Commercial for rent in Puerto Rico, Mogán, Gran Canaria

Shisha bar business for sale (traspaso) for 199.000 euros with highly profitable investment potential, located in the busiest tourist area of Puerto Rico. Unbeatable location at the exterior part of the Puerto Rico Shopping Center, next to the main street, Tomas Roca Bosch. Direct access from the street, also accessible for disabled guests. There are numerous hotels and all types of businesses nearby. This means you're in the heart of the city's activity, with exceptional tourist and local traffic.

The premises, where the business is run, are approximately 50 square meters (constructed) and have two terraces. The interior consists of a kitchen, bar, storage room, two toilets and an area for tables/chairs etc. Whoever takes over the business must rent the premises. The monthly rent is 2.200 euros. The bar has been renovated, is well maintained and fully equipped. The current tenant is renting parts of the terrace from the community for €250 per month to maximize the business's potential. Currently, it has approximately 54 seats.

The transfer includes:

- A stable, repeated, and loyal customer base. The business has had a solid growth every year since the start.

- Valid licenses and recent health inspections. The opening time license is from 6:00 a.m. to 2:30 a.m. The current tenant´s opening hours are from 6:00 p.m. and 2:00 a.m. This means there is significant profit potential during the remaining hours as well.

- A quality concept with an excellent reputation and 5 stars on Google. (Brand, style, atmosphere, music, shisha and cocktail menu, etc.)

- Shisha recipes, cocktails, etc.

- Access to music/event collaborators.

- Access to suppliers and negotiated prices. (No debts with suppliers.)

- Access to a rental agreement with an affordable rent. The current rent is €2.200 per month.

- All furniture and inventory belonging to the current tenant: Refrigerators and freezers, all kitchen appliances, televisions and equipment, stereo system, computer, cash register, cabinets, shelves, TV box, awnings, sofas, armchairs, chairs and tables, lighting, LED lights, all decor, crockery, glasses, and loose items in general. Shishas. Fire extinguishers, etc. Inventory belonging to suppliers: Coca-Cola refrigerator, a small juice cabinet, and the beer tap. The pool table, dart board, and tobacco machine also belong to an external company, but they pay a percentage of the income to the current tenant. These agreements can be transferred. (Generally, fixed inventory belongs to the landlord. Although it is not included in the transfer price, it can be used.)

- All stock on the premises on the day the transfer is formalized.

A list of the inventory will be provided to you in the transfer agreement.

The monthly community fee for the premises are 308 euros. In addition to that the taker of the traspaso must pay: water, electricity, garbage fee, insurance and rent of the community terrace in case he wants to use it. Deposit: 2 months of rent.

The person/company wishing to take over the transfer must be assessed and accepted by the owner of the premises. Their solvency, among other things, must be demonstrated.