Music Bar and Nightclub For Sale in Torremolinos, Malaga
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Description
This spacious, fully licensed, live music Family Entertainment Bar is one of the best examples of this type of establishment in its category you will see on the Costa del Sol. It commands a fantastic location only a stones throw from the lovely wide beach of this popular holiday destination.
The bars massive terrace, that can seat upwards of 90, fronts a wide and beautifully kept grassed public area making it ideal and safe for families with children. The bar, which currently opens from 6pm, is very popular and has no other similar competition in the immediate area with nightly entertainment and professional karaoke provided from 10pm until the early hours. This venue is close to six large UK tour operated used hotels which provide a steady winter trade and an extremely busy holiday season from the middle of May and continuing to the end of November, a period where serious profits can be made. The current owner says the bar is fun and easily operated with the help of 3 to 4 staff during the height of the summer, with the emphasis on family entertainment there is never any trouble.
The air-conditioned interior, which can be fully opened to the terrace through fold back doors, has comfortable seating for 90 plus. There is a proper L shaped working service bar with plenty of low level bottle chillers to satisfy the demands of the thirsty happy holiday audience. There is a small kitchen area that if required could be developed together with a good sized stock room but which is not used at present. A huge 2.5 metre projector screen with a 30,000 song computer driven karaoke system is controlled from behind the bar, with a resident karaoke entertainer managing this aspect of the business. A further stream of income is derived from an owned pool table positioned on the front terrace returning regularly as much as 500 euros per week in summer, a very nice financial offset against an already sensible monthly rental of just 2.400€.
Viewing of this most professional bar is highly recommended. The lease price is very reasonable indeed compared with other similar opportunities available on the Costa del Sol, a quick glance at the property and business will prove that. So be quick before it is snapped up considering fully licensed live music venues are very scarce in this area. Turnkey operation including all equipment.
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