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Reduced Established Popular Cafe Business Ten Year Contract For Sale

Fuengirola, Malaga, Spain
Asking Price:
€32,950
Turnover:
Available on request
Net Profit:
Available on request

This business is located in Fuengirola on a main road and very near to the train station. This cafe/bar is regarded as one of the oldest tea/coffee bars in the Malaga province. It has recently been totally reformed to offer both a modern and relaxed style combined with an international and chic theme taking you from America to the UK and from France to Morocco via India! This cafe/bar business is being sold leasehold and direct from the owner for 33,950 with a monthly rent of 1,200€.

The interior measures approximately 95m2 and at present has 16 tables that can seat more than 70 customers. The financial investment for the refurbishment project is clear to be seen and the style of decor is from around the world, there is a fantastic brick effect main bar area with rear shelving for the display or spirits, shots and a wide selection of over 60 choices of teas and coffees. To the side of the main bar is the kitchen area where the current owners make their famous milkshakes, wraps, salads and a wide choice of food options. Please note this kitchen area does not have an extraction system and therefore are not permitted to cook food that emits smoke or fumes.

As you make your way towards the rear of the bar, passing through the French quarter and Moroccan area you reach the part of the bar that is furnished with an Indian theme. With no shoes allowed, customers are invited to sit and enjoy some food or a cool refreshment. There is also a storeroom and the toilets are as expected... modern and themed. The ceiling has been soundproofed and the vast amount of equipment and furnishings are all included in the lease price.

Bars Abroad invite you to look at the photos to get an understanding of this business, however, we urge anyone interested to contact us as soon as possible to arrange a complete viewing of this fantastic opportunity. The owner has also committed to offering 1 month training for a smooth handover. Being located on the main road, close to the train/ bus station, near many residential and holiday apartments this is one of the best businesses on the market today!!

*** 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 10 year fixed lease contract.

Leasehold Rent:

1,200 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:

Located in Fuengirola on a main road and very near to the train station.

Premises Details:

- 10 year lease.
- Direct from owner.
- Main road location near train station.
- 95m2 inside.
- Totally refurbished.
- Established and popular.
- 16 tables seating 70+ customers.
- High quality equipment and furnishings.
- Cold kitchen area.
- Air conditioned.
- Soundproofed ceiling.
- No terrace area.
- Fully equipped and furnished.

Size in square feet:
The interior is approximately 95 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 a change in personal circumstances.

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 6 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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