How to buy a ready-made business in Barcelona, ​​Spain

Is it worth purchasing a ready-made business in Spain instead of starting your own from scratch? What is money being invested in today and what kind of income can you expect? How to check the selected option and make the purchase correctly?

What type of ready-made business can be purchased in Spain?

In Spain there is a whole market of ready-made businesses that can be purchased. The most frequently offered:

• Stores of various sizes and with a varied range of products
• Cafes and restaurants, including fast food establishments
• Beauty salons and similar establishments
• Hotels and hotel complexes
• Apartment buildings that rent out housing for various periods, etc.

How to check a company before purchasing

In this regard, there is only one key piece of advice that can be given: be sure to consult with specialists. Before purchasing, you must fully ensure that the company has no hidden debts to suppliers, contractors, personnel, tax authorities, the social insurance system and other contractors.

You will likely need the help of professional lawyers, accountants and auditors. However, do not neglect consultations with local experts working in related fields, such as the purchase and sale of commercial real estate. They can usually predict the potential flow of visitors and clients in a selected location, as well as assess the rental potential of a property based on its location and characteristics.

How to properly process the purchase of a ready-made business in Spain

In Spain, anyone, including foreign citizens, can purchase a business as long as it is not under sanctions. To complete the transaction, you only need two documents: a passport and a foreigner identification number (NIE).

The transaction is formalized in three instances: at the notary, at the tax service and at the register of commercial enterprises. It is best to seek help from professionals, since transactions with the founding rights of companies in any country have their own characteristics and nuances.

Ready-made business in Spain and Traspaso transactions (business transfer)

A business and the premises it occupies are two different things. Sometimes the property is sold separately, along with the tenant. In other cases, companies that generate income but do not own their own premises are put up for sale. Such transactions in Spain are called "traspaso".

It is worth noting that “traspaso” is a unique phenomenon for Spain, which has no analogues on the Russian market. The resale of leasehold rights in question indicates a stable and healthy market. This means that the owner will not have problems with future tenants.

Probably the best choice for those who have recently moved to Spain or want to start a business in this country but plan to manage it remotely is to invest in a commercial property with a tenant. GG Real Estate Barcelona offers you to familiarize yourself with its closed catalog of ready-made business offers, including properties with tenants.