- Established hospitality concept in Porto, one of Portugal’s most attractive and internationally visited cities.
- Distinctive Italian wine bar concept** combining wine, aperitivo, Italian food and social experiences.
- Strong and recognisable brand identity with a unique atmosphere and positioning.
- Readytooperate business – an opportunity to take over an existing concept rather than starting from scratch.
- Approx. 60seat capacity, including an outdoor terrace.
- Multiple revenue streams: wine, cocktails, food, tastings, private events and themed evenings.
- Wine tasting and food pairing concept with strong potential for tourism and experiential hospitality.
- Flexible space suitable for aperitivo, tastings, private parties, corporate events and DJ/sunset evenings.
- Significant growth potential through stronger marketing, events, wine retail, partnerships and expanded food offerings.
- International appeal – particularly suitable for tourists, expats, wine lovers and an international customer base.
- Scalable concept with potential to develop Casa Strega into a broader Italian food & wine lifestyle brand.
- Opportunity for an owneroperator or investor, looking for a distinctive hospitality business with room to increase visibility, customer traffic and revenues.
- Asking Price:
- €75 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Under €100K
- Cash Flow:
- Under €50K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The lease agreement has a duration of five (5) years, automatically renewable for equal and successive periods, and is indexed to the official inflation rate, ensuring that rent increases cannot be determined arbitrarily
- Leasehold Rent:
-
€1,300 per annum
- Location:
-
Located in Porto, Portugal, in an established urban area with a strong mix of locals, tourists and international residents. Characterful hospitality space with approximately 60 seats and an outdoor terrace, already set up for wine bar, food service, tastings and events.
- Premises Details:
-
Characterful, fully fitted hospitality premises with approximately 60 seats, including an outdoor terrace. The space includes a bar area, customer seating, food preparation facilities, and a flexible area suitable for tastings, events both public and private.
- Size in square feet:
- Approx. 1,076 sq
- Planning Consent:
-
The business is fully operational and holds the required licences and permits for its current hospitality activities, including food and beverage service. No major extensions or conversions have been carried out.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
it offers significant potential for growth through increased marketing and social media activity, a stronger programme of wine tastings and events, private functions, corporate experiences, wine retail and an expanded food offering. The business is also located in an area undergoing commercial development, with new businesses and services (new multimodal transportation hub) being established nearby, creating potential for increased local footfall and visibility.
- Competition / Market:
-
In the area there are different bars and fast-foods but we differentiate for the distinctive Italian wine bar concept, curated wine selection, food & wine experiences, events and unique atmosphere.
- Reasons for selling:
-
The business is being offered for sale due to a change in the owner’s personal and professional priorities and the desire to pursue other job opportunities.
- Trading hours:
-
Monday to Saturday,12 -15 h and 8 - 22h
- Employees:
- 1
- Years established:
- <1
Other Information
- Support & training:
-
The current owner can provide a handover and training period to ensure a smooth transition. Support can include familiarisation with the premises and equipment, suppliers, products, menu, wine selection, operational procedures and the Casa Strega concept.
The duration and level of support can be agreed with the buyer depending on their experience and requirements.
- Furniture / Fixtures value:
- €32,000 - included in the asking price
- Inventory / Stock value:
- €7,000 - included in the asking price
- Relocatable:
- This business can be relocated
