Search
Investment opportunity in Póvoa de Santo Adrião! Excellent opportunity to operate a Coffee/Restaurant, very well located in the busiest area of Póvoa de Santo Adrião, with a well-established business and a loyal and regular clientele for over 20 years
Odivelas, Lisboa, Portugal
REF: 889145
€276,000
Description
Investment opportunity in Póvoa de Santo Adrião!
Excellent opportunity to operate a Coffee/Restaurant, very well located in the busiest area of Póvoa de Santo Adrião, with a well-established business and a loyal and regular clientele for over 20 years.
The price includes the sale of the property (walls) and the transfer of all the shares in the business, which has been under the same management for over twenty years and has an assured and easily demonstrable profitability. A very well-established business in the area, which operates since early morning, serving breakfasts, coffees, lunches and snacks, with excellent cash flow and a very stable level of sales.
The business has no medium/long-term loans or liabilities and generates a very stable and regular income, which is quite interesting given the level of investment proposed. The staff is just one employee, with many years of experience, who knows all the customers by name and is perfectly qualified to take care of the business, even at management level. The property has a total area of 122 square meters, spread over two floors: - Main Floor where the Café and Restaurant are in full operation. - Lower floor, currently used as an office, warehouse, 3 bathrooms (two for customers and one for staff), cloakroom and additional storage space. It is located on a closed square in the central area of Póvoa de Santo Adrião, with easy parking but very close to schools, banks, a sports area, a pharmacy and various types of shops and services. An excellent opportunity to acquire a property with a business already up and running, taking advantage of the good name and experience accumulated over the years, but still with a high margin for growth in the medium and long term if the existing business is complemented with a take-away service and partnerships with electronic delivery platforms. Don't wait any longer and come and discover this unique opportunity. Contact me for more information! #ref: 127418
Investment opportunity in Póvoa de Santo Adrião!
Excellent opportunity to operate a Coffee/Restaurant, very well located in the busiest area of Póvoa de Santo Adrião, with a well-established business and a loyal and regular clientele for over 20 years.
The price includes the sale of the property (walls) and the transfer of all the shares in the business, which has been under the same management for over twenty years and has an assured and easily demonstrable profitability. A very well-established business in the area, which operates since early morning, serving breakfasts, coffees, lunches and snacks, with excellent cash flow and a very stable level of sales.
The business has no medium/long-term loans or liabilities and generates a very stable and regular income, which is quite interesting given the level of investment proposed. The staff is just one employee, with many years of experience, who knows all the customers by name and is perfectly qualified to take care of the business, even at management level. The property has a total area of 122 square meters, spread over two floors: - Main Floor where the Café and Restaurant are in full operation. - Lower floor, currently used as an office, warehouse, 3 bathrooms (two for customers and one for staff), cloakroom and additional storage space. It is located on a closed square in the central area of Póvoa de Santo Adrião, with easy parking but very close to schools, banks, a sports area, a pharmacy and various types of shops and services. An excellent opportunity to acquire a property with a business already up and running, taking advantage of the good name and experience accumulated over the years, but still with a high margin for growth in the medium and long term if the existing business is complemented with a take-away service and partnerships with electronic delivery platforms. Don't wait any longer and come and discover this unique opportunity. Contact me for more information! #ref: 127418
Read More
Property on Map
Currency Exchange
Odivelas, Lisboa, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €276,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €276,000 | £227,824 | £239,593 | £11,769 |
| Property Price € | €276,000 |
| Minimum cost in the last six months | £227,824 |
| Maximum cost in the last six months | £239,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,769 |
Odivelas, Lisboa, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €276,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €276,000 | £227,824 | £239,593 | £11,769 |
| Property Price € | €276,000 |
| Minimum cost in the last six months | £227,824 |
| Maximum cost in the last six months | £239,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,769 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £11,769 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
