Engel & Völkers ID : C-629 | Spain, Mallorca, Palma, Palma Oldtown

Foodie Gem in Palma: Successful Restaurant in Premium Location

Price/Month

3,500 EUR

Business transfer

300,000 EUR

Total surface

90 ㎡

Services and special features

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.

Type of property

Gastronomy

Total surface

90 ㎡

Palma Oldtown: Location and surroundings of this property

Engel & Völkers Mallorca Commercial

Mallorca Commercial
Avda. Gabriel Roca, 6 | 07014 Palma | Spain
Engel Mallorca Invest S.L.

Registry number: GOIBE728083/2024

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