Profitable Bar for Sale in Porto, Portugal
Well established cocktail bar/restaurant in the center of Porto that receives 50 customers per day.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 730 thousand |
| Run Rate Sales | USD 800 thousand |
| EBITDA Margin | 20 % |
| Industries | Restaurants + 1 more |
| Locations | Porto |
| Local Time | 1:48 PM Europe / London |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
620 thousand
(Native Currency: EUR 550,000)
Reason: Due to retirement.
Includes physical assets worth
USD
90 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Registration Certificate
(346.3 KB)
Business Overview
One of the first cocktail bars in Porto, which is well known as a reference bar for the bustling bar scene that has developed in the last few years due to the increased profile of Porto as a tourist destination. Excellent location, serving both local clientele and tourists.
Great reviews on social media. Based on brand value, high potential for a second location in other areas of Porto or other cities in Portugal.
- Can accommodate 50-60 people at a time.
- EUR 1,500-2,000 daily turnover.
- Average bill is EUR 50 per person.
- Receive around 50 orders per day.
- Owner is in the UK and the business is in Portugal. Owner travels between these locations as per requirements.
- We hire part time employees based on demand. Demand is usually high during summer.
Great reviews on social media. Based on brand value, high potential for a second location in other areas of Porto or other cities in Portugal.
- Can accommodate 50-60 people at a time.
- EUR 1,500-2,000 daily turnover.
- Average bill is EUR 50 per person.
- Receive around 50 orders per day.
- Owner is in the UK and the business is in Portugal. Owner travels between these locations as per requirements.
- We hire part time employees based on demand. Demand is usually high during summer.
Products & Services Overview
House Specialities:Signature and classic cocktails.
Craft and International beer.
Thin-crust stone baked pizza made on site/bar snacks.
Service for events (weddings, corporate parties, cocktail workshops, mobile cocktail service)
Veg and non veg options.
Assets Overview
All fixtures and fittings.Kitchen and bar equipment including Italian pizza stove.
Lots of antique fixtures and furniture, decorative items.
Large alcohol inventory.
Facilities Overview
100 sq m space indoor space and 50 sqm garden space outside. Own property.Located in Rodrigues de Freitas, Porto.
Real estate acquisition is an option with the business.
Own building which can be sold for extra cost - EUR 850k.
Can continue in the same space by paying rent.
Capitalization Overview
3 equal share owners.Current has a funding liability of EUR 50,000 from COVID-time government funds, payments up to date.
Recent Activity
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Earlier than 15 daysBroker, Real Estate Agency, Orange, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Information Technology, Ahmedabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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