Commercial for rent in Las Palmas de Gran Canaria, Gran Canaria

A well-known company in the Canary Islands is offered for sale, with more than 50 years of experience in the manufacturing, installation, and maintenance of garage doors. The company, established as a market reference, primarily works for homeowners' associations and property managers, providing it with high stability and recurring income through ongoing maintenance contracts.

Over decades, it has built a solid reputation, a wide portfolio of loyal clients, and an efficient operational structure, ensuring business continuity from day one. It is a solvent company, debt-free, and active in Gran Canaria, Fuerteventura, and Lanzarote.

The sale is due to the owner's retirement, making this operation an excellent opportunity for both investors seeking a stable and profitable business, as well as companies in the sector or service groups looking to expand in the Canary Islands by incorporating a business with recurring income.

The business is sold for 300,000 euros. Additionally, the seller has two premises with an approximate area of 165 m2 each (distributed over ground floor and basement) with a selling price of 150,000 euros for each premises. In case of acquiring only the business, the owner rents each premises for 1,000€/month.

This is a unique opportunity to acquire a mature, profitable business with a solid base of recurring income, with growth possibilities through professionalization, service expansion, and the additional advantage of being suitable for the realization of the RIC.

Expenses and taxes are not included in the price. As a guideline, in second transmissions, the buyer will pay the Property Transfer Tax (ITP), whose general rate in the Canary Islands is 6.5% on the taxable base, which will be the highest value among the purchase price, appraisal, or cadastral reference value. Notary and registration fees: approx. from 700€ (fees vary according to price, number of copies, and complexity). The buyer freely chooses the notary. The seller assumes, by law, the expenses that correspond to them, unless otherwise agreed. If a mortgage is needed: Appraisal, conditions, and banking costs according to the entity chosen by the buyer; as well as the management fees and any other expenses inherent to the formalization of the sale.