Highly Profitable Cafe Bar in Fantastic Beachfront Location For Sale

Business description

Without doubt, this is the best of the best.

Turnkey, high net income, fabulous location, stunning views......what more could you want ???

The large interior is tastefully decorated and has high quality wood tables and chairs; there is wheelchair access to restrooms and a fully stocked well equipped bar. The kitchen is a good sized fully commercial kitchen. All equipment is Stainless Steel, there is ample storage room and a full extraction system has been implemented.

Outside the enormous terrace can easily seat 120 people...and very often does. The views from the terrace are spectacular, with the glorious Mediterranean sea just feet away.

The lease being offered is 5 years which can also be renewed, Monthly rent is set at 3,430 euros, there is an additional 400 per month terrace tax, whilst this may appear excessive the turnover of this well run establishment is very high, well controlled operating costs provides exceptional net income of 24%. Income Statements are available to serious buyers.

The owner has a young baby and can no longer dedicate her time to the business and has therefore set a very low non negotiable asking price of only 115,000 to facilitate a quick sale.

This could be considered the bargain of the century as your initial investment will be returned well within the first year.

Property information

Real Estate:

Lease

Location:

Fantastic Location, situated in the sought after sea front of Fuengirola.

Premises details:

Superb Turnkey Opportunity

Other information

Support & training:

Full support offered

Reasons for selling:

Personal Reasons

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