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Little Goldmine With Low Rent In Benalmadena For Sale

Benalmadena, Malaga
Asking Price:
€29,500 Furniture / Fixtures included
Sales Revenue:
€100K - €250K
Cash Flow:
Under €50K

This cafe bar is located very close to the beach and enjoys an elevated position with views of the Mediterranean sea. The previous owners have built up a fantastic reputation within the last few years to the point where you have to make a reservation to guarantee a table in the evening. Awarded the Trip Advisor, "Certificate of Excellence" this year, this cafe bar can only continue to be a little goldmine for the next new owner.

The inside measures approximately 35m2 and during the winter has 4 tables that can seat around 14 customers. This cafe bar has a modern and classy decor and the main bar area has an attractive rear shelving for the display of spirits, wines, etc. In keeping with the professional image and reputation that the current owners are renown for, they also operate with a handheld food and drink ordering system that goes directly to the bar and kitchen... all included in the sale! The kitchen is located at the rear and has all the equipment that is necessary for most styles of menu. During the summer you will find 3 members of the team here which is more than some other businesses with larger premises! Again this shows just how busy and popular this business is.

The terrace area measures approximately 40m2 where there are a minimum of 12 tables seating 30+ customers. Importantly there are side awnings for protection against the weather elements for when required. With views of the sea, this is a lovely area where customers can relax, eat and drink whilst watching the world pass by.

Recently totally renovated and refurbished it is well known that this business generally can "turn" the tables 3 times during the summer months and twice in the winter. This cafe bar comes fully furnished and equipped and is only being sold due to other family commitments. With an extremely low rent given its location and more than fairly priced, Bars Abroad do not expect this cafe bar to be for sale for long and recommend anyone interested to call early to arrange an official viewing.

Property Information

Real Estate:

Lease

Lease Terms:

This cafe/bar is offered on a 5+5 year renewable lease contract.

Leasehold Rent:

500 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:

This cafe bar is located very close to the beach and enjoys an elevated position with views of the Mediterranean sea.

Premises Details:

- Only 29,950€
- Low monthly rent of 500€.
- Recently refurbished.
- Fantastic reputation.
- Licensed as a cafe/bar with kitchen.
- Located in an elevated position.
- 35m2 interior with 4 tables seating 14.
- 40m2 terrace with 12 tables seating 30+
- Side canopy awnings on terrace.
- Fully furnished and equipped.
- Certificate of Excellence 2019.
- Unlimited potential.

Size in square feet:
The interior of this cafe/bar is approximately 35 m2 and the terrace area is 41 m2.

Business Operation

Competition / Market:

Because of the busy location, this front line Benalmadena café/bar has a variety of competition from bars and restaurants, and provides the new owners with a trading business that has plenty of potential.

Reasons for selling:

The owners of this café bar 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 cafe/bar is ideal for a couple or business partnership.
Years established:
This business is currently open and trading as a cafe/bar for over 2.5 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 Information

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