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Established and Profitable Property Management and Real Estate Agency for Sale near Nerja €549,000


Current Price: €549,000
New Price:
Rate data provided daily by European Central Bank
M2
100
Monthly Rent
500

Established (15+ years) property management business & real estate agency with +/- 450K turnover and +/- 150K profit and growing year on year leasehold business for sale in The Costa Tropical (Granada) in a fantastic beach town.

With over 130 local properties to sell and just over 50 rental properties mostly on exclusive arrangements and in constant rotation this business is the area leader, the office is located just on the seafront facing the sea so it gets noticed by lots of passing traffic.

The business is on the market as the owners have been doing it for over 8 years and want to slow down a little, the business has been growing at a faster rate lately due to the improving economy and their longstanding reputation.

The sales price would include the entire portfolio, database of the clients, two websites, branded vehicle, furniture and materials associated to the business, assignment of lease as well a transition period by the sellers for the new owners to be completely comfortable with the business before they stay on their own (so no previous experience required). The office space is about 100m2 with a 5 year renewable lease for 500/month.

This is a great opportunity to move over to sunny Spain and enjoy a better quality of life while at the same time buying into a business that is established, easy to manage and with a great return on investment yet growing year to year.

As the business is quite well known a phone conversation and an NDA (confidentiality agreement) will be required from any prospective buyer before more information can be released over.

Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor's agents Business Broker Spain.

Business Broker Spain will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.


BB6805L
Nerja, Malaga
Spain
Sale Type: For Lease
Ref #: BB6805L
M2
100
Monthly Rent
500
Lease Term
5 years
Years Established
15+
BB6805L
Nerja, Malaga
Spain
Sale Type: For Lease
Ref #: BB6805L

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Non-Circumvention and Non-Disclosure Agreement

Between the following Parties:

Business Broker Spain SL (CIF: B54646153) and trading as Business Broker Spain and with registered Head Office: 10 Calle Arquitecto Urteaga 03730 Javea, (Alicante). Spain (hereafter ‘the agent’);

1.The Discloser intends to disclose information (the Confidential Information) to the Recipient for the purpose of purchasing any business introduced to you through by Business Broker Spain.

2.The Recipient undertakes not to use the Confidential Information for any purpose except the Purpose, without first obtaining the written agreement of the Discloser.

3.The Recipient undertakes to keep the Confidential Information secure and not to disclose it to any third party except to professional advisers who need to know the same for the Purpose, who know they owe a duty of confidence to the Discloser and who are bound by obligations equivalent to those in clause 2 above and this clause 3.

4.The undertakings in clauses 2 and 3 above apply to all of the information disclosed by the Discloser to the Recipient, regardless of the way or form in which it is disclosed or recorded but they do not apply to:

a )Any information which is or in future comes into the public domain (unless as a result of the breach of this Agreement); or

b) Any information which is already known to the Recipient and which was not subject to any obligation of confidence before it was disclosed to the Recipient by the Discloser.

5.Nothing in this Agreement will prevent the Recipient from making any disclosure of the Confidential Information required by law or by any competent authority.

6.The Recipient will, on request from the Discloser, return all copies and records of the Confidential Information to the Discloser and will not retain any copies or records of the Confidential Information.

7.Neither this Agreement nor the supply of any information grants the Recipient any licence, interest or right in respect of any intellectual property rights of the Discloser except the right to copy the Confidential Information solely for the Purpose.

8.The undertakings in clauses 2 and 3 will continue in force for 2 years from the date of this Agreement.

9.This Agreement is governed by, and is to be construed in accordance with, Spanish law. The Spanish Courts will have non-exclusive jurisdiction to deal with any dispute which has arisen or may arise out of, or in connection with, this Agreement.

 
BB6805L
Nerja, Malaga
Spain
Sale Type: For Lease
Ref #: BB6805L

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