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Tenpin Bowling Centre And Amusement Arcade For Sale

Albufeira, Faro
Asking Price:
€650,000 Furniture / Fixtures included
Sales Revenue:
€250K - €500K
Cash Flow:
€50K - €100K

We built a brand new 7 lane tenpin bowling and amusement arcade in Albufeira Marina three years ago (in 2015). This includes a large bar and separate kitchen fully equipped,and decking overlooking the boats in the Marina with a bar this decking area is 350 sq meters.Albufeira is the tourist capital of Portugal's popular Algarve region. We are putting this project on the market due to me being 73 years old. If I was 53, this would not be for sale. The asking price is 650,000€. More images, media and information can be found on our website, for any questions or more information regarding the business, please do not hesitate to contact us.

Property information

Real Estate:

Lease

Lease Terms:

Renewable

Leasehold Rent:

50.000.00 per annum

Location:

We are located on the main promenade in Albufeira Marina. There are apartment blocks on the development which is split between full-time residents and tourist lets and there are more developments in the surrounding area (which is still growing steadily). Parking is plentiful and free and the marina is about a 5-minute drive from the town centre.

Premises Details:

It is a brick built construction

Business Operation

Expansion Potential:

There is potential for other types of business withing this lease.

Competition / Market:

There is no tenpin bowling centre for at least 30 kilometres or more.

Reasons for selling:

As stated, I am 73 years old and rising!

Trading hours:

We are currently open all year round, 7 days a week (15 hour days).

Employees:
5
Years established:
3 years

Other Information

Support & training:

We would offer any support required. The current staff have been with us from the start and would continue if needed.

Financing available:

Could negotiate part payments

Furniture / Fixtures value:
€500,000 - included in the asking price
Website:
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Contact Information

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