Foodie Gem in Palma: Successful Restaurant in Premium Location

Total rent

€3,500
  • ~90 m² Total surface
  • ~40 m² Terrace surface

Description

Location and Surroundings: Available for takeover is one of the top-performing restaurants in Santa Catalina – one of Palma’s most renowned and sought-after foodie streets. Opportunities to secure a space in this area are extremely rare. The location enjoys high foot traffic from both locals and tourists year-round. Business Description: This well-established restaurant enjoys a strong reputation and loyal customer base. It features a welcoming atmosphere with stylish and modern decor. The business generates a high turnover, highlighting its operational success and profitability. Financial Details: Monthly rent: €3,500 Takeover price: €300,000 This reflects the real market value for such a premium location. A secure and smart investment opportunity in the heart of Palma’s culinary scene. Opportunity: Perfect for investors or restaurateurs looking for a turnkey business in a booming area. The current owners are stepping back for personal reasons, not due to business performance. 629
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Engel & Völkers Commercial Mallorca

Your advisor: Office Palma

Property ID: OI-SMA-629

Property details
  • Property type

    Gastronomy

  • Condition

    Modernized

  • Total surface

    ~90 m²

  • Terrace surface

    ~40 m²

Energy efficiency information
  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Energy certificate type

    Energy Consumption Certificate

Location: Ponent District, Palma

The restaurant on offer is located in one of the most sought-after areas of Palma, right in Santa Catalina. This area is known for its vibrant food scene and attracts both locals and tourists. The street is known for its variety of gastronomic offerings and is considered a hotspot for foodies.

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Engel & Völkers Commercial Mallorca

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Provider:

Engel Mallorca Invest, S.L.

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