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Highly Successful "International" Supermarket In Lagos - Portugal For Sale

Lagos, Faro, Portugal
Asking Price:
€320,000 Furniture / Fixtures included
Sales Revenue:
On request
Cash Flow:
On request

A great opportunity to acquire a highly successful and well established "mini"
supermarket in Lagos (Portugal)
We are specialized in Dutch - Scandinavian and Asian products.

We are a Dutch couple and have been running the business all these years with a lot of love and are now ready for retirement and go back to our home country to our (grand) childeren.

Be in business immediately and start generating a steady income straight away

In business for over 25 years with an established customer base.
Business whole year around (We are open 4.5 days a week 6 hours a day.

Property Information

Real Estate:

Lease

Lease Terms:

In consultation with the landlord.

Leasehold Rent:

€12,000 per annum

Premises Details:

Located in a residential and tourist area.
Just behind the Lagos Marina and train station as well as the two newly build Hilton Hotels.

Size in square feet:
100m2 in total. Shop approx. 70m2 - Office approx. 5m2 - storage/kitchen 12m2 + storage 12m2 (walk inn fridge - freezer)

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Expansion is easily possibly by expanding the product range and/or opening hours.

Reasons for selling:

Retirement and moving back to our home country.

Trading hours:

Sunday - Monday, Closed

Tuesday,10.00 till 13.00 and 14.00 till 17.00 hours
Wednesday, 10.00 till 13.00 and 14.00 till 17.00 hours
Thursday, 10.00 till 13.00 and 14.00 till 17.00 hours
Friday, 10.00 till 13.00 and 14.00 till 17.00 hours
Saturday, 10.00 till 14.00 hours

Employees:
1
Years established:
25 years

Other Information

Support & training:

Of course we will offer all the nessecarry help with the handover.

Furniture / Fixtures value:
€39,450 - included in the asking price
Inventory / Stock value:
€20,000
Website:
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Relocatable:
This business can be relocated