Business Finder

Even if you are searching on the Internet you may have to spend hours or days to find businesses that look promising. Estate Agents are not business specialists even if they are selling a Hotel, B&B, Restuarant or a Bar. Estate Agent speak may lure you to many unsuitable Businesses and in most cases Estate Agents are blissfully unaware of Operating Licences necessary for the business they are showing you.

After spending all this time finding a place, you then need to negotiate a price. If you cannot agree the right price, you have to start all over again. It is no wonder people buy in a rush because they have a deadline to return home hence live to regret it or pay over the odds.

Buyers who do not live locally have no idea of what is a good price and what revenues and profits should a particular type of business generate. They make value judgement based on the prices and business models at their home country and local area. This is a big mistake as what appears to be cheap back home, is probably overpriced over here!

We know what local prices should be and what is constitutes a Good Value in Costa del Sol, and frankly that is why Estate Agents do not much care for Business Finders as they want to maximise their commission by selling the property at highest possible price and as quickly as possible.

We work for you and in fact are incentivised to achieve the exact opposite. We negotiate hard on your behalf and make sure you are aware of all costs such as any Renovation costs, Repairs, Operting Licences, potential Legalisation Costs, Employment Contract Obligations and other costs you should be aware of.

We have all heard and seen all those stories about buyers falling for illegal builds in Spain and how they have lost their lifelong savings. There are plenty of similar stories about the businesses people have bought.

No matter how many businesses you have owned in your own country, laws and legal issues are not universal across all countries even those within the EU. More importantly Spain is run as a Federal country, hence planning regulations and business operting conditions are devolved. This means it is different Region by Region. Andalucia has one of the toughest regulations but also has the largest number of illegal builds and businesses operating without a licence, which sound counter-intuitive. However, it makes perfect sense. Planning laws are tough and process can take months and sometimes years. Operating licences are expensive and set up costs are high. This means many people either lose patience waiting or don’t even bother to apply for planning. All this is fine and dandy until you have an inspection or someone has an accident in your business and makes a claim against you.

Our Business Finder Service is designed to reduce the risks, lower costs of ownership, and ensure low stress process before, during and after the purchase. We check the Deeds, Planning Records, Operating Licences, and provide the kind of advice Estate Agents and their “Associated” lawyers will never utter. We give you the full picture and you make the decision.