Situated right on the seafront in Fuengirola, opposite the beach, with direct sea views,. There are several other bars and cafes nearby, as well as many apartments and hotels within a few minutes’ walk. The area is well known to be busy with local expat residents and tourists alike.
This well-established business has excellent reviews on TripAdvisor and is consistently rated within the top 1-2 percent of restaurants in Fuengirola, having a rating of 5 out of 5. It currently operates from 9:00 to 4:00 p.m., serving high-quality breakfasts, lunches, and snacks, but opening hours could easily be extended to increase profits.
Unfortunately, the owner’s health has suffered recently, and therefore the business must be sold.
The property was subject to a complete renovation about 4 years ago and is offered in excellent order throughout.
The front door opens into the bar area, which is tastefully decorated and has a timber ceiling, modern wood-effect floor tiles, feature lighting, and large wall mirrors.
The bar itself has a beer tap, drink fridges, shelving for bottles and glasses, etc., a store cupboard, a cash till, and a coffee machine.
The kitchen is well fitted with stainless steel appliances, including a five-burner hob with oven under, twin fryers, a plancha (grill), extractor, sink, fridges, freezers, and microwave oven. The preparation areas are also stainless steel, and the walls and floor are fully tiled. There is a serving hatch opening into the bar.
The terrace has retractable ides and a ceiling, making it usable all year. It is closed in the winter and open in the summer, and it has a mist system for warm summer days. Additionally, there is an open terrace for further tables and chairs.
In total, there is around 50 m2, with 40 covers and space for an additional 9 inside.
There is a 5-year renewable lease that is currently subject to a monthly rental of 1.224€ (which will increase to 1300€ shortly), an annual terrace tax of 2.500€ (the terrace tax is reduced considerably if the owner of the business also resides in Fuengirola), and an annual community charge of 600€.
This really is an unusual opportunity to acquire a business in this location with such a good reputation. It is ideal for a couple to run together, with an additional member of staff being required in the high season.
Important Notice.
If you are thinking about buying a business, always make sure you use a genuine and professional agency.
Mind Your Own Business is a fully insured and fully legal SL (limited) company specialising only in commercial estate agency and business transfer.
You can visit us in our offices before, during, or after the purchase of your business to discuss your requirements, and we can also assist with any difficulties that may arise based on our over 35 years’ experience in the business.
