Yes, this fully fitted restaurant near Praia da Oura is available for €240,000. It is a turnkey, licensed restaurant business in Albufeira, approximately 1.3 kilometres from the beach. The opportunity suits buyers looking to purchase a commercial business close to one of the Algarve’s best-known tourist areas. Located on the famous Strip, the restaurant is also within walking distance of shops and everyday amenities. The premises offer approximately 80 square metres of restaurant space. A sunny outdoor terrace provides 50 seats, while the interior accommodates 35 customers. This creates a total seating capacity of 85 people for food and beverage service. The restaurant was recently refurbished, repainted and updated with new tables and seating. Its frontage opens through sliding doors and windows, allowing a versatile layout between the dining room and terrace. The 20 square metre kitchen is fully equipped and ready for immediate use. Included equipment comprises a Zanussi gas oven, four-ring hob, double gas chip fryer, barbecue grill and large gas griddle. The kitchen also has an upright fridge, long fridge, stainless-steel counters, double sink and drainage area. A bar, two customer toilets and air conditioning are included in the main restaurant. The licence allows trading from 8am until 2am daily throughout the year. Two double garages offer storage space and include a staff room with toilet and shower facilities. Additional equipment includes a beer cooler, water softener and 1,000-litre water storage tank. The business has been operated by the same owner for over 30 years and attracts returning clientele and families. Balaia golf course is approximately 4 kilometres away, and Faro International Airport is around 34.5 kilometres from the restaurant. Its established customer base, tourist setting and ready-to-trade specification may provide potential for continued revenue or future expansion, subject to independent checks. Contact us today to arrange a viewing of this €240,000 Praia da Oura-area restaurant business.
• Restaurant Area 80m²
• Sunny Outdoor Terraces
• Year of Construction 1990, Recently Refurbished
• In High Tourist Area
• Seating for 85 people
• Fully equipped ready to trade
• 1.3 km to the nearest beach of Praia Da Oura
This highly successful bar has been trading with the same owner for over 30 years with return clientele and families.
It is situated in the prime location of the famous 'Strip' of Albufeira just 1.2 km to the beach and within the town, close to all amenities.
The whole restaurant has been refurbished and painted with new seating and tables throughout. The whole front opens up with sliding doors and windows.
The bar has a licence to trade 8 a.m. until 2 a.m. daily all year round.
All furnishings and equipment are included in the price.
The business consists of:
• 80m² restaurant
• Sunny outdoor terrace
• Seating inside for 35 and outside for 50
• 20m² kitchen fully equipped with Zannusi gas oven and 4 ring hob, double chip fryer - gas 2 x 10 litres, gas BBQ grill, huge gas griddle, one upright fridge and one long fridge, stainless steel counters, double sink and drainage area + staff hand sink.
• Spiral staircase down to 2 x double garage storage including staff room with WC and shower.
• 1000 litre water storage tank and water softener + the beer cooler is here as well as the 'motor' for the long bar fridge so less heat generated upstairs.
• Main restaurant with bar area and 2 WC with own wash basins.
• Fire alarm system.
• Fully licensed from 8am to 2am
Location
• 1.3 km to the nearest beach of Praia Da Oura
• Walking distance to all amenities and beach
• 4 km to the nearest golf course at Balaia
• 34.5 km to Faro international airport
• 3.2 km to the nearest school
