To buy a ready-to-trade restaurant business on Albufeira’s famous Strip, buyers can consider this fully equipped and refurbished business offered at €240,000. It is located in Montechoro, Albufeira, within walking distance of amenities and approximately 1.3 kilometres from Praia da Oura beach. The restaurant is already fitted for operation and has a licence allowing trade from 8 am to 2 am daily all year round. The premises provide around 80 square metres of restaurant space. Indoor seating is arranged for 35 customers, while the sunny terraces seat a further 50. This gives the business a stated total capacity of 85 guests. Buyers benefit from a front elevation that opens with sliding doors and windows onto the terrace areas. The interior was refurbished in 2019 with new seating, tables and paintwork. The sale includes all furnishings and equipment, helping reduce the time and cost involved in opening. A separate 20 square metre kitchen is fitted with a Zanussi gas oven and four-ring hob. It also includes a double gas chip fryer, barbecue grill, large griddle, upright fridge and long fridge. Stainless-steel counters, a double sink, drainage area and staff hand sink complete the kitchen installation. Downstairs, a spiral staircase leads to two double garage storage areas. These areas include a staff room with WC and shower for operational convenience. A 1,000-litre water storage tank, water softener, beer cooler and bar fridge motor are also located below. The main restaurant has a bar area, two customer toilets and individual wash basins. Fire alarm equipment and air conditioning provide additional business infrastructure. The business has operated with the same owner for more than 30 years and attracts repeat clientele from both locals and tourists. Faro International Airport is approximately 34.5 kilometres away, while Balaia golf course is around 4 kilometres from the premises. Prospective purchasers should verify the licence, accounts, trading terms and legal documentation before committing to the acquisition. Contact us to request more information and arrange a viewing of this turnkey 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
