Bar Diner In Busy Tourist Area Of Malta For Sale

Business description

Tired of slaving away forever lining somebody else's bulging pockets?
Then come and live your dream on the sunny Mediterranean Island of Malta! Socialize with a wealth of interesting and well travelled enthusiasts, while simultaneously enjoying a good standard of living This is an amazing opportunity to be your own boss. The active Bar for sale is situated in the heart of the bustling tourist area of Bugibba, close to the Sea Front and has easy access by car to the Maltese International Airport. The sale includes all Bar and Restaurant licences, which have been paid up to the middle of next year this of course is a legal requirement whilst running any Maltese business and will enable the New Patrons to concentrate on earning a living from the outset. There are absolutely No hidden Local or Foreign shareholders involved in the Business, as opposed to many other similar businesses trading on the Island. The business is continually busy with both Locals, Foreign Tourists & Ex-Pats, to whom is guaranteed a relaxed and welcoming atmosphere, with reasonably priced drinks and healthy sports and other event covered on flat screen tv and large screen with Dreambox, plus in-house entertainments which include pool table, and newly formed darts team, which are played out all year round. Also a fully fitted out DJ box used for parties with large selection of cd’s. The bar will comfortably accommodate seating internally and externally in excess of a 100 people. All legitimate food & beverage licences are up to date (which includes a food licence that is presently Not in use and therefore leaves plenty of scope for immediate expansion in that particular field).The day to day trade has been progressively built up over a number of years to a busy, but not overly energy sapping business, which would prove ideal for either a couple or family looking to earn a decent crust, but still having enough time to enjoy their profits, and good weather thats on offer. As a gesture of good faith the present owner offer to be on hand to answer any outstanding questions with the new owners at the outset of their new dream adventure and to assist with the handover, enabling a smooth transition

Property information

Real Estate:

Real Property Included

Location:

Triq il Mazzola. Bugibba, St Pauls Bay, Malta

Business Operation

Expansion potential:

There is potential to expand the business by opening up the kitchen during the week, (only been utilized at weekends) and for the right people with the imagination to bring fresh ideas.

Competition / Market:

Bar is situated Just off tourist street, there are other bars in the area but non as big or with the scope of this bar.

Reasons for selling:

personal reasons for sale, due to family...also willing to rent property to the right person.

Trading hours:

There are NO limits to opening hours on the island.

Years established:

approx 20yrs, (under different owners)

Other information

Support & training:

The present owner is willing to stay to help in any transitional period to help new owners to settle and introduce him to customers and wholesalers/reps

Related documents:

• 
• Lang Registry showing position of Bar