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Established Car Hire And Estate Agency In Tenerife For Sale

Las Americas, Tenerife, Spain
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Turnover:
Undisclosed
Net Profit:
Undisclosed

Rare opportunity to acquire two well-established and complementary businesses in a prime location in Playa de las Américas, Tenerife.

Operating since the 1980s, the businesses have built an excellent reputation among both local and international clients. Both are fully licensed and compliant, with established systems, procedures and a loyal customer base.

Car Hire Business
The car hire business operates a fleet of 30+ owned vehicles and benefits from strong repeat business throughout the year. It is known for its personal, convenient and customer-focused service, with excellent customer reviews.

There is considerable potential for further growth by expanding into luxury cars, convertibles, campervans, motorcycles and other specialist vehicles.

A freehold garage is included in the sale!

The Real Estate Agency

The established estate agency has an excellent reputation and a strong track record of property sales in the south of Tenerife, primarily serving international clients.

The prominent main-street office provides excellent visibility and valuable passing traffic. There is significant potential to expand into holiday rentals, key-holding services and property maintenance coordination.

Business & Premises
The businesses benefit from a long-term lease, providing a secure operational base and predictable occupancy costs. The premises include a fully fitted office, while the sale also includes the company's substantial vehicle fleet and other business assets.

The business is operated with a lean structure, making it suitable for an owner-operator, partnership or investment group. Full training and handover can be provided.

Legal Structure
The businesses operate through an established Spanish Limited Company (Sociedad Limitada). The company has a long-standing banking relationship and has maintained a strong record of compliance with Spanish tax and Social Security obligations.

Reason for sale: retirement of the current owners.
This is an excellent opportunity to acquire two established businesses with proven customer bases, valuable assets, a strong reputation and significant potential for further growth in one of Tenerife's most popular tourist destinations.

Property Information

Real Estate:

Lease

Location:

Las Americas

Premises Details:

Freehold included

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Employees:
2
Years established:
40

Other Information

Support & training:

Yes, the current owners will secure a smooth handover

Relocatable:
This business can be relocated