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This business has been built up over several years, currently operating 158 various machines. 130 of these are currently located in bars and hotels on a profit share basis between Sotogrande and Nerja. That is a 160 kilometre stretch of the Costa del sol with our base right in the middle at the town of Fuengirola, so the hard work has all been done and you will be returning a profitable income from day one.
The main part of the business is coin-operated pool tables, then these are complemented with the addition of other coin-operated machines. We keep our games/machines in top condition, most of the machines are new "and/or kept looking like new" while any pool tables starting to show any serious signs of wear are generally sold on and replaced with new.
Although the general running of the business could be undertaken by one person, moving items such as boxers or pool tables generally need assistance from another person. Currently, I employ 1 person full time to look after service calls and any basic maintenance needed for the running of the business. This would be a great business for someone interested in pool as they can be involved in something they enjoy, adding the involvement in running a small pool league in the town we are based in. You will, of course, get access to trade suppliers with leading name pool table suppliers in the UK and other countries etc. so you would be able to purchase trade direct from manufacturers and not 3rd parties.
We also undertake work on tables for private homes, work such as recovers of pool and Snooker tables along the coast, as well as sales of tables to private homes.
This business currently consists of the following machines:
Pool tables: 97 (81 currently sited)
Snooker tables: 2 (2 currently sited)
Football tables: 17 (13 currently sited)
Air hockey: 3 (3 currently sited)
Electronic darts: 6 (4 currently sited)
Jukeboxes: 12 (9 currently sited)
Pinballs: 2 (2 currently sited)
Claw Gruas: 1 (1 currently sited)
Various other snack/nuts machines and kiddies rides: 16 (16 currently sited)
(Purchasing the above machines alone, would require an investment of over 200,000 €)
Our warehouse is rented on a monthly basis for a small rental.
There are 3 vehicles included in the assets, the business currently has no debt other than payments left on 2 of the 3 vehicles which are both purchased under leasing plans. There are 3 months left of the 3 years leasing plan to pay on one vehicle (Kangoo Compact ends Dec. 2018) while the second has just over 1 year left to pay for the 3 years leasing (Kangoo Combi ends Dec. 2019). Monthly payments on these vehicles are small and are owned by the company at the end of the leasing plans with a relatively small final payment on each. The third vehicle is paid for and is used to transport "move" machines.
We have a professional looking website that brings in customers for profit share, private sales and repairs, this along with "word of mouth" from our customers are our two main sources of new customers.
*** Starting to build a "profit share" business from the ground up is a major undertaking, it can take several years just to reach a point where you can even take a wage! If you are interested in having a profit share business renting out pool tables, jukeboxes, football games etc., then the best way to start... is to purchase an established profit share business such as this one, that is already making money.
This is well run and respected company on the Costa del Sol where the owner has a good relationship with all of his clients.
*** This business is not like buying an average Costa del Sol type of business, you would be stepping into a business that is already making money without any liabilities! No need to worry about having to deal with customers who are the general public, this business is all set up with its contracted customers who are other businesses, they deal with the customers... you just need to carry on with the same!
*** SERIOUS INQUIRIES ONLY ***
It is important to understand that if you don't think you are capable of very basic DIY skills then this business is probably not for you!
Further information available upon request, please contact seller below for more details.
To gain further financial information regarding this business the interested party should be available to meet in Fuengirola, Spain.
Located near Fuengirola, midway between Sotogrande and Nerja, Costa del Sol
The business has potential to grow in various areas, apart from locating new sites for pool tables, football games etc. the bar snacks/nuts side of the business has huge potential that we have not pushed.
There are other similar businesses on the Costa del sol area, I would place this company as being the second largest British owned of our type in our area, although we are probably the youngest and fastest growing.
Looking for more time to continue with other interests.
The current owner is prepared to spend up to 3 months part time assistance and help if it is needed for any new owner to understand the ropes.
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