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Very Profitable Irish Sports Bar ,praia Da Luz For Sale

Praia da Luz, Faro
Asking Price:
€250,000 Inventory / Stock included
Sales Revenue:
€250K - €500K
Cash Flow:
Under €50K

Long established traditional Irish sports bar in the popular holiday resort of Praia da Luz. Massive opportunity to purchase a 30+ year lease and affordable €1500.00 per month rent. Comprising generous inside and outside seating this is an extremely popular spot for both residents and holiday makers. Open 365 days per year this establishment is entirely operated by staff and is particularly popular with residents throughout the major rugby and football seasons. Potentially, this business could be further expanded to include food as the situation is ideally suited to the provision of breakfasts and bar meals. With very reasonable operating costs , a perfect location and an already existing trade this is a solid investment not to be missed.

Property Information

Real Estate:


Lease Terms:

30+ years lease available for sale

Leasehold Rent:

€18,000 per annum

Living Accommodation:

No living


In the heart of the very popular village of Praia da Luz.

Premises Details:

leasehold bar

Business Operation

Expansion Potential:

To add food to the business

Reasons for selling:


Trading hours:

11.30 am to 2.30 am

3 full time ,,3 part time
Years established:

Other Information

Support & training:

Will be given

Furniture / Fixtures value:
Inventory / Stock value:
€7,000 - included in the asking price

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