. A genuine walk in business, which has been hugely successful for the past 12 years.
Posted on: Sun, 28 Jul 2013 18:04:06 +0000
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