Bar in Torremolinos
Asking Price € 29,945 leasehold
Operating since 2003 by current owner
Lively bar with street terrace
Very good foot fall
Excellent opportunity to purchase a very well established and profitable bar located within a few minutes´ walk from the beach and benefits from a huge local trade. Two major Sol hotels are within very close proximity. The bar was established by the current owner in 2003 and has decided to retire.
The bar offers a highly vibrant atmosphere and offers a very reasonable interior of 46m2 with seating for up to 24 people. There is an additional seating on the terrace which is 22m2. The current owner is trading from 12pm to 2am and the new owners are free to extend these trading hours to maximise of turnover potential.
The compact kitchen serves traditional British pub food as well as Sunday roast. This is a successful operating business that is ready to be handed over to the new owner and will generate good returns from day 1. The current owner is selling due to retirement.
This is a leasehold sale and the rent is very low for the area and helps to provide even greater return on investment for the new owners. This is definitely an opportunity that you cannot afford to miss.
***** BREXIT UPDATE *****
Do not let Brexit stop you buying a business in Spain. You can still obtain your residency and all required paperwork to move to and work in Spain. Our legal advisors are on hand to assist with this.
Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.
Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.
The calculation is for illustration purposes only providing a quick indication of what your monthly repayments may be, these repayments may vary according to your personal circumstances and the mortgage provider.
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