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Established Estate Agency In Marbella For Sale

Marbella, Malaga, Spain
Asking Price:
€199,000
Turnover:
€250K - €500K
Net Profit:
€100K - €250K

Current income is in the region of €250,000- €300,000, from Residential Sales only. This independent and continually profitable business has been established over 30 years and built up a superb and trusted brand name and local reputation, the owner is happy to stay on for a couple of months to assist in the handover, if required. The company produces annual net profit, in excess of €100,000. The company does not undertake residential or holiday lettings, despite continual enquiries and offers outstanding potential in younger and more energetic hands in this bustling vibrant area of Costa Del Sol.

Property Information

Real Estate:

Lease

Lease Terms:

A new Lease will be granted by the owner/Freeholder.
10 Year Lease, with monthly rental of €2,500 (exclusive)

Leasehold Rent:

€15,000 per annum

Location:

The office has a very visual shopfront and is situated in a prime trading location nearby to banks, restaurants, etc with extensive parking spaces.

Premises Details:

Ground Floor double unit, fully fitted offices in good decorative order throughout

Business Operation

Reasons for selling:

Retirement

Employees:
Team of fully experienced staff, many on a self employed basis, who are currently running the business.
Years established:
20+ Years