A successful turnkey restaurant business near Praia da Oura is available for €240,000. The established Albufeira bar and restaurant is approximately 1.3km from Praia da Oura beach. It offers buyers a ready-to-trade commercial opportunity in a high-tourist area. The business has traded successfully under the same ownership for over 30 years. Long-standing return clientele and family customers provide an established foundation for continued trading. The recently refurbished premises measure approximately 80.4m². Refurbishment works in 2019 included painting and new seating and tables. The front opens through sliding doors and windows, creating a flexible connection with the terrace. Outdoor seating is particularly suited to the Algarve’s sunny climate. There is space for 35 customers inside and 50 customers outside. The total capacity of 85 people allows for strong covers during busy periods. A fully fitted 20m² kitchen is included in the sale. Its equipment includes a Zanussi gas oven, four-ring hob, double chip fryer and gas barbecue grill. A large gas griddle, two fridges, stainless-steel counters and commercial sinks are also provided. The business includes two double garage storage areas, a staff room, WC and shower. The premises also benefit from a 1,000-litre water tank, water softener and beer cooler. A bar area, two customer WCs, air conditioning and a fire alarm system complete the practical specification. The licence permits trading from 8am to 2am every day of the year. Buyers can therefore consider daytime dining, evening meals, bar service and late-night trade. The nearest golf course at Balaia is around 4km away, while Faro International Airport is approximately 34.5km distant. Walking access to amenities and the nearby beach strengthens the location’s appeal for tourists and residents. Contact us to discuss the purchase, trading potential and viewing arrangements.
• 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
