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How profitable is owning a restaurant in the centre of Carvoeiro?

Restaurant in Carvoeiro

ref. PPP687
585.000€
  • C
  • 2
  • 73m2
  • 73m2

Owning a restaurant in the centre of Carvoeiro can be extremely profitable, especially with the unique positioning of this renowned snack bar, just 170m from the beach. This highly successful business benefits from a steady flow of customers, both tourists and locals, thanks to its prime location in one of Algarve's most sought-after areas. With a fully equipped kitchen and space to accommodate diners on the outdoor terrace, this 73m² property provides ample opportunities for profit generation. The restaurant has a well-established reputation, having operated for many years and serving a wide range of clientele. Its ability to function year-round, including the late-night crowd, ensures a diverse income stream. With the latest amenities such as air-conditioning and high-quality acoustics, the establishment not only provides comfort but also endorses a pleasant dining experience. Given its historical success since the 1990s, investing in this business presents a rare chance for substantial financial returns. The current ownership structure allows for trading flexibility, appealing to various customer bases. This establishment is a compelling investment, particularly for buyers seeking a ready-to-go venture in a desirable seaside locale. Interested in exploring more about this lucrative opportunity? Contact us to discuss this rewarding investment!

Usage
Commercial
Type
Restaurant
Town
Carvoeiro
Parish
Lagoa e Carvoeiro
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
3
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
73 m²
Usable area
73 m²
Plot Area
73 m²
Tarmac
Parking outdoors
Terraces
Fully Fitted, Fully Equipped
Storage
2 WC
Internet/Phone, Cable/Satellite TV
Mains electric, Mains drainage, Mains water
Double glazing
Courtyard
Town View
• Turnkey Business in operation
• 73m² Area
• Excellent Location
• Outdoor Terrace
• Fully Equipped Kitchen
• Distance from Beach 170m

A fully functional and operating snack/bar/restaurant with an outside terrace to enjoy al-fresco dining and drinking whilst watching the world of Carvoeiro going by! Inside there is ample space with the opportunity to enjoy all sporting events.

This commercial venture of 73m² is sold fully furnished and equipped - there are 2 toilets, a bar area with comfortable seating, a fully equipped kitchen, and a lovely outdoor terrace. This snack bar is in excellent condition, and fully prepared for immediate trade. Equipped with air-conditioning, high-quality acoustics, and noise insulation.

The current business is prepared to operate 7 days a week and throughout the year and has a license to open all day until 4am.

It is very popular with residents and tourists alike.
A perfect business opportunity with a great history and reputation going back to the early 1990´s.

Amenities

• AC
• High Quality Acoustic and Sound Insulation
• 2 WC
• Bar Area

Location

• Carvoeiro : N/A
• Beach : 170m
• Shops : 50m
• Golf : 2.5km
• Airport : 62km

Other Info

* The features / equipment mentioned in this description are subject to verification and agreement between sellers and buyers.
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