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Seventeen Years Established Popular Sports Bar For Sale

Benalmadena, Malaga, Spain
Asking Price:
€44,950
Sales Revenue:
Available on request
Cash Flow:
Available on request

Lease Price: 44,950€
Monthly Rent: 700€ currently + iva

We are delighted to have been chosen by the lease owners to sell their 10 year lease. Established for over 17 years, this family has owned bars and served Benalmadena since 1989! Recently refurbished and located in a very popular square in Benalmadena and surrounded by similar businesses, holiday lets, residential properties and hotels, we believe this established sports themed bar will sell quickly!

The interior of this 17 years established sports themed bar measures approximately 60m2. Refurbished this year to offer a modern and welcoming decor, you will find 4 tables and seating for 15+ customers, however, there is room for more tables and chairs. The main bar area is towards the front and has a shutter that opens out to the terrace area where a television has been installed that shows sports from all around the world. Towards the rear is a pool table that generates a lot more revenue and also a gaming machine. The toilets which have also been recently renovated, a storeroom and an area that could be used as a cold kitchen for snacks, tapas etc area are at the rear of this sports themed bar.

The official terrace area measures approximately 35m2 which can be extended to 50m2. Here you can have 16 tables that can seat 60+ customers! One of the largest terraces in the area! Importantly a full all weather canopy has been installed with a retractable roof to offer shade from the long hot summer months and protection from the cooler days. A bonus with this large terrace is there are no terrace taxes to pay!

This long established sports themed bar is being sold fully furnished and equipped, making it one of our turnkey opportunities in Benalmadena. The rent is a low 700€ per month and we are told by the present owners that they believe this will continue until May next year before reverting to the original rent of 1000€ per month. We invite you to browse through our photos and for all serious buyers please contact us to arrange a formal inspection to get a better understanding of the opportunity that awaits the new owners. Be quick, this will sell soon!

*** Bars Abroad are commercial estate 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 yourselves 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 licensed in accordance with Spanish law regarding the purchase of your business and that all licenses are in place prior to 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 help. More often than not, this is when most agents help goes missing as they have received their commission and you are no longer making them money!
Bars Abroad 110% oppose this as we know you really need our help Remember we have recently been that new owner! We will stay with you and guide you for as long as you need us no charge. In fact throughout all of our time working for you, you will never pay us a cent as it is the seller who pays our commission.

If you are serious about 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 a10 year renewable lease contract.

Lease Rent:
€700 per sq ft 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 a very popular square in Benalmadena

Premises Details:

- 17 years established.
- 10 year lease.
- Great location.
- Recently refurbished.
- 60m2 interior.
- Air conditioning.
- 35m2 official terrace.
- Possibility to extend to 50m2.
- 16 tables seating 60+ customers.
- Furnished and equipped
- Full all weather canopy.
- Retractable roof.

Size in square feet:
The interior is approximately 60 m2 and the terrace area is 35 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 their business due to a change in personal circumstances.

Trading hours:

This business is licensed as a cafe/bar, which allows the operational hours to be from 7 am to 2 am 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:
17 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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