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Long Established Cafe Bar In Torremolinos For Sale

Torremolinos, Malaga, Spain
Asking Price:
€49,950
Turnover:
Available on request
Net Profit:
Available on request

The advertised price of this cafe bar is 49.950 euros, with a monthly rent of 1.000 Euros.

This latest listing is a fabulous opportunity to become the new owners of a long-established cafe bar. This cafe bar is situated in the highly popular area of Montemar, which is located on the outskirts of the holiday resort and coastal town of Torremolinos. The business would ideally suit a couple or working partnership looking for a new business venture that offers excellent value for money. A quick sale is expected on this cafe bar; if interested, contact us now to confirm availability and to arrange a personal inspection of the bar. Please note that although the advertised rent of this business is 1.000 Euros per month, the owners receive 510 Euros every month from the ATM machine, which, if used towards the rent, brings the rent down to 490 Euros per month.

Cafe bar for sale in Montemar, Torremolinos, Malaga, on the Costa del Sol in Spain.

This is an excellent opportunity for a couple or working partnership looking for an established café bar to own and run here on the sunny coast of Spain. This café bar is located in the popular tourist resort known as Montemar, which is situated on the outskirts of the holiday resort and coastal town of Torremolinos. The area of Montemar offers a high percentage of local and multi national residents that have made their home here on a permanent basis, Montemar also has a high ratio of holiday apartments and large hotels, and the current owners enjoy a good regular trade all year round from both the ever-returning tourist sector and the local residents.

The interior of this popular café bar is approximately 90 m2, with seating for around 20 people comfortably. The premises have only recently undergone a facelift, which included some minor repairs due to wear and tear and a cosmetic makeover. This bar does have a charm and warmth that attracts a lot of repeat business. On entering the premises, there is an easily managed serving bar that displays an excellent selection of local beers, wines, and spirits. The bar is being sold as a turnkey business venture and will come fully furnished and equipped to a good standard that will allow new owners to continue and commence trading from day one purchase. Please browse through the varied selection of pictures we have included to help gain an insight of the size, style and layout of the premises before viewing.

The separate kitchen area is located via an archway at the rear of the serving bar, This kitchen facility is a good working size and like the main bar area, it comes furnished and equipped to a good standard with a good inventory of commercial appliances to easily cope with the typical style cafe-bar style menu, Importantly, this bright, spacious kitchen complies with the latest laws and regulations required by establishments that cater to the public sector.

The exterior terrace area of this café bar is approximately 35 m2, with seating for around 28 people. This cozy terrace area enjoys a steady footfall of passing trade from early in the morning until late evening, To ensure this valuable terrace area can be utilised to capacity throughout the year, the owners have installed an all-weather canopy system, the perfect solution for such a popular and busy terrace area.

NB: Important information! The details and description of this business are based solely on the information our company has received from the seller / vendor of the business. our company strongly advises all their clients not to enter in to any agreements for any business without having engaged the services of a legal representative who would complete a due diligence process on the said business and review the new lease agreement contract from the freehold owner to ensure that the terms and conditions are favourable and fair to both parties and compliant with Spanish law.

Bar in the sun are one of the longest established business and commercial transfer agents on the Costa Del Sol. We speak the local language fluently and always negotiate directly the best price, terms, and conditions for our clients interested in the purchase, lease, or rental of any type of business. Our pre- and after-sales service is the envy of our competitors. What other agents boast, promise, and guarantee our clients enjoy and receive as normal working practice. With three family members having served in the real estate industry for 30 years here on the Costa Del Sol, we offer over 90 years of combined experience working on your behalf. ***

Our Fuengirola office showroom is located at Calle Jacinto Benavente local 1, only a short one-minute walk from the main Fuengirola bus station and a three-minute walk from the train station. We are available to discuss client’s requirements or simply answer any questions they may have about buying a business in Spain from 10am until 4pm Monday to Friday, we are also available outside of normal office hours for pre-arranged appointments, We look forward to your visit and meeting with you soon. ***

Property Information

Real Estate:

Lease

Lease Terms:

*** This cafe bar is offered on a secure lease contract. ***
*** The monthly rent payable is currently set at 1000 Euros. ***

Living Accommodation:

Bar in the Sun will assist their clients to find suitable accommodation in the area and price budget they request.

Location:

This long established successfully run cafe bar is situated in the ever popular area of Montemar which is adjacent to the holiday resort and coastal town of Torremolinos.

Premises Details:

This popular long established cafe bar is fully furnished, equipped and will only require new owners personal touch and theme.

Size in square feet:
The interior of this cafe bar is approximately 60 m2 with an exterior terrace area of 30 m2

Business Operation

Competition / Market:

This popular successfully run cafe bar has varied competition due to its popular location.

Reasons for selling:

The present owners of this cafe bar have reluctantly decided to sell only due to a change in family circumstances.

Trading hours:

These premises have a cafe bar License which permits trading from 7am until 2am.

Employees:
This established successfully run cafe bar is ideally suited to be owned and run by a family or working partnership.
Years established:
These premises have been established as a café bar for over 35 years, the business is open and trading but awaiting a new owner.

Other Information

Support & training:

Bar in the Sun offer their clients an unrivalled pre-sales and after sales customer support service for any of there needs and requirements, let us introduce you to our previous clients who have purchased a business from us, this will enable you the opportunity to freely talk with former buyers who are now running their own business here in Spain.