Total of 18659 firms and businesses for sale today Saturday 4th May 2024
Time to Sell or Time to Buy !

Pubs, Bars & Nightclubs Business For Sale

LISTING DETAILS
Firms For Sale ID:
27818
Vendor reference:
SB1385
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
€140,000  
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
BUSINESS DESCRIPTION
Fantastic Disco.
24 Hour Square, the best known night time location on the Benalmadena Costa and the subject of many TV live action shows, this is the place for night time action and any disco located in this area is a guaranteed money spinner with the hundreds of holiday makers and locals that pack the area all night through until 7AM daily.
True disco's rarely come on sale in this famous location but we have one of the longest established and best known available on a ten years renewable lease contract at a remarkable 2000 Euro monthly rent!
This fully reformed Disco has an official permit for 160 clients interior dance area plus a further 100 on the exterior terraces, in actual fact 200 interior clients are easily accommodated.
Decor and Sound system are 5 * quality with two-way tinted, sound proofed, windows, great air/can and smoke extraction and masses of top line speakers the atmosphere is electric!
Between the main bar, dance area and two exterior terraces and takings on Sunday nights alone can exceed 3,000 Euros.
All the normal Bar/Cafes in the immediate area, on the main road and side streets and places such as Bonanza Square, are legally obliged to close at 2 AM.
In Plaza Solymar, (24 Hour Square), there are 23 Disco Bars, all have permits to serve until 3AM and no longer excepting Four with 7AM serving permits, this Offered Disco Bar, is one of the Four Legally allowed to stay open until 7AM.
This legal Late Serving Permit results in two massive influxes of drinkers to 24 Hour Square, one at 2 AM and the other at 3 AM this Superb Disco is packed with its general clients from 11 PM then it is heaving from 2AM and again 3AM with the added crowds packing the area for late drinking!
The summer season weekly takings are in excess of 15,000 Euros weekly and some Saturday and Sundays, in high season holiday weekends, have reached over 11,000 Euros!
Businesses like this are difficult to find and this is the only one that has come to the market in this superb location, the size and quality combined with huge earnings make this a fantastic opportunity especially as it is the only Disco available in this main tourist area.
On main nights 5 or 10 Euros can be charged on the door this combined with an average spend of 20 Euros per client the calculation on takings are an easy calculation!
Another, unexploited potential, is the addition of several large Plasma Screen Televisions with the weekend Premiership matches, European and World Cup Qualifiers if this was introduced the weekend afternoon takings would be tremendous as there is nowhere in the resort that could possibly accommodate the same number of clients!
The monthly costs are negligible providing month on month high profits plus the opportunity to sell on at any time at a higher price gaining a great profit on the original investment.
The business complies totally with all the EEC regulations on disabled facilities and entrances.
The Discotheque Licence has just been renewed after compliance with all the new regulations demanded by the local authorities who are no longer issuing new Disco Licenses.
Ten year renewable lease contract at only 500 Euros weekly!
Offered at 140,000 Euros for one of the largest Disco Bars in the this the busiest of areas!
Fantastic opportunity!