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What are the investment opportunities for a restaurant in Albufeira's tourist area?

Restaurant in Albufeira

ref. VM1538
2.429.434DKK 1.794.044DKK
  • B-
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Investing in this successful restaurant in Albufeira offers multiple lucrative opportunities. Located in one of the busiest tourist areas, this turnkey property has a strong reputation for dining among locals and tourists, featuring a capacity for over 85 guests across both indoor and outdoor spaces. The restaurant, fully equipped and ready to trade, represents a fantastic option for investors aiming to break into or expand their presence in the Algarve's thriving hospitality market. With its proximity to the beach (just 1.3 km away) and various amenities, the restaurant is ideally positioned to maximise foot traffic and capture diverse clientele. After over 30 years under the same ownership, the established client base ensures stability and ongoing revenue. The recent refurbishment has enhanced its appeal, featuring modern finishes and improved operational efficiency. There is significant potential to grow revenue through extended hours of operation, with a license allowing trade from 8 a.m. to 2 a.m. daily. This restaurant represents a unique opportunity to capitalise on the tourist influx while enjoying a reputable business model. Interested in reaping the benefits of this high-demand location? Get in touch today to learn more about this investment opportunity!

Usage
Commercial
Type
Restaurant
Town
Albufeira
Parish
Albufeira e Olhos de Água
Municipality
Albufeira, Faro
Region
Algarve (Central)
Construction Year
1990
Renovation Year
2019
Rooms
1
Usable area
80 m²
Fully Fitted, Fully Equipped
Basement
AC
All mains
• 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
Enquire Now   +