Commercial property 105 m² in Spain, Spain

A ready-made business is on sale in a densely populated area of Barcelona.

Environment:

• residential area is a high-density area;
• official BMW dealer;
• shopping center La Maquinista;
• several sports complexes;
• city library;
• public transport stops, including Sant Andreu Station.

The finished business is represented by the main monopolist in the sale of tobacco products - Estanco, which has 16,000 points throughout Spain. 2023 Business Performance:

• turnover: 2.263.000€;
• revenue: 230,000€;
• net profit: 145,000€.

Therefore, in 2023, the profitability was 27.9%. Business revenue consists of two parts: 55% of the point itself and 45% of the tobacco machines that the business supplies to 25 different bars and restaurants in Barcelona.

The room with a total complexity of 105m2 consists of 3 three floors:

• main floor: 43m2;
• second floor: 31 m2;
• third floor: 31m2.

The second and third floors are used as warehouses, however, they are separate cadastral units and can be converted into apartments.

At the time of transfer of ownership of the business, a license to sell tobacco products for 30 years and, in addition, a license for lottery activities are also transferred.

Sant Andreu is a high-density residential area with predominantly native Barcelona residents. Often, local residents do not even leave San Andreu, since all the necessary infrastructure for life and work is well developed here: parks, sports institutions, language schools, libraries, offices, shopping centers and even a train station.

Estanco is an absolute monopolist in the sale of tobacco products, which has 1,725 points throughout Catalonia and 16,050 points in Spain. The first shops selling tobacco products in Spain under the Estanco brand appeared back in 1634. The average turnover of just one point is about 2 million euros per year.