Homes and Businesses for Sale in Costa Del Sol
Established Since 1997

Shop For Sale in Torremolinos, Malaga

Reference
LTM2561
Asking Price
56,000 EUR ( £44,643 approx. )
Property Type
Shop
Region
Malaga
Town
Torremolinos
Type of Purchase
Rental
Lease term
Year by year
Monthly rent
1960€
Interior size
60

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Description

This is a great business and ideal for one or two people to operate. Trading from a good sized well presented air conditioned shop on one of the Costa’s most trodden seafront paseo’s , only 3 metres from beautiful beaches on the outskirts of Torremolinos, in a tourist resort which fairs well during the winter months and is absolutely buzzing during the tourist season.

The shops wears are aimed at the tourist trade with a large carefully selected affordable stock with watches, bracelets, rings, necklaces, bags and belts the most popular lines, ideal for easy packed take home presents and momento’s. The shop is also known as a Nail Bar which the owners wife operates as a further side line and another valuable stream of income.

The present owner of 3 years now fancies a change in vocation but is willing and offers a lengthy period of help and support after change over, which goes to show and confirms that the business and vendor are genuine.

During the short winter period the shop opens from 10am until 6pm and during the summer from 10am until 3pm and from 6pm to sometimes midnight, such is the popularity of this quaint once fishing village now given to beach bars, restaurants and holiday let apartments and hotel accommodation.

The vendor indicates a very healthy annual turnover of between 120.000 to 160.000 euros with a very high net profit margin.
The sale includes stock with a retail value of between 25.000 to 30.000 euros, also included in the price are all fixtures, fittings, jewellery display units, racking, serving counter and much more.

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