Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Commercial Property For Sale. Karaoke And Disco Club - Puerto Del Carmen - Lanzarote
LISTING DETAILS
Firms For Sale ID:
13821
Vendor reference:
LBS188
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
€200,000
Furniture, fixtures, fittings and stock included.
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed
Trading hours:
8PM - 4AM
OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease length:
5
Lease remaining:
5
Rent:
€37,000 per annum
BUSINESS DESCRIPTION
Having been operating since 1990 this bar has a huge following and benefits from great repeat business. The owners have seven figure turnover figures to share with interested parties and can demonstrate fantastic profit levels to any serious investors.
The bar is entered by a large staircase directly leading from the main strip where PRs and a receptionist welcome new guests. The grand staircase leads in to the main bar area which forms the main room of the club some 250+ m2 of floor space. The main club floor has 3 separate bars as well as a backup bar which could also be used as a kitchen.
The club is focused heavily on entertainment rather than disco at the moment and so offers karaoke every night of the week with extra entertainment including drag acts, comedy nights and of course major sporting events.