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Leasehold Seafront Profitable Bar/Restaurant for sale. €85,000

  • Location Location Location!!!
  • Seafront bar/restaurant in busiest boardwalk
  • Profitable & high ROI
  • Fully licensed and 100% of sales declared!
  • Established (two decades)

Business Broker Spain is excited to present such a rare opportunity of a fabulous sea front bar/restaurant located in Benalmadena. Located in a prime location and with potential to increase trade as the owners do not work it full time and travel several times a year.

When the owners first bought this bar it was on leasehold format, yet now they own the freehold as well as an apartment in town and can boast about having travelled all over the world, thanks to this little bar which is an easy manage, desirable lifestyle business with financial upside.

Owners will remain as landlords and make sure the transition goes smoothly (introduction to community, suppliers, regulars as well as guidance on how to succesfully manage the business and if you are not a great cook, that too!), while the owners prefer selling only the business as a leasehold they will entertain selling the freehold at a premium.

The bar has a total of about 120m2 (50m2 inside & 70m2 outside) with two staff (besides the two owners) and nets a healthy income and an even better net owner’s benefit which would recoup the total investment rather quickly, and that is if they continue to run the bar as is (relaxed manner).

About Benalmádena Costa

Benalmádena is a town in Andalusia in southern Spain, 12 kilometers west of Málaga, on the Costa del Sol between Torremolinos and Fuengirola. It caters for a large number of tourists, and is also home to the 33 meter tall Buddhist Benalmádena Stupa.
Benalmádena is the eighth most populous municipality in the province and the third largest metropolitan area, behind Málaga and Torremolinos. The population is concentrated in three main centers: Benalmadena Pueblo, Arroyo de la Miel and Benalmádena Costa, although the high urban growth and demographic tends to unify the three cores

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.

General Amenities
Interior Amenities

M2: 120
Type of Purchase: Leasehold
Monthly Rent: 1500
Interior Seating: 16
Expected Income: €180,000
View: Sea
Terrace Seating: 58
Years Established: 20
Benalmadena, Malaga
Region: Costa del Sol
Sale Type: Sold
Ref #: BB6720L