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Successful Golf Business For Sale

Almancil, Faro
Asking Price:
€250K - €500K Furniture / Fixtures included
Sales Revenue:
€250K - €500K
Cash Flow:
Not applicable

Business for sale offering golf holidays, golf green fee booking desk, golf club hire and stock, golf website, social media, contacts, email addresses, telephone numbers and the current allocated space within the premises. The location is a prime spot in Almancil, on the route towards Vale do Lobo and Quinta do Lago both well know exclusive golf resorts and within a 10 minute drive to Vilamoura. The shop space has undergone two renovations over the past 12 years both costing approximately 20k Euros each time. Any further improvements would be at the expense of the purchaser. There is a 10 year lease on the premises.

Property information

Real Estate:

Lease

Lease Terms:

10 years, premises curently split between 3 complimentary golf businesses. Therefore the rent is covered by the other two tenants.

Leasehold Rent:

€8,400 per annum

Location:

Almancil near Quinta do Lago and Vale do Lobo

Premises Details:

10 year leasehold renewable.

Business Operation

Expansion Potential:

Expansion of online golf bookings and holidays

Trading hours:

Mon to Friday 10am to 5pm

Years established:
2006

Other Information

Furniture / Fixtures value:
€10,000 - included in the asking price
Inventory / Stock value:
€20,000
Relocatable:
This business can be relocated.

Contact Information

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