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Famous Irish Pub For Sale

Faro, Portugal
Asking Price:
€10,000,000
Sales Revenue:
€1,600,000
Cash Flow:
€750,000

A rare opportunity to acquire both premium real estate and a successful iconic bar famed for its late night music entertainment, with an enviable position overlooking Vilamoura Marina.

The Irish Pub licensed for both alcohol beverages and food is the area's leading bar boasting 436m2 of freehold premises over 2 floors with an internal capacity for 250 persons.

Additional decked terraces covering an area of some 620m2 for a further 250 persons features a second ‘Cabin Bar’ offering views over the marina itself.

A total capacity of 500 persons. Whether its a quiet cocktail to savour the sun set over the marina, catching the latest sporting events or a more lively night inside with the live band and dancing on tables, the bar delivers an experience like no other with memories for all customers to take away with them to share.

The business has spent 1.3 million on expansion and refurbishing the original building. There is circa value of fixtures 240 thousand euros. The approximate stock value is 11 thousand euros.

For further information please get in touch with John Groves [email protected] or the Transworld Central Support Team [email protected] or call us on 0203 911 1059

Business Operation

Reasons for selling:

retirement

Other Information

Furniture / Fixtures value:
€240,000
Inventory / Stock value:
€11,000

Contact Transworld Business Brokers UK

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