Business in Mijas Costa Costa del Sol Spain

Business for sale in Mijas Costa

Fantastic Opportunity to purchase 2 Business´s for the price of 1 - Serious Offers Considered... Pool-side Bar/Restaurant and Property Management Business, SL registered. Situated in one of the Costa del Sol´s most popular holiday Urbanisations. This holiday home complex has 180 apartments, sub tropical gardens and 3 swimming pools. The Management Company has been established for 7 years and currently services approximately 43 holiday apartments and is expanding. Rental income per apartment is approximately 115 euros per night high season of which around 25/30% is retained with extra income coming from maintenance, car hire, cleaning, etc. The company employs one full-time multi-lingual employee who takes care of many tasks including marketing the business and general administration and there is also a small cleaning team. Holiday clients are generated via websites and Europe´s leading travel operators. This creates high levels of occupancy. There is an existing website but the current owners are engaged in constructing a new website. The pool side Bar/Restaurant is set in the centre of the complex with a large swimming pool and terrace area next to it. The large terrace and garden is a perfect setting to serve drinks and snacks all day long and to have BBQ´s during the evening. The terrace can seat approx 60 - 70 people. The bar has huge potential with some basic updating and a few pieces of new equipment in the open plan kitchen. The bar is approx 120sqm seating 40-50 people. Live entertainment is permitted on Friday and Saturday evenings, also extra income could be generated from a pool table and other entertainment machines for children. This is an ideal business opportunity for a large family or 2 couples. Viewing is essential to fully understand both businesses. The Bar/Restaurant rent is currently 600 € pcm with a 5 year renewable lease.

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