Running Restaurant And Building In The Historic Tavira

Listing ID#PT104 - 22113

Tavira, Faro
Asking Price:
€470,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100K - €250K
Cash Flow:
€100K - €250K

For sale French restaurant with good reputation in historical center of Tavira. In one of the most popular streets downtown.

80 squared meters, actually 24 places inside and 32 outside (16 on both terraces).

Upstairs 80 squared meters divided in 3 studios, 2 are ready to live or rent, the other one as warehouse for the restaurant, needing renovation. One has a 9 sq meters terrace.

Possibility to build a second stair if wanted.

Good general estate, some parts of roof needing renovation. Budgets availables.

Good place for bed and breakfast also.

Property information

Real Estate:
Real Property Included
Location:
Rua dr agusto da silva carvalho
Size in square feet:
160

Business Operation

Expansion Potential:
Increase of opening time
Competition / Market:
None with this concept
Reasons for selling:
Retreat
Employees:
3 in low season, 6 in high
Years established:
10

Other Information

Support & training:
Trip advisor
Facebook
Fench and Portuguese guides