Freehold Restaurant For Sale

www.GlobalBX.com

Listing ID: 700108841

Listing Title: Freehold Restaurant For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=108841

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: Portugal

State / Province:

Area

City: Praia Da Luz, Lagos

Asking Price Range: $250K - $500K

Gross Revenues: $240,000

Cash Flow: $60,000

Cash Flow Type: EBITDA

Year Established: 2007

Number of Employees: 4 - 5

Business Description:
Situated overlooking the pool in a 100 plus apartment complex in a seaside resort in the Algarve, Portugal this freehold restaurant is licenced for 85 persons. In addition to catering for the apartments the restaurant for sale has become a popular venue for residents and visitors to the town. Social area is 185 sq. metres and total space is 220 sq. metres. Sale includes fully equipped kitchen and bar. For sale at 395,000.



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