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*Reduced* Modern Reformed Cafe Lounge Bar In Fuengirola For Sale

Fuengirola, Malaga, Spain
Asking Price:
€59,950
Turnover:
Available on request
Net Profit:
Available on request

Lease Price: Now 59,950€ was 64,950€
Monthly Rent: 1,530 + iva

This stunning, recently reformed cafe lounge bar is located in a perfect high street location. Surrounded by similar businesses, holiday lets, residential properties and close to several hotels. With only a few minutes walk to the beach and 5 minutes stroll to the train station, this modern and trendy cafe lounge bar has recently undergone a 40,000€ total refurbishment project. Businesses like this rarely come up for sale and we highly recommend anyone looking for an upmarket business to contact us to arrange a viewing.

On entering the 100m2 interior through the glass sliding doors, there are 10 tables that can seat 45+ customers. The modern and trendy decor is evident throughout. The main serving bar has been tastefully created with plenty of shelving for the display of wine, spirits, shots etc. To comply with local legislation, the current owners have installed a disabled-friendly toilet and reduced height bar area. The kitchen is part of the 40,000 investment and now has an extractor system installed so you can now prepare and sell "hot" food to the general public.

The terrace area measures approximately 10m2 and has 4 tables and seating for 14 customers. Located on a main high street this terrace area is consistently full. There are also a further 2 terrace areas which can seat another 20+ customers!

Please note there is a returnable 6,000€ deposit which we have included within the asking price to enable you to budget. This modern and trendy cafe lounge bar is being sold with a 5-year renewable lease. Having undergone a full refurbishment which is evident throughout our photos, we highly recommend all interested parties to contact us today to arrange a formal viewing. Sold fully equipped and furnished, opportunities like these do not present themselves often. Be quick, this is a top class business and will sell soon!

• Superb cafe/lounge bar.
• 40,000€ reformation investment.
• Great High Street location.
• Close to the beach and train station.
• 100m2 interior.
• 10 tables seating 45+ customers.
• Disabled friendly toilet & bar area.
• Glass sliding doors.
• 10m2 terrace area.
• 4 tables seating 14 customers.
• Additional terrace areas seating 20+ customers.
• Returnable 6,000€ deposit included in the price.
• Fully furnished & equipped.

*** Bars Abroad are commercial transfer 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 you 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 under Spanish law regarding the purchase of your business and that all licences are in place before 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 our help. More often than not this is when other agents fail to live up to their promise, but not Bars Abroad! Remember we have recently been that new owner and know first-hand how important it is to have that support! We will stay with you and guide you for as long as you need us – at no charge. In fact, throughout all of our time working for you, you will never pay us a cent!

If you are considering 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! ***

Finally and importantly, we guarantee you can not buy a business cheaper than what you can with us. A few different agents are working in our area, however, we always get our clients the best deals available - usually up to 500€ less!

NB. The details in the above description have been supplied by the current vendor. Bars Abroad advise all potential buyers to complete a due diligence process before committing to a legal agreement.

Property Information

Real Estate:

Lease

Lease Terms:

This business is offered on a 5 year lease contract.

Leasehold Rent:

1,530 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 a perfect high street location, surrounded by similar businesses, holiday lets, residential properties and close to several hotels.

Premises Details:

• Superb cafe/lounge bar.
• 40,000€ reformation investment.
• Great High Street location.
• Close to the beach and train station.
• 100m2 interior.
• 10 tables seating 45+ customers.
• Disabled friendly toilet & bar area.
• Glass sliding doors.
• 10m2 terrace area.
• 4 tables seating 14 customers.
• Additional terrace areas seating 20+ customers.• Returnable 6,000€ deposit included in the price.
• Fully furnished & equipped.

Size in square feet:
The interior is approximately 100 m2 and the terrace area is 10 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 to concentrate on other business interests.

Trading hours:

The licensed operational hours are from 7am to 2am 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 Bars Abroad

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