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Reformed Cafe/bar, Sought After Area In Benalmadena Costa For Sale

Benalmadena, Malaga, Spain
Asking Price:
€57,500
Sales Revenue:
Available on request
Cash Flow:
Available on request

Lease price: 57,500€
Monthly Rent: 1,300 + iva

Bars Abroad have the pleasure to have been instructed by the current lease owners to sell their recently reformed cafe/bar. Located in what is regarded as one of the most sought after areas in Benalmadena, surrounded by holiday lets/ residential properties and in an area where there are similar businesses, the owners of this currently trading and popular cafe/bar have decided to sell their lease to concentrate on other business opportunities. Indeed, very rarely do you see businesses come up for sale in this area.

The interior of this superb cafe/bar measures approximately 90m2 and at present has 7 tables with seating for 40+ customers and plenty of room for further tables and chairs. On entering, the main serving wrap-around bar area is certainly a feature of this modern cafe/bar. There is plenty of rear shelving for the display of spirits, shots, wines etc and includes fridges, a coffee machine plus many more fridges and freezers throughout. The kitchen area is at the rear of the bar area and is equipped to cater for the traditional British menu. You will also find further fridges and freezers, dish and glasswashers. There is a large serving hatch looking back out towards the bar area.

The decor throughout is modern, stylish and inviting and can easily be adapted for most themes. There is also a disabled-friendly toilet installed along with a baby change and towards the rear is a further area that could be adapted for a sports area/chill-out zone or kid's play area. A further storage cupboard can also be found here.

The terrace area measures approximately 21m2 and has 7 tables and seating for 20+ customers. A drop down canopy has been installed on one side to offer shade during the long hot summer months. Parking spaces are running the length of the road, a supermarket, a complex above with over 300 apartments and even given this fantastic location the beach is only a 5-minute stroll away!

This popular cafe/bar had a refurbishment a couple of years ago with an investment of 60,000€ and comes fully furnished and equipped. Indeed the new owners will own all the furnishings and equipment, which makes this a fantastic financial opportunity for the new owners as they are buying a fully operational business, in an area that is regarded as the "place to be" and can continue to trade almost from day one. We invite you to browse through our photos and highly recommend all interested buyers to contact us today to arrange a formal inspection to see the opportunity that awaits the new owners.

- Recent 60,000€ reformation project.
- Sought after location.
- Close to the beach.
- 90m2 interior.
- 7 tables, seating for 40+ customers.
- Large wrap-around bar area.
- "Hot" kitchen.
- Storage.
- All furnishings and equipment are included in the price.
- Disabled friendly toilet.
- Baby change.
- 21m2 terrace area.
- 8 tables and seating for 20+ customers.
- Fully furnished and equipped.

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!

*** 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! ***

Property Information

Real Estate:

Lease

Lease Terms:

This business is offered on a 5 year renewable lease contract.

Leasehold Rent:

1,300 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 what is regarded as one of the most sought after areas in Benalmadena, surrounded by holiday lets/ residential properties and in an area where there are similar businesses.

Premises Details:

- Recent 60,000€ reformation project.
- Sought after location.
- Close to the beach.
- 90m2 interior.
- 7 tables, seating for 40+ customers.
- Large wrap-around bar area.
- "Hot" kitchen.
- Storage.
- All furnishings and equipment are included in the price.
- Disabled friendly toilet.
- Baby change.
- 21m2 terrace area.
- 8 tables and seating for 20+ customers.
- Fully furnished and equipped.

Size in square feet:
The interior is approximately 90 m2 and the terrace area is 21 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 3 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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