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Business For Sale. Disco Bar 7am License 24 Hour Sq. Benalmadena. Costa Del Sol.

LISTING DETAILS
Firms For Sale ID:
27837
Vendor reference:
SB1423
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
€69,950  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Great Disco-Bar, well established, fully operational and very well priced!
Located in the famous 24 hours Square that attracts literally hundreds of tourists, and locals, wanting to spend exciting, fun filled nights, with the opportunity to meet holiday partners and drink and dance until dawn.
The Disc Bar has approximately 100m2 and can easily accommodate over 100 customers, the premises are being sold fully furnished and equipped with all fixtures and fittings including full Air Conditioning, Powerful Extraction System, 8 Plasma Televisions , 6 Bottle Fridges, Tables and Chairs, Smoke Machine, Laser Machine, Projector, DJ Booth, Disco Lights, Cigarette Machine, 2 Pool Tables.
The presentation and decoration is considered to be one of the best in the area.
There is a large and very popular terrace furnished terrace of approximately 25 m2 this area gets packed in the summer months.
Most importantly this Bar/Disco is the only premises of its type in Twenty-four Hour Square with official and fully legal trading discotheque license until 7AM.
The operating license allows opening from 10 AM in the morning until 7 AM the following morning!
90% of bars in the Square, and the surrounding areas, have to legally close at 2AM weekdays and 3AM weekends, the local Police enforce this rule vigorously, and this results in this popular Bar/Disco, on many occasions, having to refuse clients entrance from 1AM as it is packed!
In the season and winter weekends, many Discotheques Bars charge 10 Euros on the door after 11.30 PM, one nights door takings in the summer months would cover the rent with ease for no extra effort except the employment of a qualified doorman.
This is a fantastic opportunity to purchase a well-established business with a high level of turnover.
Also, in the Winter Months this Bar is the most popular venue for locals in Benalmadena, only open at weekends it still derives excellent takings.
This is a true year around business unlike many that tend to close from November to March.
Experienced core staff are happy to stay if needed.
Initial 10 year fully renewable lease contract at 1900 Euros monthly.
Offered fully operational and with staff if needed at 89,950 Euros.
Disco Bars, with fully legal 7AM music permits, are very difficult to find on sale and the majority are expensive this is a unique, one off, opportunity not to be missed!
This is not only one of the best established working businesses in the square it is the best priced!