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Exclusive Restaurant Trespass In Albufeira For Sale

Albufeira, Faro, Portugal
Asking Price:
€125,000
Sales Revenue:
€100K - €250K
Cash Flow:
Under €50K

The Brasserie is our small family restaurant in Albufeira (Gale/Sesmarias), to the east of
Albufeira, close to some good quality hotels such as the W (by Marrio), Hapimag, Nau and
many villas in the surroundings.The current owners have had The Brasserie and developed the restaurant for about five and a half years, and the current owners are now ready to hand it over to someone else.

The property is split over two properties in a well positioned area of Guia, Albufeira.

The restaurant comes fully functional, with furniture, glasses, cutlery and plates of different
sizes.

The current restaurant operating under the name The Brasserie, is owned a limited company. It is the owners intention to sell the limited business to the buyer. The benefits include
that the existing contracts with suppliers can be extended, such as rental agreements, the
drinks suppliers and food distributors can continue. Similarly, all utilties, and telephone
contracts can continue.

Genuine enquires please to view personally.

If you are interested in the opportunity, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Location:

Albufeira (Gale/Sesmarias), Algarve, Portugal

Premises Details:

Two units run together
One unit as restaurant - other for storage and office use

Business Operation

Expansion Potential:

Development of second unit

Competition / Market:

Most exclusive restaurant in this area

Reasons for selling:

Retirement

Trading hours:

Closed Tuesdays and Wednesdays

Employees:
1
Years established:
10

Other Information

Support & training:

As needed

Furniture / Fixtures value:
€25,000
Inventory / Stock value:
€8,000