This bustling restaurant in Albufeira offers a multitude of amenities that make it an exceptional investment opportunity. Situated in a prime location along the famous 'Strip', it features an 80m² dining area with a capacity for 85 guests, flanked by a sunny outdoor terrace perfect for al fresco dining. This layout allows owners to serve tourists and locals alike, particularly in the vibrant summer months.
Recently refurbished and fully equipped, the restaurant comes with state-of-the-art kitchen appliances, including a Zannusi gas oven and commercial fryers, designed to efficiently cater to a high-demand clientele. The generous operating hours from 8 a.m. to 2 a.m. grant flexibility in service, ideal for maximising profitability. Moreover, the restaurant is maintained well and includes a fire alarm system for safety compliance.
Additional features include a spacious basement area, providing essential storage and staff facilities, making day-to-day operations easier to manage. With nearby attractions such as the beach and golf courses, its location ensures easy access for tourists and repeat business from locals. This investment promises robust returns with its established customer base and impeccable location. Take this opportunity to take ownership of a successful business model in a prime Algarve destination. Contact us 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
