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Long Established Restaurant On Los Boliches Seafront For Sale

Los Boliches, Malaga, Spain
Asking Price:
€150,000
Turnover:
€500K - €1M
Net Profit:
Available on request

Situated right opposite the beach at Los Boliches in Fuengirola,. This restaurant has been in its current ownership for over twenty years and is indeed very successful. It has a huge loyal client base and gets very busy throughout the year, particularly in the summer months.

It is currently open all day, serving breakfasts, lunches, and evening meals, and often runs at full capacity.

The seller informs us that the business is turning over around 600.000 euros per year. There are currently 5 full-time staff members.

The restaurant has been refitted recently and is offered in excellent decorative order, having been finished to a high standard. There is a wooden-effect tiled floor, partly wood panel walls, modern lighting, and attractive furnishing. There is seating for around 24 people internally, and it is fully air-conditioned.

The bar has a marble top and beer taps; there are drink fridges, a cash till, a coffee machine, and plenty of shelving for bottles and glasses. It has a separate bar store area.

The kitchen is indeed very well fitted with stainless steel appliances and preparation areas; there is a three-burner hob with an oven under, a twin fryer, a plancha (grill), fridges, freezers, an extractor dishwasher, and a sink. There is a separate prep area and storeroom.

The terrace has all-round toldos (awnings) and can be open in the summer or completely closed in the winter. It seats around 40 people.

The WCs have been refitted with modern white suits, and they are fully tiled.

In total, there is around 80 m2 internally and a further 45 m2 on the terrace.

There is a 5-year renewable lease that is subject to a monthly rental of 1650€, and there is an annual terrace tax of 2200€ per month.


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’ of experience in the business.

Property Information

Real Estate:

Lease