Buying a Commercial Business in Tenerife
Many people come to the Canary Islands with a dream to buy a business here in Tenerife, and lots of them find a business that suits them perfectly, however many people buy through Estate Agents who do not specialize in selling businesses, and find that the business is not suitable for them, or it’s in the wrong place, or that they simply have paid too much for them. Some vendors are unscrupulous and will do/say anything to secure a sale.
For this reason, CML Tenerife have a dedicated Commercial department that specializes only in selling businesses. Our professional staff have an excellent knowledge of Spanish and our extensive network of contacts means that we can resolve most issues which may occur.
When we receive your enquiry at CML Tenerife, you will be contacted by a member of our Commercial team, who will discuss with you what kind of business you prefer, what location you would like it in, and what your budget is. CML Tenerife have a large number of quality businesses available but the key to our success is matching the client to the business, to try to maximize the likelihood of the business being successful.
After meeting with the client, and finding the ideal business, we will take a deposit to secure purchase of the business. In unexpected event that any of the subsequent searches finds anything untoward, the deposit will be returned to the client. These searches will be carried out by qualified Gestors (specials accountants / lawyers) who obtain information regarding the legality of the business and ensure the business is not carrying any debts which the new owner could become liable for.
The service does not stop at the transfer of the ownership of the business, CML Tenerife have an extensive list of contacts who can help you even once you are in your new business, and will be only too happy to help in any way.
So if you have decided to go into business here in Tenerife and you meet an Estate Agent with a window full of houses, it’s best to ask if they have a separate Commercial Sales department. If the answer is ‘no’, why not come to us, and get the benefit of our Commercial teams expert knowledge. It’s a big decision for anyone, so don’t sell yourself short, consult the experts, CML Tenerife.
