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High Street Refurbished Cafeteria Lounge Bar In Fuengirola For Sale

Fuengirola, Malaga, Spain
Asking Price:
€34,950
Turnover:
Available on request
Net Profit:
Available on request

This trendy, modern and popular cafeteria lounge bar benefits from having a main high street location and being surrounded by holiday apartments, residential homes and close to several hotels. The beach is only a 2 minute walk away and the train station just 5 minutes. This prime positioned business has a great location on a road that has plenty of footfall and passing trade throughout the whole day.

The inside measures approximately 100m2 and has a modern, trendy and contemporary styled decor. There are 8 tables, and like most of the furniture in this cafeteria lounge bar, are made from bespoke wood where around 40 customers can sit comfortably. The main bar area follows the same contemporary decor and part of this bar area can be moved so freeing up space for more tables or even a pool table! A water filtration system has also been installed which supplies pure water to the coffee machine and also for tap water.

Towards the rear of this cafeteria lounge bar is an area that is currently used for darts. There is a classic darts board and also alongside an electronic version where many darts tournaments take place against teams from all over Spain via computer link. The kitchen is also towards the rear and as this is licensed as a cafeteria it is important to know that it is a cold kitchen ideal for snacks, tapas indeed anything that does not extract smoke or fumes. However, there is the possibility of changing this by adding a legal extraction filtration system at an extra cost.

The 3 outside terrace areas measures approximately 30m2 and between them have 8 tables that can seat an extra 40 customers. The main terrace area again continues the bespoke wooden theme and can seat up to 20 customers. there is also an additional 2 areas at the back of this cafeteria bar where another 30+ customers can sit and relax whilst enjoying a cool refreshment. This business comes fully furnished and equipped and the new owners will be able to start trading immediately.

Recently refurbished with over 80,000€ invested, it is only unfortunately due to family health problems that the current owner has to sell. We invite you to browse through the photos however this cafeteria lounge bar has so much potential we urge all serious buyers to call us today to arrange an appointment to truly get a better Understanding of what is on offer. Please be aware that there is a 6,000€ returnable landlords deposit however the present owner has stressed she is open to sensible offers!

*** Bars Abroad are commercial estate agents on the Costa del Sol. We have lived, worked and owned bars for over 20 years combined. More importantly we only recently sold our bar to concentrate on helping others like yourselves by passing on our wealth of knowledge and expertise within the commercial market here in Spain.

Our service to you is honest, trustworthy and unique. No other Commercial agent can claim to have recently owned a bar and therefore be fully aware of all the legalities, the mistakes and potential pitfalls to avoid and the true costs and expectations of running a bar. We know who the best suppliers are and we have an inclusive list of reliable tradesmen – all of which are passed on to our clients as part of our service.

Our English speaking legal team are here to offer you a professional service making sure you are legal and licenced in accordance with Spanish law regarding the purchase of your business and that all licences are in place prior to opening.

All of this is supported by our unrivalled after sales service. We know the moment you receive your keys for your business, this is when you really need help. More often than not, this is when most agents help goes missing as they have received their commission and you are no longer making them money!
Bars Abroad 110% oppose this as we know you really need our help… Remember we have recently been that new owner! We will stay with you an guide you for as long as you need us – no charge. In fact throughout all of our time working for you, you will never pay us a cent as it is the seller who pays our commission.

If you are serious about buying a business here in Spain, please contact us today to find out how we can give you the best start possible with your new life in the sun! ***

Property Information

Real Estate:

Lease

Lease Terms:

This business is offered on a 5+5 year renewable lease contract.

Leasehold Rent:

1,500 per month per annum

Living Accommodation:

Bars Abroad will always help their clients to find suitable living accommodation. We are in contact with many rental companies in the area as well as established real estate businesses who sell properties within our clients areas and budgets.

Location:

This prime positioned business has a great location on a road that has plenty of footfall and passing trade throughout the whole day.

Premises Details:

- 5 year renewable lease for sale.
- Prime high street location close to beach and train station.
- Trendy and modern interior.
- Over 80,000€ spent on refurbishment.
- Interior measures 100m2.
- 8 bespoke wooden tables with seating for around 40 customers.
- Water purification system installed.
- Separate darts area.
- Cold kitchen, with possibility to add an extraction system.
- 30m2 terrace area.
- 8 tables with seating for 20 customers.
- Additional terrace areas, 3 in total plus seating for extra 30+.
- Open to offers!

Size in square feet:
The interior is approximately 100 m2 and the terrace area is 30 m2.

Business Operation

Competition / Market:

Because of the busy location, this business has a variety of competition from bars, cafes, restaurants, and other businesses and provides the new owners with a trading business that has plenty of potential.

Reasons for selling:

The owners of this business have decided to sell their business due to family health reasons.

Trading hours:

This business is licensed as a cafe/bar, which allows the operational hours to be from 7 AM to 2 AM Sunday to Thursday and 7 am to 3 am Friday, Saturday and bank holidays.

Employees:
This business is ideal for a couple or business partnership.
Years established:
This business is currently open and trading for over 2 years.

Other Information

Support & training:

We offer a full support package that is not only free of charge it is the envy of our competitors! We will arrange meetings with local suppliers and be present at those meetings to get you the best deals and offers that is possible. In short we will be there with you and for you long after you open the doors for the very first time. We know more than anyone how important it is to have that support and we are there for our clients 110%... and will continue to be, there is no time limit!

Contact Information

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