- Bedrooms: 0
- Bathrooms: 0
- Built: 160m2
- Energy Rating: In process
- Air Conditioning
- Parking space
LEASEHOLD FOR SALE: 25.000€. A fantastic opportunity to take over an established business in the superb Sophia Centre, La Regia / Cabo Roig.
Tone-A-Cise is a power assisted gym and beauty centre.
Boasting 12 power assisted exercise machines, vibration plates, exercise bike and refreshment bar serving coffee, tea, water and smoothies.
Opening Monday to Friday from 8.45am until 3pm and with over 40 members this superb opportunity is perfect for someone looking for a great work / life balance.
Offering real job satisfaction and brilliant customer interaction this opportunity can be personally and financially rewarding.
The centre also offers a beauty parlour, nail saloon and hairdressers (gents and ladies) and massage therapists.
There will be a 5 year lease available for the new business owner.
The shop was refurbished in 2021. All new shop signage was produced and installed in 2021.
The premises have air conditioning, cctv and double glazing.
The new owner will also be provided with all social media channels.
There is a real opportunity to grow the business.
WHAT IS A TRASPASO?
This unfamiliar term is best described as the "buying price for a business lease". It is an up-front payment paid by a new tenant to a previous tenant (or his agent) for the goodwill of a business AND / OR the equipment, furnishings and decoration in a business property for rent/lease. A traspaso is a business investment. In some cases the new tenant buys both the goodwill and the equipment of a business.
BUYING THE GOODWILL (ONLY) OF A BUSINESS: When you buy the goodwill (only) of an ongoing business, the contract will specifically state that you are receiving the property fully furnished. Later you have the right to sell the goodwill of the business (not the equipment) under the same conditions to a third party at a price agreeable to you both, so the price you pay for a traspaso is a genuine investment, with the potential to sell at a profit.
BUYING THE LEASE OF A CLOSED BUSINESS PREMISES: In this case you are technically buying the equipment and have the right to sell that equipment. Obviously the equipment does not include floors, walls, ceilings, bar, doors, electrical or plumbing installations but does include kitchen equipment, display cabinets, pictures, memorabilia, air conditioning, cook wear, cutlery, crockery, tables and chairs. This contract should NOT say that the property is fully fitted because this implies that it should be returned in the same condition.
If you buy a closed business premises, and you turn it into a going concern, then, you can then sell this (equipment) traspaso together with the goodwill you have created, to another at a far greater price than you originally paid.
A traspaso like rent should be officially paid with an invoice and is subject to IVA at 21%. You can use that invoice to reclaim that IVA and to reduce the tax paid by your business.
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