Music and Disco bars for sale in Benalmadena Costa

REF: SB1017

Property Type: Music and Disco bars

Type: Music and Disco bars

Reference: For Sale

Location: Benalmadena Costa

Price: 190,000Euros

Description

Do Not Miss This Opportunity!
Luxury Disco Partnership offered with full management control and no interference in day to day operation.
Benalmadena’s most luxurious disco with a 600-client capacity and takings in excess of 6000 Euros nightly with potential to expand to afternoon theme discos.
Spanish freehold owner has several other discos and bars plus other enterprises but does not speak English and he wishes to make this particular venue a pure UK style operation. All the other discothèques in this top day and night time tourist area are Spanish run and operated so there is a huge opportunity to capture the UK younger tourists who make up the highest proportion of tourists and there are 3000 ex pats living in the immediate area.
The location considered by many, to outshine Puerto Banus and certainly has a higher visitor ratio and constant extensions are being made to improve the already fantastic facilities that include restaurants, bistros, shops, bars & disco bars and several professional discotheques with this property being considered one of the best.
Interior décor, sound system and customer facilities are of the very best and exterior terraces add extra revenue.
It is essential that an interested party has experience of running large discos/entertainment venues and can provide references. Preferred age would be between 35 and 55 and he/she should be in a position to give their full time energy to the partnership in return for which they will receive 45% of revenues after the deduction of overheads, which they will be managing, so will be fully aware of outgoings at all times.
This freehold venue is valued at over 2,000,000 euros so it should be understood that this agreement is only 40% of financial profits generated but providing all goes well this will be a long-standing agreement that will return many thousands of euros!
As evidence of commitment a 190,000 Euro investment will be required by the owner, this to discourage time wasters, he wishes someone with experience willing to operate without supervision and maintain the present high level; of income and increase.
190,000 Euros investment for 40%.

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