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Businesses For Sale   >>   Portugal Businesses For Sale

Lucrative Restaurant For Sale

Location  Portugal
Asking Price Range  < $250K
Gross Revenues  $110000
Net Profit / Cash Flow  $20000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  1 - 3
Inventory  30000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  If needed
Reason for Sale  Change in career

Description  
Business For Sale is on the EN125 in Fonte De Boliqueime. The Restaurant is open for business and doing well due to the local residents of Boliqueime and constant flow of tourism due to the EN125. The Restaurant is currently running as a Indian Restaurant but has a very good history as a Italian.Located next to the best Portugese Restaurant in Loule region serving over 100 meal for lunch only. We on average service around 20-25 dinners a night in the winter and more in the summer. The Restarant Seats 30 people comfortably and can sit more 8 guest on the terrace. It come with enough invetory including tables/chairs/Napkins/knifes/focks etc etc everything a restaurant needs ... The Rent is only 700 Euros compare to expensive rent in Vilamoura. Due to the location we do get golfers as well. Its located 5 minutes from Vilamoura town but only a few minutes from the Victoria Golf Course and Lagoona. We are selling this business due to family problems only ... The Price is 45000 Euros and includes everything that the restaurant as inside ... Inc wines and Liquor and whiskey ... The buyer will be happy with the business.


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