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What are the top restaurant investment options in Albufeira for serious buyers?

Restaurant in Albufeira

ref. VM1538
3.758.762NOK
  • B-
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Serious buyers looking for the top restaurant investment options in Albufeira should consider this fully refurbished turnkey restaurant located in the heart of a high tourist area. Priced at €325,000, this business is not only successful but offers a comprehensive set of amenities that cater to a thriving clientele. It features a spacious restaurant area with seating for 85, including an attractive outdoor terrace that enhances customer experience during the warm seasons. The well-equipped kitchen comes with state-of-the-art appliances, allowing new owners to serve a wide variety of delicious dishes effortlessly. Being just 1.3 km from the beach, it attracts both locals and tourists, ensuring a steady flow of customers year-round. The restaurant's prime location on the bustling 'Strip' guarantees high visibility, which translates into growth potential. Its operational flexibility with extended hours from 8 a.m. to 2 a.m. gives buyers the advantage to maximise their income. With a history of being loved by families visiting the area, this restaurant represents a low-risk investment in the booming Algarve tourism sector. Explore this unique opportunity to own a well-positioned business in Albufeira – contact us to schedule your viewing today!

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   +