- Advert ID: 341941
- (Seller ref: CO-251)
Boom Town Supermarket For Sale
- Location:
-
- Spain
- > Canary Islands
- > Tenerife
- > Tenerife
- Category:
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Summary
- Asking price:
- €132,000
- Sales revenue:
- €220,000
- Net profit:
- €90,000
- Years established:
- 1 year with current owner
Business description
A family run mini market catering for a British but also an international holiday and residential market. Current takings are excellent and showing a steady improvement as the population of this up and coming area increases. With 5 to 6,000 self-catering apartments in this development the potential for increased profits over the next few years is enormous. Takings were a very healthy 32,000 Euros for August 2006.
Property information
- Real Estate:
- Lease
- Lease terms:
- 1500 Euros per month, 10 year contract.
- Location:
- In an up and coming area with lots of building going on.
Other information
- Expansion potential:
- Wait while they build more apartments. More premises next door available for rent.
- Competition / Market:
- Not much competiton as long as they keep providing english goods that the big supermarkets don't stock
- Trading hours:
- 8am til 8.30 pm
- Website:
- www.tenerifebusinessforsale.com
Contact the seller
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- Spain
- > Canary Islands
- > Tenerife
- > Tenerife
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