Restaurant / Coffee Shop For Sale Madeira Islands
Location Portugal
Asking Price Range $250K - $500K
Gross Revenues $1000000
Net Profit / Cash Flow $1000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 4 - 5
Inventory 200000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Widowed and relocating to South Africa.
Description Cosy family type restaurant and coffee shop in Madeira Islands. Located in a prime tourist attraction / destination right next to the cable cars near Porto Moniz in Madeira for sale. Built in an area that has been zoned as a ''Green Zone'' so no more buildings will be allowed to be erected there, all licenses in place, overlooks the island of Porto Santo, bank evaluated at _700 thousand Euro but I'm asking _500 thousand Euro negotiable. This is an investment opportunity on a beautiful island just off the coast of Portugal. No crime, village type living, major tourist island. This business can be run by trained staff, as an owner you can have it owner run or alternatively we can train staff that you employ and it will be passive income for you.
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