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International Bar Sports Music Cocktails Special Licence For Sale

Mijas Costa, Malaga, Spain
Asking Price:
€29,950 Inventory / Stock included
Sales Revenue:
€250K - €500K
Cash Flow:
€50K - €100K

Direct from the freehold owner.

Full fitted ,refurbished and ready to open. Surrounded by international restaurants with no other entertainment or pre/post dinning lounge bar.

The music /cocktail /sports bar with special licence and extra opening hours in the heart of the Costa.

65, 000 € spent on total soundproofing and testing to obtain its very special " Bar Con Music " Licence. Together with over 40,000 € of equipment and dimmer controled lighting, wooden floors, aircondtioning /heating modern furnishing and decor and an amount of stock means that for a lease payment of just 29,950€ €, plus a returnable fitting and fixtures deposit and 1 months rent you could be opening your own business tomorrow, a business unique to this area of the Costa del Sol.
With over 145 meters square of licenced floor area plus 100 meters of storage,this is the ultimate party bar.Its special licenced means you can open untill 4am on weekends and holidays , 3am during the week and still reopen after 12 midday for the Live sports crowd .holidays.The Bar is very much multifunctional with a lighting system that can be changed at the press of a finger to create and produce many different atmosperes from "Disco" to "Fashion Show", "Ladies after Lunch Coffee" to "Cocktail Girls Night out", "Live Bands" to "Wine Tasting", "Afternoon and Evening Live Sports" to "Early Morning Parting and Dancing", "Karaoke Party" to "Champagne and Pizza Party" and the list goes on and on. Because of its special Music licence, total soundproofing and two level design it one of the most versitile Bars on the coast.
Its limits of income are only restricted by the imagination and energy of the new owners.
The large storage area gives the capacity for a selection of draft beers,largers and cider with all barrells and coolers away from behind the bar giving the room for staff to serve the two levels from the central bar. The business is on two levels with a 10 meter frontage that opens directly on to the walkway of the main boulevard of Sitio de Calahonda. The business is highly visible from passing traffic and the pedestrian walkway gives walk in access to the bar and also services foottraffic to the beach ,650 meters, the heart of the urbanisation which comprises of residential properties, tourists complexes, hotel complexes, 250 meters, and second home apartments and villas.
Sitio de Calahonda is one of the largest urbanisations in the heart of Mijas Costa and is midway between the town centres of Marbella and Fuengirola and close to the seaside village of La Cala de Mijas.

Purchase the "LIFETIME " lease for only 29.950 €. Yes LIFETIME, not 5 years and pay again,,not 10 years and pay again. The lease is yours for 99 years and is totally resaleable if and when you wish.

A refundable, fixtures, fittings and equipment guarantee of 6000 € is also required.
The monthly rent is 1.950 €.

Basic Details
145 square meters of licenced floor area.
Direct pedestrian access.
Toilets, invalid toilets .
Basement storage with upright freezer, fridge, ice freezer
Pizza oven and microwave
Bar with bottle and wine coolers
Computer till
Glass washer
Coffee machine
4 televisions
Sound system
Computer music selection
8 dimmer light cuicuit
3 phase electricity
Air conditioning
Tables and chairs
Glasses,cutlery, plates, etc.etc.

Lines of credit with local suppliers can be arranged and introduction to a local accountant who will handle all your personal and business requirements that are necessary under Spanish law.

Not only is Mijas-Costa a good area for business it is also a beautifull place to live with long term rents of two bedroom accomodation with gardens and pool from 600 € a month.

Replies to this listing will go directly to the Freehold owner who will reply to all questions and supply further details personalIy.

Property Information

Real Estate:

Lease

Location:

Both businesses are double fronted directly onto the Main boulevard, Urbanisation Sitio de Calahonda, Mijas Costa,Malaga This urbanisation is one of the largest on the Coast and is heavily populated the year round and easily accessible for clients from both Fuengirola and Marbella. The residencial population is mainly Spanish, British and Scandinavian whilst the tourists are mainly from Europe, Scandanavia and the British Isles.
Both Businesses are double fronted on the main walkway down to the beach which is approximately 650 metres away.

Premises Details:

Both Businesses are fully licensed in accordance with all 2021 rules and regulations.
The Restaurant has 145 square meters all at pavement level. It consists of storage room, toilets (including disabled), fully fitted commercial kitchen, 3 dining areas and a bar. Its double frontage has sliding glass doors giving the restaurant terrace and interior dinning. It has 3 phase electricity and is air conditioned.
The Bar has 145 sq,mtrs. all at pavement level, with a bar area and on another level , 3 steps different in height a lounge area . The one bar serves both levels . There is a basement storage area of 200 sq. meters accessed from the bar and running below both businesses

Size in square feet:
5274 sq.ft.
Planning Consent:

Both businesses have individual opening Licences that cover all up to date legislation

Business Operation

Expansion Potential:

The restaurant has enjoyed sufficient income in only opening 6 evenings a week year round and Sunday Lunch in the months December to May.
However a lunch time clientele could immediatly be created with little or no additional staff and even a late breakfast trade as only 1 other food outlet in the area is open before midday.
The Bar has mainly been open as a late night venue ( special licence allows opening till 3am during the week and 4am at weekends ) but has a vast potential for daytime business with a Local Pub clientel,a cocktail,a pint and a pizza, some live sport. Summer in air conditioned comfort and winter with warm wooden floors,coffee and a brandy.

Competition / Market:

There are variouse Bars and Restaurants within walking distance however as a restaurant with a European/Mediterranean menu it would have no competition and
the Bar with its special licence and soundproofing has no compitition.
One advantage of the two businesses adjoining is that they feed off each other and compliment each other , one attracting and sharing clientele with the other. The Bar does not have a kitchen but does have two pizza ovens for snack food and special events or private events can be catered for from the restaurant kitchen. Also groups that want to start off with drinks and end up with a party at the Bar can book tables at the Restaurant for a meal with conversation in between.

Reasons for selling:

Both businesses are again under the owership of the Freehold owner who is now retired and although will give the new owners every assistance possible, he has now not got the age or enthusiasm for the day to day activity of business.

Trading hours:

The Restaurant license allows opening from 8am till 2 am.

The Bar licence allows opening from12 Lunchtime to 3am weekdays and 4am weekends and holidays.

Employees:
0

Other Information

Support & training:

The freehold owner is looking for a new tenant/ tenants who would create the same level of success previously experienced and to this end would offer all the help, advice and assistance necessary.
Inclusive of introduction to accountant,suppliers,printers etc.

Contact Tudor Developments S.A.

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