BUSINESS DESCRIPTION
Spanish Bars listing:
Dont miss this great opportunity to acquire a very successful one-of-a-kind business. During its first year it has had an impressive turnover and has every possibility of a very bright future ahead. Selling highly valued signed and frame photographs and documents are gathering both national and international collectors on a regular basis. Anything from beautiful film stars, football heroes, artists and royalties can be found in this interesting shops shelves.
Since this is the only one of its kind here in Spain, clients come from near and far to buy from the exclusive stock. Some Arabian and Italian investors even come on a regular basis to spend a small fortune, seeking for true collector items. The business has been very successful and has had a turnover of some 350.000 60.000 from charity work in its first year. The company is considering Madrid and Barcelona for possible future expansion.
The premises is 60 m2 in size, the stock is valued to 100-150.000 and the leasehold price is offered at 395.000. There is also an option of buying 50% of the business, please contact us for further details. The current owner will of course stay onboard and help the new owner with all necessary contacts, support and initial start-up. Two staff is sufficient to take care or the shop, the rest of the work has to do with tracing the right collectors items and getting them certified.
Normal opening hours summer: 11am 11pm
Normal opening hours winter: 12am 9pm
Leasehold price :395,000 or 50% for 50% ownership.
Lease years: 5 years renewable.
Rent : 3.775