You can enquire about purchasing this established, ready-to-trade restaurant near Albufeira’s Praia da Oura for €240,000. The business is located on Avenida Sá Carneiro in Montechoro, on the famous Strip and approximately 1.3 km from Praia da Oura beach. It is being offered as a fully equipped restaurant, including furnishings and commercial kitchen equipment. The venue has operated under the same owner for more than 30 years. Its established reputation includes repeat clientele made up of locals, tourists and families. Buyers can take over a refurbished business rather than starting with an empty commercial space. The restaurant measures approximately 80 m² and includes a bar area. A sunny outdoor terrace provides 50 seats, while the interior offers seating for 35. This gives the business a total stated capacity of 85 customers. The frontage can open completely with sliding doors and windows. A 20 m² kitchen contains a Zanussi gas oven and four-ring hob. Other equipment includes a double gas chip fryer, gas barbecue, large gas griddle and two refrigerators. Stainless-steel counters, a double sink, drainage area and staff hand sink are already installed. The lower level includes two double garage storage areas for stock and equipment. A staff room with WC and shower adds useful operational convenience. The premises also benefit from a 1,000-litre water storage tank and water softener. A beer cooler and bar refrigeration motor are located in the storage area to help limit heat upstairs. The fully licensed operation can trade from 8am until 2am every day of the year. The restaurant is close to shops, services and the beach, helping support convenient access for customers and staff. Balaia golf course is about 4 km away, while Faro International Airport is approximately 34.5 km distant. The opportunity may suit an experienced restaurateur, owner-operator or buyer seeking a hospitality investment with potential rental income. To purchase, prospective buyers should contact the agent for availability, financial information, licensing documentation and viewing arrangements. Contact us now to take the next step towards acquiring this Albufeira restaurant.
• 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
