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Algarve Outside Catering Business For Sale

Almancil, Faro
Asking Price:
€250,000 Inventory / Stock included
Sales Revenue:
€250K - €500K
Cash Flow:
Not applicable

Exclusive catering business for sale, established for over 20 years with excellent quality clients in the Quinta do Lago, Vale do Lobo, Vilamoura areas. Offering a la carte and bespoke menus with In-House Chef services, along with fine dining, outside catering, weddings, pop up restaurant facilities, sunset cruises, cocktail parties, corporate events and childrens parties.

There is a confidential portfolio of celebrities, sportsmen and prominent high profile business people who have enjoyed the catering services in the past, with an impressive list of bookings for this year.

The leased premises have busy main road access with parking for clients and deliveries. The kitchen is fully equipped with an extensive and valuable inventory including cutlery, crockery, bbq facilities, uniforms, outside catering and bar equipment; there are private dining facilities for a total of 8 clients on the premises.

The loyal staff base includes 4 members on contract with events and casual staff as and when required.

The owners took over the catering venture 6 years ago have established a solid portfolio with many celebrity clients, and a most successful wedding events business.working with a professional team of photographers, florists and music entertainers.

A venture ready to take to another level for experienced caterers or those interested in functions management. The staff are well recommended and able to continue with the level of catering established and look forward to further challenges.

Reluctant retirement sale.

Please contact for further details and appointment to view the premises and discuss the business.

Property information

Real Estate:

Lease

Leasehold Rent:

€15,600 per annum

Location:

Excellent location central to the Golden Triangle - Quinta do Lago, Vale do Lobo, Vilamoura and surrounding areas.

Premises Details:

Leased premises with full catering kitchen, storage, exclusive private dining room, outside storage, parking off main road.

Business Operation

Expansion Potential:

Immense potential to further increase sales targeting the middle home market, bbq packs and take away service.

Trading hours:

All hours required.

Employees:
4 staff on contract
Years established:
20 years established in the Algarve

Other Information

Support & training:

The owners are prepared to continue on a hand over consultancy basis for a short period of time after the business has been transferred.

Inventory / Stock value:
€400,000 - included in the asking price
Relocatable:
This business can be relocated.

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