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Unique Business In Tenerife For Sale

Tenerife, Spain
Asking Price:
€99,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Under €100K
Net Profit:
Under €50K

Opportunity !

The refill station for cylinders for divers from Tenerife is for sale. The business is unique in Tenerife. It is the only Refill station on the island.

The station has all the necessary authorizations for functioning under legal conditions !!!

With over 9 years of activity, the business is well established on the market, offering services to a considerable number of diving centers in the south of Tenerife, which ensures a reasonable profit.

In the last 6 years, substantial investments have been made, thus the loading capacity is 140 bottles/5 hours; the whole installation authorised according to the latest regulations of the Ministry of Industries.

The business is simple to manage; it does not require experience in the field (professional training lasts 2-3 days). We ensure a know-how transfer period of 7-10 days.

Currently the business is administered and managed by 2 people (husband and wife).

Another advantage is that it is not necessary to have knowledge of the Spanish language, intermediate level English is sufficient at the beginning.

The sale includes:

- 3 compressors; (1 manufactured in 2017 (300 bar); 2 manufactured in 2014 200 bar)
- 1 Nitrox membrane, manufactured in 2017
- 12 50L air storage cylinders 300 bar;
- Van Renault Master 2017;
- loading ramps;
- The Technical Project of the entire Installation in use;
- All the documents necessary to carry out the activity.

The rent for the space is only 550 euros/month ( subject to certain conditions )

The space where the activity is carried out has around 90 m2, and is adapted for this business. Meeting the conditions imposed for this type of activity, with new electrical installation for example, authorized for Power over 35KW, height over 3.5m, and others.

An advantage is the fact that the van can be entered inside, facilitating the unloading and loading of cylinders.

We have Diving Centers (famous on the Island), to which we have been offering services since the opening of the Station (for 8-9 years). As long as you continue to offer a quality service, they will definitely remain clients of the Station. Of course, we also have Centers that were established in recent years. In general, 2 new Centers are opened annually on the island.

The price of 99,000 euros is valid for taking over the business after October 1, 2024

The recent appearance of a medical problem has led to the decision to sell the Business.
The price of 110,000 euros is a very low price compared to the amount invested in this business.

Property Information

Real Estate:

Lease

Leasehold Rent:

€7,800 per annum

Business Operation

Expansion Potential:

there are prerequisites for business development

Competition / Market:

Unique business in Tenerife !

Reasons for selling:

health issues

Employees:
2
Years established:
9

Other Information

Support & training:

Yes

Furniture / Fixtures value:
€60,000 - included in the asking price
Relocatable:
This business can be relocated.