You can acquire this proven restaurant business on Albufeira’s famous Strip for €240,000, subject to contract, licensing checks and satisfactory due diligence. The sale includes a refurbished, fully equipped and licensed operation that is ready to trade. With more than 30 years under the same ownership, the business offers established trading history and returning clientele. The restaurant is positioned in Montechoro on Avenida Sá Carneiro, close to Albufeira’s shops, services and tourist activity. Its location is approximately 1.3 kilometres from Praia da Oura beach. The premises provide around 80 square metres of restaurant space and a further 20 square metre commercial kitchen. Customer capacity reaches 85 people, divided between 35 indoor seats and 50 outdoor terrace seats. The sunny terrace gives the business an additional area for dining, drinks and seasonal trade. Recent refurbishment includes new paintwork, tables and seating throughout the customer areas. The front opens with sliding doors and windows, creating a flexible indoor-outdoor layout. The kitchen is equipped with a Zanussi gas oven, four-ring hob, double fryer, barbecue grill and large griddle. A long fridge, upright fridge, stainless-steel counters, double sink and staff hand sink are included. The bar area and two customer toilets with wash basins are already installed. Supporting facilities include two double garages for storage, a staff room, toilet and shower. A 1,000-litre water tank, water softener and beer cooler are also provided. The business licence permits trading from 8am to 2am every day throughout the year. A fire alarm system and air conditioning add to the operational specification. Nearby beaches, golf, amenities and tourist traffic may support ongoing customer demand and future business potential. Prospective purchasers should review accounts, lease or ownership arrangements, licences, equipment condition and operating expenses before exchange. Contact us now for further acquisition information and to schedule a confidential viewing.
• 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
