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Very Busy Bar & Grill In Lagos For Sale

Lagos, Faro, Portugal
Asking Price:
€250K - €500K Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€1M - €5M
Cash Flow:
€500K - €2.5M

Situated in Lagos with views of the Marina, good reputation, very busy

Property Information

Real Estate:

Lease

Lease Terms:

5 years plus rollover

Leasehold Rent:

€108,000 per annum

Living Accommodation:

Na

Location:

Prime Lagos Marina Locations

Premises Details:

Large outside terrace on the ground floor with inside seating available total 140 seats

Size in square feet:
Na
Planning Consent:

Na

Business Operation

Expansion Potential:

All area’s fully utilized

Competition / Market:

Busy Marina with multiple offerings

Reasons for selling:

Poor health

Trading hours:

08.00 to 12.00 7 days a week

Employees:
18
Years established:
13 years

Other Information

Support & training:

Sufficient hand over will be given

Furniture / Fixtures value:
€100,000 - included in the asking price
Inventory / Stock value:
€7,000 - included in the asking price

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