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Listing ID: 1986846

Well Established International Restaurant For Sale

Rua St. Antônio #1 Mexilhoeira da Carregação, Estombar, Lagoa, Algarve Portugal 8400 104, Lagoa, Portugal

€ 100k to 250k

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Well established (30 years) restaurant for sale. Old world charm in every way. Lovely dining area, cosy, log burning fire in winter. Seats 35 people and a further 14 in our charming courtyard. The restaurant is a well known dining spot for many years with both holiday makers and ex pats a like. Very close to golf resorts and main roads. Situated in a tiny, peaceful fishing village, it is a real Portuguese gem. There is also a mature garden behind the courtyard. It is a private garden, full of flowers, blooming trees and a herb garden. It certainly could be part of the business as well. Close to the tourist towns of Carvoeiro and Alvor.

The kitchen is fully functional. The building also has a large attic that could be renovated as one wishes. There is a small bar area.
We don't really want to sell this lovely restaurant but it's time to move on and retire!!

We have a very good reputation for attention to detail, catering for individual tastes, parties, functions and families. The restaurant has been run for many years by a Canadian lady, Kathleen, always trying her best to serve great food at reasonably prices.

Property Details

Size:

200 hundred Square Meters. Plus garden area of 250 Square Meters.

Years Established:

30 years

Property Type:

Real

Other Details

Business Location:

Main road facing residential area, cafés and shops.

Premise Details:

Old, charming building with plenty of character. Includes, dining area, kitchen, courtyard, 2 washrooms and large garden.

Expansion Potential:

Large attic area with potential of renovation, use of garden area for more seating.

Operation Details

Employees:

3 or 4 depending on season

Trading Hours:

Tuesday to Saturday from 6.30 onwards

Support & Training:

Handover support provided

Miscellaneous

Reason For Selling:

Successful business for 30 years, retirement beckons!!

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