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Established Wholesale Business In Southern Tenerife For Sale

Las Chafiras, Tenerife, Spain
Asking Price:
€400,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€100K - €250K
Net Profit:
On request

Established Wholesale Business for Sale in Southern Tenerife

We are offering an excellent opportunity to acquire 100% of the shares in a fully operational wholesale company located in the main industrial area of southern Tenerife, strategically positioned close to the airport.

Purchase price for 100% of the company shares: EUR 400 000

The sale of 100% of the company shares includes:

The existing company and its ongoing business operations.
Lease of the warehouse with 4 years remaining on the current lease.
Rental of a large warehouse for approximately EUR 3,000 per month, representing an excellent opportunity given the location and current market conditions.
Stock with a purchase value of approximately EUR 280,000 and a retail value of over EUR 500,000.

1 × Ford Transit Pickup (2020).
1 × Renault Kangoo (2020).
Industrial shelving.
Complete computer equipment.
Alarm system.
Management and accounting system.
Office furniture.

Established relationships with existing suppliers in mainland Europe, allowing the new owner to continue cooperation immediately and ensuring business continuity from day one.

The company is fully operational, with complete infrastructure and an established supply chain, allowing the new owner to continue the business without interruption.

This is an ideal opportunity for investors or professionals looking to acquire 100% ownership of an established wholesale company with significant growth potential.

For more information or to arrange a viewing, please contact us via private message.

Property Information

Real Estate:

Lease

Lease Terms:

There are approximately 3.5 years remaining on the long-term lease for the warehouse. The current rent is EUR 3,000 per month.

This represents a very competitive lease rate, as comparable premises in the surrounding area are currently available for approximately EUR 1,000 more per month.

Leasehold Rent:

€36,000 per annum

Location:

The wholesale business is located directly on the main road, just 3 minutes from the motorway entrance, in a well-established industrial area. It offers an excellent and highly convenient location, with easy access for both customers and suppliers.

Premises Details:

The business operates from a large, fully equipped warehouse located in a well-established industrial area in southern Tenerife. The premises offer convenient access directly from the main road and are only approximately 3 minutes from the motorway entrance. The warehouse provides ample space for storage, wholesale operations and office facilities, with industrial shelving and all necessary infrastructure already in place.

Size in square feet:
5,382
Planning Consent:

No specific planning permissions, extensions or conversions have been carried out. The premises are currently used as a wholesale warehouse and office facility in accordance with their existing use.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is significant expansion potential for a buyer who already operates a construction or property renovation company in Tenerife. By combining the wholesale business with their existing operations, they could purchase materials directly through the warehouse at wholesale prices.

For a company building or renovating around 20 properties per year, the savings on materials alone could potentially cover the wholesale business’s operating costs, while sales to external customers and other business activities would generate additional profit.

Competition / Market:

The business operates in a competitive wholesale market, with competition primarily based on pricing, product availability, delivery times and customer service. However, the company benefits from established relationships with suppliers, an existing customer base, a strategic location and a significant stockholding, which provide a strong competitive position.

Reasons for selling:

The business was originally established to support the family’s activities while family members were living in Tenerife, including the construction of one family property and the renovation of two others.

Currently, no family members are permanently based in Tenerife, and the main family business operates in a different sector (electronics.) Taking these factors into account, the wholesale business is no longer as commercially attractive for the current owners as it could be for a new owner.

The business has significant potential for someone who is actively involved in the construction or renovation industry and spends a substantial part of the year in Tenerife, where the existing wholesale operation could directly support their own projects as well as generate additional profit from external customers.

Trading hours:

Monday - Friday 8:00 - 16:00

Employees:
4
Years established:
6

Other Information

Support & training:

The buyer can be provided with a comprehensive handover and training period following the purchase. This can include training on the sales and management system, an introduction to the local market, key suppliers, products and existing business processes.

The current owner can also provide support in establishing relationships with suppliers and customers. A several-month transition and support period can be agreed to ensure a smooth handover and continuity of the business.

Furniture / Fixtures value:
€60,000 - included in the asking price
Inventory / Stock value:
€280,000 - included in the asking price
Website:
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Related Documents:
Relocatable:
This business can be relocated