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Bar Portugal Praia Rocha Incl. Real Estate 160.000 For Sale

Portimao/Praia Rocha, Faro
Asking Price:
€160,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Under €100K
Cash Flow:
€50K - €100K

Very cosy bar with totally 48 places (16 at the bar) and a terrace with another 24 seats.
Priced for a quick sale at 160.000 EURO, including real estate, goodwill and inventory. What you see is what you get.
Located 200 meters from Praia Rocha boulevard and beach on the main road into Praia Rocha.
This is a running bar for over 30 years.
The couple running the bar will be leaving by the end of November 2017.

More information available upon request, please contact seller below for further details.

Property information

Real Estate:

Real Property Included

Location:

On the main street to the boulevard of Praia Rocha at approx. 200 M from the boulevard and the beach

Premises Details:

48 seating places on the inside (16 at the bar) and 24 outside (6 tabels), in total 100 M2, underneath an apartment building

Size in square feet:
1076/100 M2
Planning Consent:

not applicable

Business Operation

Expansion Potential:

At the moment just open at night. Because of free opening hours expansion during the day possible

Competition / Market:

International bar, no direct competition, free opening hours

Reasons for selling:

private

Trading hours:

16.00-01.00 Mon-Sun

Employees:
none
Years established:
+ 30 years

Other Information

Support & training:

anything they need

Furniture / Fixtures value:
€25,000 - included in the asking price
Inventory / Stock value:
€5,000 - included in the asking price
Website:
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