The asking price for this fully equipped restaurant near Praia da Oura is €240,000. Buyers can acquire a refurbished, licensed business in Albufeira’s busy Strip, approximately 1.3 km from the beach. It is a turnkey restaurant for sale with seating for 85 people and equipment included. The 80 m² restaurant has been recently refurbished and painted. New tables and seating create a welcoming setting for both residents and visitors. Sunny outdoor terraces provide space for 50 guests. A further 35 customers can be seated inside. The front opens fully through sliding doors and windows, helping connect the dining area with the terrace. The 20 m² kitchen is fully equipped for immediate restaurant operations. Equipment includes a Zanussi gas oven, four-ring hob, double chip fryer, gas barbecue grill and large gas griddle. Stainless-steel counters, refrigeration, sinks and drainage facilities are also in place. Additional space includes two double garage storage areas, a staff room, WC and shower. A 1,000-litre water storage tank and water softener support the business infrastructure. The premises also include a bar area, two customer WCs and a fire alarm system. The licence permits trading daily from 8am until 2am throughout the year. The business has operated successfully under the same owner for more than 30 years. Established return clientele, including local families and tourists, may support future trading potential. Its position is within walking distance of amenities, the beach and the attractions of Montechoro. The nearest golf course at Balaia is about 4 km away, while Faro International Airport is approximately 34.5 km distant. This opportunity may suit an owner-operator or investor seeking an established hospitality business in the Algarve. Contact us now to arrange further information and schedule a 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
