Commercial property in Palma, for rent

ICONIC RESTAURANT IN PALMA DE MALLORCA

Business Transfer Opportunity
An exceptional opportunity to acquire a historic and fully established restaurant in Palma de Mallorca through a business transfer.
With more than 50 years of successful operation, this establishment has become a gastronomic landmark on the island thanks to its outstanding reputation, loyal customer base built over decades, and strategic location with high footfall throughout the year.
Its privileged location attracts residents, visitors, and numerous cycling groups on a daily basis, generating a constant flow of customers and stable business activity regardless of the tourist season.

Business Features
* Fully operational restaurant.
* More than 50 years of uninterrupted activity.
* Spacious, fully equipped facilities.
* Approximate capacity of 150 guests.
* Two indoor dining rooms.
* Large bar area.
* Fireplace in one of the dining rooms.
* Spacious outdoor terrace with multiple possibilities.
* Fully equipped professional kitchen.
* Traditional wood-fired grill area.
* Private parking for customers.
* Excellent visibility and easy access.

Financial Information
* Transfer Price: €249,000
* Monthly turnover: €80,000 – €90,000
* Annual turnover close to €1,000,000
* More than 5,500 diners per month
* Open and operating throughout the year.
* Extensive portfolio of loyal and repeat customers.
* Long-term lease agreement in place.
* Monthly rent: €4,400
* Private parking: €500/month
* Total occupancy cost: €4,900/month

Potential
This is a fully operational business with a solid structure and significant growth potential for restaurant operators, hospitality groups, or investors seeking a profitable acquisition from day one.
The combination of strong turnover, strategic location, and competitive occupancy costs makes this one of the most attractive restaurant transfer opportunities currently available in Mallorca.

Confidentiality
Detailed information will be provided exclusively to qualified buyers upon signing a Non-Disclosure Agreement (NDA).

Transfer Price: €249,000





The images, renderings, photographs, and graphic elements included in this presentation are for illustrative purposes only. Their purpose is to preserve the confidentiality of the business while providing a general understanding of the investment opportunity. They do not necessarily represent the restaurant being offered and do not constitute contractual information.

Details

• Type: Commercial property
• Transaction: For rent
• Province: Baleares
• Town: Palma
• Bathrooms: 2
• Living area: 330 m²
• Constructed area: 350 m²
• Energy certification (consumo): E
• Energy certification (emisiones): E

Extras

• Exterior: Yes
• Air Conditioning: Yes
• Fireplace: Yes
• TBI approved: Yes
• Smoke extractor: Yes

ICONIC RESTAURANT IN PALMA DE MALLORCA

Business Transfer Opportunity
An exceptional opportunity to acquire a historic and fully established restaurant in Palma de Mallorca through a business transfer.
With more than 50 years of successful operation, this establishment has become a gastronomic landmark on the island thanks to its outstanding reputation, loyal customer base built over decades, and strategic location with high footfall throughout the year.
Its privileged location attracts residents, visitors, and numerous cycling groups on a daily basis, generating a constant flow of customers and stable business activity regardless of the tourist season.

Business Features
* Fully operational restaurant.
* More than 50 years of uninterrupted activity.
* Spacious, fully equipped facilities.
* Approximate capacity of 150 guests.
* Two indoor dining rooms.
* Large bar area.
* Fireplace in one of the dining rooms.
* Spacious outdoor terrace with multiple possibilities.
* Fully equipped professional kitchen.
* Traditional wood-fired grill area.
* Private parking for customers.
* Excellent visibility and easy access.

Financial Information
* Transfer Price: €249,000
* Monthly turnover: €80,000 – €90,000
* Annual turnover close to €1,000,000
* More than 5,500 diners per month
* Open and operating throughout the year.
* Extensive portfolio of loyal and repeat customers.
* Long-term lease agreement in place.
* Monthly rent: €4,400
* Private parking: €500/month
* Total occupancy cost: €4,900/month

Potential
This is a fully operational business with a solid structure and significant growth potential for restaurant operators, hospitality groups, or investors seeking a profitable acquisition from day one.
The combination of strong turnover, strategic location, and competitive occupancy costs makes this one of the most attractive restaurant transfer opportunities currently available in Mallorca.

Confidentiality
Detailed information will be provided exclusively to qualified buyers upon signing a Non-Disclosure Agreement (NDA).

Transfer Price: €249,000





The images, renderings, photographs, and graphic elements included in this presentation are for illustrative purposes only. Their purpose is to preserve the confidentiality of the business while providing a general understanding of the investment opportunity. They do not necessarily represent the restaurant being offered and do not constitute contractual information.