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Long Established Successfully Run Torremolinos Lounge Bar For Sale

Torremolinos, Malaga, Spain
Asking Price:
€39,950
Turnover:
Undisclosed
Net Profit:
Undisclosed

The advertised price of this business is 39.950 Euros with a monthly rent of 745 Euros + IVA.

Established Lounge Bar for Sale in Torremolinos – Central Location

This established lounge bar for sale in Torremolinos offers an opportunity to take over a successfully operated business in the heart of this popular Costa del Sol resort. Situated between the well-known La Nogalera area and the lively Pueblo Blanco district, the bar enjoys a convenient central location.

The present owner has successfully operated this predominantly evening and night-time lounge bar for over seven years. As a result, the business offers an established trading history and a practical opportunity for new tenants seeking a manageable bar in Torremolinos.

The surrounding area attracts a varied mix of local residents, expatriates and international holidaymakers. Furthermore, the bar benefits from its proximity to numerous hotels, holiday apartments and residential properties.

La Nogalera is particularly well known for its vibrant LGBTQ+ nightlife, while Pueblo Blanco attracts visitors to its bars, restaurants and evening entertainment venues. Consequently, this location offers access to customers enjoying the town's established social and nightlife scene.

For a couple or working partnership seeking an established lounge bar in Torremolinos, this business deserves consideration. The relatively low monthly rent and manageable overheads are additional advantages for prospective operators.

Interior Layout, Bar Facilities and Equipment

The interior of this established Torremolinos lounge bar measures approximately 30 m². It provides a comfortable combination of seating and standing space for around 30 customers or more.

The premises come fully furnished and equipped, allowing new tenants to take over an existing bar layout without the need to furnish the business from scratch.

On entering the premises, customers will find a good-sized serving bar with sufficient working space for the operator. Behind the bar, a spacious rear gantry provides ample room to display spirits, wines and other beverages.

The existing arrangement makes practical use of the available interior space. In addition, its relatively compact size should appeal to a couple or working partnership who prefer to operate a business without requiring a large team of staff.

The present owner has maintained the lounge bar as an established evening venue for more than seven years. Therefore, incoming tenants will inherit a furnished and equipped business with an existing operating format.

We have included a varied selection of recent photographs showing the bar's current layout, furnishings, equipment and general condition. We recommend viewing these images to gain a better understanding of the premises before arranging a personal inspection.

Bar Operation, Snack Service and Exterior Terrace

This business operates primarily as a drinks and lounge bar rather than a café bar or restaurant. Importantly, the premises do not have a kitchen facility.

The current operator serves typical packaged bar snacks alongside occasional tapas dishes. This limited food offering complements the drinks trade without changing the business's main focus as an evening lounge bar.

Prospective buyers who require a commercial kitchen should consider this restriction carefully. Alternatively, our website features a varied selection of café bars and restaurants with kitchen facilities in Torremolinos and other Costa del Sol locations.

The exterior terrace provides another attractive feature of this established business. Measuring approximately 30 m², it offers seating for around 30 customers or more.

During the warmer months, the terrace provides customers with an outdoor area to enjoy drinks and socialise. It is particularly suited to the long summer evenings when visitors and residents spend time enjoying the resort's nightlife.

Combined with the interior accommodation, the terrace gives the operator two distinct customer areas. This arrangement also provides flexibility when accommodating customers who prefer either indoor or outdoor seating.

The combination of a fully equipped interior, an established drinks operation and an exterior terrace makes this a practical opportunity for operators interested in the Torremolinos nightlife sector.

Trading Potential, Monthly Overheads and Viewing Information

This lounge bar has operated successfully under the same ownership for over seven years. Its established trading history, central location and relatively low monthly rent are important considerations for prospective tenants.

The business should particularly appeal to a couple or working partnership looking for a manageable evening venue. Equally, it may interest experienced bar operators seeking premises in an established nightlife location.

The surrounding hotels, holiday accommodation and residential properties provide access to a varied potential customer base. This includes local residents, expatriates and holidaymakers visiting Torremolinos throughout the year.

Furthermore, the premises come fully furnished and equipped, offering incoming tenants the opportunity to continue with the existing lounge bar concept. Any changes to the operation would remain subject to the relevant licence and necessary permissions.

For clients considering a lounge bar for sale in Torremolinos, we recommend arranging a personal viewing. This will allow prospective tenants to assess the interior, terrace, equipment and surrounding trading area.

Brief Summary

We can provide additional information about the business and help interested clients understand the lease transfer process before making any commitment.

Disclaimer

NB – IMPORTANT INFORMATION:
All information and descriptions provided are based solely on details supplied by the seller. We strongly advise all clients not to enter into any agreement without engaging a qualified legal representative to conduct a full due diligence on the business and to review the new lease agreement to ensure it is fair, favourable, and fully compliant with Spanish law.

Property Information

Real Estate:

Lease

Lease Terms:

This lounge bar is offered on a secure lease contract.
The monthly rent payable is currently set at 745 Euros + IVA.

Living Accommodation:

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

Location:

This lounge bar is situated in the ever popular area of Pueblo Blanco and La Nogalera which is located in the centre of the holiday resort and coastal town of Torremolinos.

Premises Details:

This long established lounge bar is fully furnished and equipped and will only require new owners personal style.

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

Business Operation

Competition / Market:

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

Reasons for selling:

The present owner of this lounge bar after seven successful years has decided in a change of work direction.

Trading hours:

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

Years established:
Over 35 years

Other Information

Support & training:

Bar in the Sun offers their clients an unrivalled pre-sale and after-sales customer support service for any of their needs and requirements. The business introduces clients to previous buyers who have purchased a business from them. This enables new clients the opportunity to freely talk with former buyers who are now running their own business here in Spain.