Other Businesses For Sale in Mijas Costa, Malaga
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Description
Pool Bar and Apartment Management Business.
This rare and quite unique opportunity seldom come to the market, as long as you are business minded and hard working then this low cost investment could provide an excellent living for years to come. Located in an exclusive and up market urbanization close to the sea between Marbella and Fuengirola. The complex of 180 homes is set in manicured tropical gardens boasting 3 swimming pools, including child friendly pools.
The spacious Bar Restaurant has three entrances and is set in the middle of the gardens, it has total rights to serve around the pools. Large patio areas with sun beds provide guests with a lovely area to sun themselves and spend a day around the pool. The building is of a rigid construction conservatory style allowing for excellent ventilation and creating a relaxed summery feel. The complexes community allows two nights full music entertainment. The bar has rights to open every day from breakfast time to late all year round. Some further fixtures and fittings are required to maximize the full potential of the property which can seat 40 in a dining area plus there is space for a pool table and other attractions for the kids. A large central oval bar has further bar stool seating and an open kitchen area has extraction in place. The monthly rent on the bar is just 600 euros – unbelievable especially considering that the second established business of property rental and management can be operated from an integral office, ideal to meet and greet arriving holiday makers and foregoing the need and extra expense of renting or buying outside office space.
At present, and which can easily be increased, there are approximately 40 holiday properties contractually managed. The management Company established for 7 years benefits from several streams of income and the present owners are looking to expand into sales and furnishings. Approximately 25% of rental income is retained with extra income realized through maintenance, car hire, cleaning (cleaning team is in place), excursions and taxis. A loyal multi lingual employee, subject to terms, could stay with management business if required. The management Company has undergone severe restructuring under the new owners which should result in smooth running and increased profits. Clients are generated from 3 of Spain’s leading travel agents creating excellent occupancy levels of the properties. A new website is under construction and a new owner could have input at this time. The majority of the rental properties are within the private community which has full security and garden maintenance.
This really is a genuine, viable and profitable opportunity and in the right hands could be a real money maker whilst working in a lovely environment.
The price, which includes both the management Company and Bar contract, is exceptionally attractive, especially in comparison to other similarly priced businesses.
Must be viewed to fully appreciate what is on offer.
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