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BUSINESS ACQUISITION - Successful Bar in the Centre of Vilamoura, Walking distance from the Marina

bar in Vilamoura

ref. VM2012
775.000€
  • NA
  • 193m2
Usage
Commercial
Type
bar
Town
Vilamoura
Parish
Quarteira
Municipality
Loulé, Faro
Region
Algarve (Central)
Living Area
193 m²
Balcony/Patio area
171 m²
• Bar/Dancefloor Area 193m²
• Outdoor Terrace Area 171m²
• Prime Location
• Fully Equipped ready to trade
• Great Business opportunity
• Licences until 5am

This unique bar which is walking distance from the marina of Vilamoura has been trading for the last 15 years with a return clientele.
Recently run as a successful gentlemen’s club, it also has the potential to be a sports bar or a disco bar already with the current licences which enables trade until 5am.

Recently renovated with all furnishings and equipment, included in the price as well as an office and a kitchen ready for a snack bar.
Two entrances at either end of the building, one of which opens onto a very large terrace area with seating for around 80 people. There is also underground parking.

The business consists of:
• Bar and floor area of 193m²
• Outdoor Terrace Area of 171m² - Seating roughly 80 people
• Fully fitted bar
• 3 x WC´s with wash basin. (Ladies & Gents)
• Sound system, 2 subwoofers, 7 Pioneer speakers, surround sound
• 8 TV´s
• 4 Meter long Oscar Zarzosa fridge with 6 doors
• Balcada fridge bar and granite counter
• 200kg Ice machine, Hoshizaki
• Around 500 Glasses
• All alcohol stays (Roughly €2000 in Champagne)
• Counters, 15 sofas, 6 tables, 3 small tables
• 18 Bar stools
• 4 Air condition units & ventilation machine
• Alarm system
• 7 Cameras


Location

• Walking Distance to Marina: 160m
• Distance to Beach: 1.5km
• Distance to Nearest Golf: 2.6km
• Distance From Airport: 25.1km
• Distance to Nearest School: 7.3km

Other Info

Price is for the lease of 13 years with a rent of €2,500 per month with a possibility to renew. It has the advantage of an ATM income, paying €550 for 8 months of the year.