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Sports Bar In Benalmadena 17 Years Same Owners For Sale

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

his certainly is a very reluctant lease sale. At a very realistic and modest price a lucky new owner will acquire one of Benalmadenas most popular and well known bars and one where serious profits can be made.
Recently refurbished and redecorated it offers a totally turnkey opportunity where a new owner can simply open immediately without the need for any further financial investment.
Very rarely does a bar of this quality and with such a sound proven trading history become available especially at such a great price. With such a lot of buyer interest already we do not expect it to be available for long so to avoid disappointment we urge suitably financed serious buyers to contact us quickly to arrange an appointment to view.
The bar is surrounded by masses of residential and holiday let apartments, the owners of this lovely bar have for the past 17 years served the local community and holiday makers offering a friendly, welcoming, high level of service that has established a great reputation and lots of loyal repeat custom, plenty of goodwill for a new owner to inherit.
Outside of the extremely busy holiday periods where the bar achieves high and impressive takings, the bar attracts plenty of local custom to watch live sports and socialise, they also have 2 pool teams that compete in the local winter time pool league so there is always plenty going on during the normally quieter winter months.
The beautifully presented, modern and recently refurbished, air-conditioned interior has the capacity to accommodate more than 20 seated customers. It contains a pool table and fruit machine that return a good steady extra income stream. At the rear of the property there are two refurbished toilets and a fully tiled separate room that is used for storage and which can be utilised as a cold kitchen ideal for the preparation of popular bar snacks and light meals.
At the entrance to this great bar there is a fantastic and enviable sunny terrace which is most certainly a magnet for custom, approximately 35m2 in size it can be extended to seat more than 60 customers. The owners have installed a retractable all weather canopy over part of the terrace which acts as a natural extension to the bars interior and allows this valuable space to be used throughout the year.
This lovely themed Sports Bar is perfectly proportioned for a couple to operate with staff at peak times or a working family or partnership sharing the hours.
Viewing is highly recommended.
The monthly rent on this bar is a reasonable 1.000 euros plus Vat however the very decent and accommodating freeholder has reduced the rent to just 700 euros plus vat until the effects that the pandemic has had on tourism ease.
To acquire this business at the very best price and to receive an unrivalled estate agency service before, during and after sale contact Karl at KS Costa Estates who has been brokering lease purchases for international clients on the Costa del Sol for 18 years, and as seen on A New Life In The Sun and Bargain Loving Brits In The Sun.
· Long established themed Sports bar.
· Top location in a busy and popular pedestrianized square.
· 17 years same owners.
· Plenty of goodwill and repeat custom.
· Year round trade available.
· Sunny terrace with seating available for 60+ (and no terrace tax to pay!).
· Fully refurbished.
· Cold kitchen possibility.
· Fully equipped to a high standard.
· 10 minutes walk to the beach.
· Surrounded by masses of holiday let and permanent homes and close to many hotels.
· Low rent and overheads.
· Books to prove a high income available after a viewing has taken place.

Property Information

Real Estate:

Lease

Lease Terms:

Full lease contract.
Monthly rent on the current contract is 1.000 euros plus Vat however due to the current situation the very fair property owner has reduced the rent to 700 euros + vat.
NO terrace tax to pay.
Community fee of 47 euros per month.
NO property rates to pay.

Living Accommodation:

There will be a choice of long let accommodation close to this bar

Location:

Very popular square in Benalmadena.
This bar is surrounded by apartments that are used for holiday lets or permanent homes therefore there are plenty of potential customers very close to your door!

Premises Details:

60m2 interior size
35m2 sunny terrace
Fully equipped
Air-conditioned interior
Potential for a cold kitchen

Business Operation

Trading hours:

The license permits this bar to open at any time during the hours of 06.00 until 02.00hrs, there is also an extra hours extension until 03.00hrs at weekends and public holidays.

Years established:
17 same family owners

Other Information

Support & training:

The very best of support, help and advice will be given - if you choose us as your agent then you will have the experience of Karl who has been selling bars and businesses here on the Costa del Sol for over 18 years

Contact KS Costa Estates

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