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Language School : Fuerteventura, Canary Islands For Sale

Puerto del Rosario, Fuerteventura
Asking Price:
Under €100K Furniture / Fixtures included
Turnover:
Under €100K
Net Profit:
Under €50K

English Language School established 25 years

Prominent position in the island capital.

Presently run as a part time lifestyle business with the owners teaching and assisted by another part time teacher and receptionist.

Teaching hours 4 – 8pm, Monday – Thursday. 40 weeks per year.

Turnover €70,000 – 80,000. This business provides us with a net income of €35,000 - 40,000 per annum.

Leasehold premises, rent of €628 per month. Four classrooms, reception area, cloakroom and store room.

Price is €65,000 to include furniture, teaching materials, computer, AV equipment etc.

Ongoing support could be available if required.

Property information

Real Estate:

Lease

Lease Terms:

ongoing

Leasehold Rent:

€7,500 per annum

Business Operation

Reasons for selling:

Retirement

Trading hours:

4pm - 8pm four days a week.

Employees:
2 p/t
Years established:
25

Other Information

Support & training:

Yes

Furniture / Fixtures value:
€8,000 - included in the asking price
Relocatable:
This business can be relocated.

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