F1699 Freehold €345,000 - Other Business
This business has been built up over several years, currently operating 158 various machines. 130 of these are currently located in bars and hotels on a profit share basis between SotoGrande and Nerja. That is a 160 kilometre stretch of the Costa del sol with our base right in the middle at the town of Fuengirola, so the hard work has all been done and you will be returning a profitable income from day one.
The main part of the business is coin-operated pool tables, then these are complemented with the addition of other coin-operated machines. We keep our games/machines in top condition, most of the machines are new “and/or kept looking like new” while any pool tables starting to show any serious signs of wear are generally sold on and replaced with new.
Although the general running of the business could be undertaken by one person, moving items such as boxers or pool tables generally need assistance from another person. Currently, I employ 1 person full time to look after service calls and any basic maintenance needed for the running of the business. This would be a great business for someone interested in pool as they can be involved in something they enjoy, adding the involvement in running a small pool league in the town we are based in. You will, of course, get access to trade suppliers with leading name pool table suppliers in the UK and other countries etc. so you would be able to purchase trade direct from manufacturers and not 3rd parties.
We also undertake work on tables for private homes, work such as recovers of privately owned pool tables along the coast, as well as sales of tables to private homes.
This business currently consists of the following machines:
Pool tables: 97 (81 currently sited)
Snooker tables: 2 (2 currently sited)
Football tables: 17 (13 currently sited)
Air hockey: 3 (3 currently sited)
Electronic darts: 6 (4 currently sited)
Jukeboxes: 12 (11 currently sited)
Pinballs: 2 (2 currently sited)
Claw Gruas: 1 (1 currently sited)
Various other snack/nuts machines and kiddies rides: 18 (18 currently sited)
(Purchasing the above machines alone, would require an investment of over 200,000 €)
Our warehouse is rented on a monthly basis for a small rental.
There are 3 vehicles included in the assets, the business currently has no debt other than payments left on 1 of the 3 vehicles which has been purchased under a leasing plan a Kangoo Combi ends Dec. 2019. Monthly payments on this vehicle is small and will be owned by the company at the end of the leasing plan with a 1000€ final payment. The second vehicle is 3yr old Kangoo Van used for service calls while the third vehicle is paid for and is used to transport “move” machines.
We have a professional looking website that brings in customers for profit share, private sales and repairs, this along with “word of mouth” from our customers are our two main sources of new customers.
Starting to build a “profit share” business from the ground up is a major undertaking, it can take several years just to reach a point where you can even take a wage! If you are interested in having a profit share business renting out pool tables, jukeboxes, football games etc., then the best way to start… is to purchase an established profit share business such as this one, that is already making money.
This is well run and respected company on the Costa del Sol where the owner has a good relationship with all of his clients.
This business is not like buying an average Costa del Sol type of business, you would be stepping into a business that is already making money and without any liabilities! This business is running with contracted customers who are other businesses, they deal with the public who are their customers… you just need to carry on with the same! This business does not rely on the tourist trade, the majority of revenue comes from local punters throughout the year, although tourists do boost any income in the summer months.
Serious Enquiries Only
It is important to understand that if you don’t think you are capable of very basic DIY skills such as being able to stapling cloth on table cushions for example, then this business is probably not for you!
Further information available upon request, please contact seller below for more details.
To gain further financial information regarding this business the interested party should be available to meet in Fuengirola, Spain.