Profitable Restaurant for Sale in Porto, Portugal
Iconic Porto restaurant with historic charm seeks sale of Business due to retirement.
This transaction has concluded.
Premium Plan
| Established | 120-130 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 1.4 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Porto |
| Local Time | 2:07 PM Europe / Lisbon |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.46 million
(Native Currency: EUR 1,250,000)
Reason: Reason for sale: Retirement.
Selling business only with a rent of EUR 7,500 per month.
Reason for ...
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Includes physical assets worth
USD
234 thousand
Interested to connect with advisors
Documents
Business Overview
- Located in Porto's historic center, this century-old restaurant is renowned for traditional Portuguese cuisine.
- Generates annual revenue exceeding EUR 1.25 million, serving approximately 40,000 meals annually with an average ticket per person exceeding EUR 33.
- Occupies two floors totalling 160 sq m in a prime downtown location, with additional seating in an outdoor patio accommodating up to 100 patrons.
- Ground floor includes a bar, dining room for 12, and fully equipped kitchen.
- Upper room seats 50 with a support bar, customer changing rooms, and bathrooms.
- The restaurant enjoys a loyal customer base cultivated over more than 120 years, including prominent figures like José Pacheco Pereira, Rui Moreira (Porto's mayor), and André Villas Boas.
- Occupies a unique space in Porto, renowned for its excellent cash flow and complete licensing, making it a sought-after investment opportunity.
- Maintains a stellar reputation with a 4.4 Google rating based on more than 1,800 reviews.
- Currently, the business operates from 12:00 till 22:00 with around 18 employees, of whom 7 are permanent and the remaining staff are on temporary contracts.
- Recognized with the PME Excellency Award last year.
- Boasts an award-winning wine list featuring top selections from Portugal's main wine regions, alongside house wines branded with the restaurant's name and partnerships with renowned Portuguese winemakers.
- The business holds all required licenses and approvals.
- Generates annual revenue exceeding EUR 1.25 million, serving approximately 40,000 meals annually with an average ticket per person exceeding EUR 33.
- Occupies two floors totalling 160 sq m in a prime downtown location, with additional seating in an outdoor patio accommodating up to 100 patrons.
- Ground floor includes a bar, dining room for 12, and fully equipped kitchen.
- Upper room seats 50 with a support bar, customer changing rooms, and bathrooms.
- The restaurant enjoys a loyal customer base cultivated over more than 120 years, including prominent figures like José Pacheco Pereira, Rui Moreira (Porto's mayor), and André Villas Boas.
- Occupies a unique space in Porto, renowned for its excellent cash flow and complete licensing, making it a sought-after investment opportunity.
- Maintains a stellar reputation with a 4.4 Google rating based on more than 1,800 reviews.
- Currently, the business operates from 12:00 till 22:00 with around 18 employees, of whom 7 are permanent and the remaining staff are on temporary contracts.
- Recognized with the PME Excellency Award last year.
- Boasts an award-winning wine list featuring top selections from Portugal's main wine regions, alongside house wines branded with the restaurant's name and partnerships with renowned Portuguese winemakers.
- The business holds all required licenses and approvals.
Products & Services Overview
The restaurant's menu highlights traditional Portuguese cuisine, with top-selling dishes including octopus, crab, and various fish options, collectively contributing around 30-40% to its revenue.
Assets Overview
The physical assets of the restaurant include an inventory of wine bottles exceeding EUR 15,000 in worth, and essential kitchen equipment, furniture, ovens, machinery, and freezers.The restaurant includes a ground-floor bar with 3 wine freezers, 1 dessert freezer, and 1 dishwasher.
The kitchen features a display freezer, FAGOR stove, Distform Mychef convection oven, 4 cold freezers, and a dishwasher, with a storage room and staff bathroom.
Upstairs, the room has a support bar with a dishwasher and ice maker, 2 beverage freezers, changing rooms, and a customer bathroom plus indoor and outdoor patio seating furniture and sunshades.
Facilities Overview
The restaurant spans two floors within a typical corner building which is owned by the business in downtown Porto, totaling 160 sq m. It includes two outdoor patio areas in a nearby square. The ground floor features a bar, a dining room, and a kitchen. The upper floor includes additional amenities such as a support bar, changing rooms, and a customer bathroom.
Capitalization Overview
- The business is entirely self-funded and sold with no loans.- It is solely owned by one individual who holds 100% of the shares.
Recent Activity
-
Earlier than 15 daysBusiness Owner, Helsinki, Commercial Real Estate Broker connected with the Business
-
Earlier than 15 daysManaging Director, Delaware, Investment Bank connected with the Business
-
Earlier than 15 daysManager, Food Processing, Lisbon, Individual Investor / Buyer connected with the Business
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