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Thinking of opening a business in Milano, in the Lombardy region? Attivita24 lists a wide choice of businesses for sale in Milano, Italy. It is quick and simple: write directly to the owner.

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30 businesses and companies for sale in Milano, Lombardy30 businesses for sale in Milano

Average asking price: €208,889 (from €25,000 to €1,500,000)

On this page you'll find the listings of businesses and companies for sale in Milan: bars and venues, restaurants, hair salons and beauty salons, gyms, fashion stores, e-commerce businesses and service companies. Milan is the most dynamic and most expensive market in Italy: businesses change hands frequently, demand for good sites exceeds supply, and for venues in the most sought-after areas it's normal for the price to include a significant key-money payment (buonuscita) tied to the lease.

A few benchmarks: for established bars and restaurants in the strongest areas (Navigli, Isola, Porta Romana, the center) multiples often rise to 3-5 times EBITDA, while in the suburbs and the hinterland values come back closer to 2-3 times. Rent is the decisive variable: in Milan it can absorb 10-15% of a venue's revenue, so always check the amount, the 6+6 expiry and the indexation clauses before judging the asking price. Watch the outdoor seating concessions and the municipal rules on them too.

Filter listings by category and price range and contact sellers directly, with no commission on the sale. Before making an offer, estimate the value of the business with the valuation tool and read the due diligence guide. Selling a business in Milan? Publish your listing from €37 + VAT, one-off payment and no subscription: here you'll also find all businesses for sale in Lombardy.

Frequently asked questions

More than in the rest of Italy. A well-located bar rarely goes below €100,000 and in the nightlife areas easily passes €250,000-€400,000; established restaurants often run from €150,000 to over €500,000; a hairdressing salon or beauty salon generally sits between €30,000 and €120,000. In the suburbs and the hinterland prices drop by 30-50% for the same type of business.

In Milan taking over has one advantage more than in other cities: good sites are almost impossible to find on the commercial rental market, and with a transfer you get the lease, the permits and the customers from day one. Opening from scratch means 6-12 months of ramp-up while paying some of the highest rents in Italy. Do the math carefully on the ongoing rent, though: an above-market rent can wipe out the value of the goodwill you're paying for.

You start from normalized EBITDA and apply a multiple (indicatively 2 to 5 depending on the area, the sector and how solid the sales are), then add equipment and inventory. In Milan part of the price often reflects the value of the site: a long lease at a below-market rent is worth tens of thousands of euros on its own. For the full method read the guide how much is my company worth.

Three checks are worth more than all the others: the real sales (electronic sales records and tax returns, not numbers quoted verbally), the lease (rent, expiry, the landlord's consent to the assignment) and the company debts, because the buyer of a business is jointly liable for those recorded in the accounting books (art. 2560 c.c.). If there are employees, their contracts continue automatically with you under art. 2112 c.c. Have an accountant read the numbers with you before you sign.

You usually sign a preliminary agreement with a deposit first, then the final transfer deed before a notary, required by law (art. 2556 c.c.), with 3% registration tax on the value of the business. Then come the transfers: SCIA or change of ownership filed with the municipal SUAP for food and drink businesses, plus utilities and contracts. Typical timings run from 30 to 90 days between the agreement and the actual handover: the details are in the guide on the preliminary business transfer agreement.