Purchasing a thriving restaurant in Albufeira resort is straightforward with this established property available for €240,000. Nestled just 1.3 km from the famous Praia Da Oura, this refurbished restaurant offers an enticing atmosphere with outdoor seating for 50 guests and a total capacity for 85, making it perfect for high-volume trading in a tourist-rich area. The restaurant’s design includes a vibrant outdoor terrace that attracts customers year-round, promoting an excellent dining experience.
With a rich operational history spanning over 30 years, the restaurant boasts a loyal clientele tapping into both local and tourist demographics. It's fully equipped and ready for immediate operation, featuring high-quality kitchen appliances that streamline meal preparation, enhancing service efficiency and quality. The establishment's prime location along Albufeira’s famous ’Strip’ positions it perfectly to benefit from footfall generated by nearby businesses and attractions.
Additional features, such as licensing until 2 a.m., contribute to its potential for evening revenue growth. This investment doesn't just promise immediate returns but also opens doors for scalability—event hosting and special functions could further elevate the income stream.
Investors will find the established goodwill, robust customer base, and fully equipped facilities invaluable. Take advantage of this unique opportunity in the bustling Algarve culinary scene—reach out today to arrange 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
