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SELECTION: For sale, Palma, Palma City, Non Catering

Drinking Water Systems and Dispensers Business for Sale in Mallorca

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Sales Price:
Currency convertor € 295,000
Rental Price:
Currency convertor € 900
Transaction:
For Sale/For Rent
Business Type:
Non Catering
Term:
5/10 Year (subject to agreement)
Tenure:
Leasehold
Area:
Palma
Reference No.:
b3450
View:
NA
Location:
Palma City
Front line:
NA
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Reference No.: b3450
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For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures according to your needs.

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Property Description

Existing stock, spares, filtration and operating vehicles valued at more than 125,000 Euros are included within this purchase price. This stock position should allow the new owner to operate with no additional running expenses for some considerable time to come.
The client database in operation is coupled to a sophisticated direct debit banking system, offering the new owner an income stream from day one!
The organisation is run from quality offices with a custom made service centre already established and fully equipped within those premises.
Opened in 2000 the company already operates in both the residential and commercial sectors across the island - yet still offers a tremendous opportunity for continued expansion.
With a wide variety of systems available - there is a product to match every potential client.
A full and complete hand over is offered, together with a total training program for the new owner.
Equally existing staff are happy to remain in place - allowing the new owner to solely focus upon expanding the market share.
All the systems available offer ‘state of the art’ filtration packages with some even offering both hot and cold dispensing options, together with natural pure water - which is always on tap.
CONCLUSION:
Whilst this business offers an excellent and dependable income, it would be fair to say that management is no longer driving the business forward. The Managing Director and founder no longer lives in on the island - having left to return to the UK in 2009. It is worthy to note that any business which operates in a predominantly tourist region and yet is able to deliver a reliable income 12 months of the year is extremely rare - particularly when staffing levels are so very low. It could prove an exciting opportunity for a new management team to grow the venture, without worrying about wages and all the running costs as they are already covered from the existing income stream. Growth could be gained from guidance and direction as opposed to ‘hard labour’- as all the systems are already in place.
 


 
 

Business Finder Comment:
This is a unique opportunity to take over this successful, well established business with a proven track record, professional set up and exceptional income figures.

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