To acquire a ready-to-trade restaurant business in Albufeira, buyers can enquire about this established and fully equipped venue offered at €240,000. The business is located on Avenida Sá Carneiro in Montechoro, directly within the resort’s well-known Strip area. It is approximately 1.3 km from Praia da Oura and close to shops, services and other amenities. The restaurant has been trading under the same ownership for over 30 years. Its established presence is supported by repeat custom from local residents, tourists and families. The buyer takes on a refurbished operation with furnishings and equipment included in the asking price. Seating is arranged for 35 customers inside and 50 outside. Sunny terraces provide an appealing setting for daytime meals, evening dining and seasonal service. The 80m² main area includes the restaurant, bar and two WC facilities with individual wash basins. A 20m² kitchen is fully fitted for immediate food preparation and service. Its equipment includes a Zanussi gas oven, four-ring hob, double gas fryer, barbecue and large griddle. The kitchen also has two fridges, stainless-steel worktops, a double sink and a dedicated staff hand basin. Storage is available in two double garages accessed by a spiral staircase. These lower-level areas include a staff room, WC and shower for practical business use. The premises has a 1,000-litre water tank, water softener, beer cooler and fire alarm system. An established licence permits trading from 8am until 2am daily throughout the year. The commercial location is around 4 km from Balaia golf course and 34.5 km from Faro International Airport. Buyers can continue the existing concept, introduce a new brand or adapt the offering to target residents and holidaymakers. The property record also includes licensing and business documentation for due diligence, subject to professional review. Contact us to discuss the acquisition process and arrange an inspection of the 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
