A rare opportunity to acquire a long-established car hire business and well-respected estate agency, together with considerable assets, located on the main street in the centre of Playa de las Américas, Tenerife.

The businesses have been operating since 1986 and have built a strong reputation among both local residents and international clients.

Both businesses are fully licensed and compliant with the relevant regulatory requirements for estate agencies and car rental businesses in the Canary Islands.

The businesses are operated with a lean structure and are considered easy to manage for an owner-operator or partnership. Established systems and procedures are already in place, and full training and handover can be provided to ensure a smooth transition to the new ownership.

Car Hire Business

The car hire business has a long-standing and loyal customer base, with repeat clients throughout the year. It has built an excellent reputation for providing convenient, personal and customer-focused service, offering an alternative to larger and more impersonal rental operators.

The business currently operates a fleet of 30+ vehicles, all of which are owned by the company rather than being held under conventional fleet rental arrangements.

The business has significant potential for further expansion by introducing additional vehicle categories, such as:

Luxury cars
Ford Mustangs
Convertibles
Campervans
Motorcycles

The business benefits from an established customer base and excellent social media reviews.

A freehold garage, valued at €60,000, is included in the sale price.

Estate Agency

The estate agency is highly respected and has sold more than 1,000 properties over the past 40 years, establishing a strong base of returning customers.

The agency focuses primarily on the sale of existing properties in the south of Tenerife to international clients.

The main-street, ground-floor office benefits from excellent visibility and a steady flow of passing customers, providing valuable exposure and an excellent marketing opportunity.

There is also significant potential to expand the agency’s activities by introducing additional services, including:

Holiday rentals
Key-holding services
Property maintenance coordination

Premises

The recently renewed lease, running until 2036, provides a stable operational base for the next 10 years.

The monthly rent is €4,650, with €1,850 in monthly sublease income, resulting in a net monthly occupancy cost of approximately €2,800.

This long-term lease arrangement provides clear cost predictability and operational security.

Fleet and Business Assets

The sale includes:

30+ owned vehicles
Freehold garage, valued at €60,000
Fully fitted and operational office
35-year-established banking relationship
Company bank account with approximately €20,000

Legal Structure

The reason for the sale is the retirement of the owners after 40 years in business.
Spanish Limited Company (Sociedad Limitada / S.L.) established in 1993.
100% of the company shares are offered for sale for €530,000.
The shares can be purchased by several persons or investors.
Under certain conditions, there is also the possibility of purchasing 50% of the shares, with one of the existing owners remaining involved in the company for the coming years.
The existing Limited Company can be used for a wide range of other permitted business activities.
The company has been certified by the Spanish Tax Office and Social Security authorities as being fully up to date with its tax and other statutory obligations.

Sale Price

100% of the shares: €530,000

This represents a unique opportunity to acquire two established and complementary businesses in a prime location in Playa de las Américas, Tenerife, with a substantial asset base, an established customer network, long-standing reputation, and significant potential for further growth.

Price: €530,000	Status: For Sale	Location: Las Americas
Reference: 3015	Ownership: Leasehold	Monthly Rent: €4,650

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Long-Established Car Hire Business and Estate Agency – 3015