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Leisure and Recreation Company for Sale in Mindelo, Portugal

For Sale: Building with leisure spaces, 700-800 capacity, near the beach.

Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Leisure and Recreation
Locations  Mindelo
Local Time 8:41 AM Europe / Lisbon
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.83 million (Native Currency: EUR 2,500,000)
Reason: - The engineer made the valuation. - The owner wants to exit after 30 years. - We do not charge th... View More
Includes physical assets worth USD 2.83 million
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Business Overview
- The building is located in Mindelo, offering a range of leisure spaces located near the beach on a plot of 3,675 m sq, with a capacity for 700-800 persons.
- It has a nightclub, offers three bars, a VIP area, a smoking area, and a pantry.
- The building also consists of a bowling structure, tennis courts, swimming pools, a bathhouse, a warehouse and office, and bathrooms for staff and customers.
- The first floor has a cafe/snack bar with a full kitchen and two independent terraces.
- The bowling house and garden area provide additional areas for leisure activities.
- We have employees who work for the business entity which is not part of the sale.
- Our last year's sales figure was EUR 500 thousand and the current year's sales figure is projected at EUR 480 thousand.
Products & Services Overview
Cafe, bar, and cocktails.
Swimming pool.
Tennis.
Nightclub.
Assets Overview
- Building, swimming pool, office, kitchen, garden, and penthouse.
- The business entity and workforce will not be part of the sale.
Facilities Overview
Built-up area of 1,163 m sq, on 2 floors in Mindelo, Portugal.
Capitalization Overview
The business has 1 owner, and no loans or debts.
Note: The company is not for sale, but only the asset.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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