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| YOUR FREE GUIDE TO SELLING A BUSINESS OR BAR IN BENIDORM & SPAIN |
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| Bars for sale in Benidorm - Albir Bars for sale - La Cala Finestrat bars for sale - Benidorm Restaurants For Sale |
| Spain Business Guide Selling A Bar In Spain Business Transfer Agent Benidorm & Costa Blanca Spain FREE advice for everyone |
A guide to selling your Benidorm business.
It is essential to obtain the best price and market your bar, café or restaurant to the
right people who are activley looking for a business in Spain. Our two sales sites
average 9,000 page views every month from over 2,000 potential buyers looking to
buy in this area. At any time we have have on average 20 active serious buyers
wishing to buy within the next 6 to 12 months in Benidorm and surrounding areas.
PLEASE DO NOT OVER PRICE IN THE CURRENT ECONOMIC CLIMATE
IT IS THE NUMBER ONE REASON FOR NOT FINDING A BUYER QUICKLY
THE AVERAGE SELLING PRICE FOR A SMALL CAFE BAR TODAY IS UNDER 30,000€
This is important if you are selling through us.
1. Should you sell your business to anyone introduced by us in the form of a private
sale our fees will still become payable on the date of completion.
2. Should a person or persons introduced by us who at a later date approach you to
make a private sale our fees will again be payable on the date of completion.
YOU ARE OF COURSE FREE TO SELL THROUGH OTHER AGENTS OR PRIVATELY
YOU ARE ONLY BOUND TO US WHERE A BUYER IS INTRODUCED BY US
DIRECTLY. ALL BUYERS ALSO SIGN A CONTRACT WITH US TO AGREE THESE
TERMS BEFORE WE SHOW THEM ANY BARS FOR SALE.
So How Much do we charge?
There is a set fee of 3,000€ plus 2% (equal to 200€ per 10,000€) of the final sales
price on completion of a sale. We believe that we should be paid on results therefore
we offer one of the best fee structures for selling bars on the Costa Blanca. If your
bar eventually sells for less the fee reduces accordingly. And we cannot say farer
than that! Please contact us for full details of our fee structure. You will be happy how
low this can be when compared to other leading agents, especially if you are selling
a small lower priced bar. Minimum sales fee is 3,000€ negotiable.
SOLE AGENCY
We can offer lower sales fees if you prefer sole agency.
Below you will find some pointers to think about before putting your premises on the
open market. This will maximise viewings by potential buyers.
IMPORTANT The first impression a buyer will have is usually when entering your bar
it is vital therefore that you are able make a good impression which shows your
business well. Please remove all clutter and have the business looking like it is
open and ready to serve customers. First impressions are so important. It is also
vital that we are able to take decent images of you bar for the same reasons.
It is essential to obtain the best price and market your bar, café or restaurant to the
right people who are activley looking for a business in Spain. Our two sales sites
average 9,000 page views every month from over 2,000 potential buyers looking to
buy in this area. At any time we have have on average 20 active serious buyers
wishing to buy within the next 6 to 12 months in Benidorm and surrounding areas.
PLEASE DO NOT OVER PRICE IN THE CURRENT ECONOMIC CLIMATE
IT IS THE NUMBER ONE REASON FOR NOT FINDING A BUYER QUICKLY
THE AVERAGE SELLING PRICE FOR A SMALL CAFE BAR TODAY IS UNDER 30,000€
This is important if you are selling through us.
1. Should you sell your business to anyone introduced by us in the form of a private
sale our fees will still become payable on the date of completion.
2. Should a person or persons introduced by us who at a later date approach you to
make a private sale our fees will again be payable on the date of completion.
YOU ARE OF COURSE FREE TO SELL THROUGH OTHER AGENTS OR PRIVATELY
YOU ARE ONLY BOUND TO US WHERE A BUYER IS INTRODUCED BY US
DIRECTLY. ALL BUYERS ALSO SIGN A CONTRACT WITH US TO AGREE THESE
TERMS BEFORE WE SHOW THEM ANY BARS FOR SALE.
So How Much do we charge?
There is a set fee of 3,000€ plus 2% (equal to 200€ per 10,000€) of the final sales
price on completion of a sale. We believe that we should be paid on results therefore
we offer one of the best fee structures for selling bars on the Costa Blanca. If your
bar eventually sells for less the fee reduces accordingly. And we cannot say farer
than that! Please contact us for full details of our fee structure. You will be happy how
low this can be when compared to other leading agents, especially if you are selling
a small lower priced bar. Minimum sales fee is 3,000€ negotiable.
SOLE AGENCY
We can offer lower sales fees if you prefer sole agency.
Below you will find some pointers to think about before putting your premises on the
open market. This will maximise viewings by potential buyers.
IMPORTANT The first impression a buyer will have is usually when entering your bar
it is vital therefore that you are able make a good impression which shows your
business well. Please remove all clutter and have the business looking like it is
open and ready to serve customers. First impressions are so important. It is also
vital that we are able to take decent images of you bar for the same reasons.
- Always remember that it is a buyers market for small
businesses in Spain making over pricing the number one
reason for not making a quick or timely sale. - It is best to get the price correct rather than having to make
drastic reductions when your time scale to make a move has
passed. Sudden big reductions will be noticed by buyers - Fix any defects and redecorate - create a good image
- Allow up to 12 months to find a buyer
- Try selling sole agency for 4 months saving on high fees
- If you get no interest consider a small price reduction
- Never use sales jargon like " genuine reason for sale"
- Keep your books in order with till roll journals and stock
purchase receipts for potential buyers as proof of turnover. - If you do not keep any books you cannot expect to get a good
offer on your business. - When taking photographs clear out the clutter like mops and
buckets, empty bottles etc. - Always be up front about any potential problems that may
affect a sale if you have any. Undisclosed issues may cause
a sale to fall through at the last minute. Often problems can
be solved easily but as your agent we need to know so we
can help both you, your landlord and a buyer agree mutual
terms to ensure a smooth sale.
The amount you may need or wish for is not always a realistic value in todays
times we see a bar being sold at 60,000€ when it is in reality worth just 30,000€
where it remains for sale with no interested buyers. The economic climate means
you are unlikely to get what you paid for a bar 4 or 5 years ago so please do be
realistic on price.
As a rough guide in today´s market you should expect to sell your business for 3
times your annual profit. However other factors such as location, the state of the
property, the quality of fixtures and fittings (owned by you) and type of lease or rental
contract also determin the value attainable for your business.
The amount you originally spent on buying your business has no affect on the
value today, you should be aware of this and not expect to recoup your outlay unless
your business is trading with a healthy and proved profit. Buyers are more cautious
today and given the state of the economy everyone is looking for a bargain or whihc
there are many.
We look forward to assisting you to find a buyer for your business please contact
us for more information or just a chat. We are here to help find a buyer and
understand well how stessful selling can be. We deal with all the negotiations for
you and handle the stress too. Call us today for help and advice
times we see a bar being sold at 60,000€ when it is in reality worth just 30,000€
where it remains for sale with no interested buyers. The economic climate means
you are unlikely to get what you paid for a bar 4 or 5 years ago so please do be
realistic on price.
As a rough guide in today´s market you should expect to sell your business for 3
times your annual profit. However other factors such as location, the state of the
property, the quality of fixtures and fittings (owned by you) and type of lease or rental
contract also determin the value attainable for your business.
The amount you originally spent on buying your business has no affect on the
value today, you should be aware of this and not expect to recoup your outlay unless
your business is trading with a healthy and proved profit. Buyers are more cautious
today and given the state of the economy everyone is looking for a bargain or whihc
there are many.
We look forward to assisting you to find a buyer for your business please contact
us for more information or just a chat. We are here to help find a buyer and
understand well how stessful selling can be. We deal with all the negotiations for
you and handle the stress too. Call us today for help and advice
| 10am to 8pm ENQUIRES Land Line Julie 965 842 004 Mobile call or text Julie 635 263 696 Also Weekdays 9am to 4pm Dave 966 889 713 Email & Skype Click Here |
| Leaving Spain to Always Resolve Your Legal Commitments and Contractual Obligations Before You Go! You may find this article Leaving Spain of interest. If you are thinking about leaving your bar and returning home it is advised that you contact a Solicitor to ensure that you are released from your lease before you go. A simple cessation contract signed by your landlord can save you money in the future. Without this the Landlord will not be able to rent the property before a lengthy wait for the courts to terminate the lease. The cost of which may follow you to the UK! You must ensure that you not only get an agreement to end your lease, but also inform the Tax and Social Security that you are ending your business. If you do not you will still be liable for payments. The Spanish Tax authorities may chase you for unpaid Tax via the UK Tax system. |