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Very Stylish Cafe Bar In Fuengirola Port For Sale

Fuengirola, Malaga, Spain
Asking Price:
€35,000 Furniture / Fixtures included
Turnover:
€100K - €250K
Net Profit:
Available on request

Extensively reformed to the highest standards only 6 months ago, this modern café bar has established an excellent reputation with both locals and tourists alike.

Situated in Fuengirola Port, it benefits from consistent passing trade all year round, plus additional revenue from regular live music and theme nights.

The current owners have paid exceptional attention to detail, using high quality materials to ensure it is one of the smartest bars in the area, attracting a very good clientele. They have solid 5 star ratings on both TripAdvisor and Google and a very respectable Facebook following.

The usable customer area inside is 11sqm with stools and barrels and a handmade, unique high quality bar. Table seating is for approx. 20 on the enclosed terrace with a floor area of 22sqm and additionally there is sofa seating for 10 on the outside terrace with a floor area of 15sqm. This also benefits from a full height toldo for use when necessary. There is full disabled access and CCTV.

The business currently has use of the same terrace space again at the adjoining premises which are closed. They are paying the terrace tax on this, but its continued use cannot be guaranteed.

Equipment is also of the highest standard including brand new plumbing and electrics, new freezers and dump fridge, 2 new microwaves, Panini machine, coffee machine, wine display fridge and large screen TV for sports.

The well-equipped kitchen has full extraction.

At the moment it only trading from 4pm so there is much scope to expand this turnkey business.

The lease is currently 2 years with the option to extend to 5+5 or unlimited, rent is €600 per month plus retention and terrace tax of €3 per day.

Property Information

Real Estate:

Lease

Lease Terms:

5 + 5 years

Leasehold Rent:

€7,200 per annum

Location:

Second line Fuengirola Port

Size in square feet:
64

Business Operation

Expansion Potential:

Extension of trading hours

Reasons for selling:

Family commitments