Commercial real estate for sale in Sant Andreu 105m²

Street retail Ready-made business for sale in a densely populated area of Barcelona. Surroundings: residential area - an area with high population density, official BMW dealer, La Maquinista shopping center, several sports complexes, city library, public transport stops, including Sant Andreu station. The ready-made business is represented by the main monopolist in the sale of tobacco products - Estanco, with 16,000 points throughout Spain. Business indicators for 2023: turnover: 2,263,000 €, revenue: 230,000 €, net profit: 145,000 €. Thus, in 2023 the profitability was 27.9%. The business's revenue consists of two parts: 55% from the outlet itself and 45% from the tobacco machines, which the business supplies to 25 different bars and restaurants in Barcelona. The premises with a total complexity of 105 m2 consists of 3 three floors: main floor: 43 m2, second floor: 31 m2, third floor: 31 m2. The second and third floors are used as warehouses, however, they are separate cadastral units and can be converted into apartments. the moment the ownership of the business is transferred, a license to sell tobacco products is also transferred for 30 years and, in addition, a license for lottery activities. Sant Andreu is a residential area with a high population density, where mainly native Barcelona residents live. Often, local residents do not even leave San Andreu, since all the necessary infrastructure for living and working is well developed here: parks, sports facilities, 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 stores 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.