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Businesses for sale

Going concerns changing hands: bars, restaurants, shops and units with their licence and their rent already standing. What transfers is the business; the premises stay on a lease.

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Where our units are

Each dot is an area of Ibiza or Formentera where we have listings. Tap a dot to see only those units.

Buying a going concern in Ibiza

Most businesses for sale in Ibiza change hands as a leasehold transfer, a «traspaso». You don't buy the premises: you buy the business running inside them, with its licence, its fit-out and its customers, and step into the tenant's place on the lease. The outgoing owner is paid the transfer price; the landlord keeps receiving the monthly rent.

That is why what weighs most on the price is not the kitchen or the décor but the years left on the lease. A bar with two seasons of lease ahead is not worth the same as one with ten, even with the same turnover.

Giorgio Zingrillo, the agency's founder, has 8 years and over 200 closed deals behind him, only in commercial property and only in Ibiza and Formentera.

What we check before showing you a business

  • The activity licence

    That it exists, that it is in the business's name and that it covers what you want to do there.

  • The lease

    How many years are left, what rent is paid and on what terms it can be assigned to the new tenant.

  • The accounts

    What the business turns over and what it spends, so the asking price can be backed with figures.