The budget required to purchase this ready-to-operate restaurant close to Praia da Oura is €240,000. That price includes the established bar and restaurant business, furnishings, commercial equipment and a fully licensed operation in Albufeira. The venue is approximately 1.3 km from Praia da Oura beach and sits within walking distance of everyday amenities. Buyers receive an 80 m² restaurant that was refurbished in 2019. The property provides 85 customer seats, divided between 35 indoors and 50 on sunny outdoor terraces. Its position on the famous Strip gives the business visibility among tourists, residents and returning families. The same owner has operated the successful business for over 30 years. The trading licence allows opening from 8 am to 2 am every day throughout the year. This extended schedule creates flexibility for morning service, daytime dining, evening meals and late-night bar trade. The openable frontage uses sliding doors and windows to maximise airflow and terrace connection. A 20 m² professional kitchen is included in the sale. Equipment includes a Zanussi gas oven, four-ring hob, double gas chip fryer, gas barbecue and large griddle. Cold storage is provided by an upright fridge and a long fridge. Stainless-steel work surfaces, double sinks and a dedicated staff hand sink are already installed. Two customer toilets serve the restaurant and bar area. Two double garages offer substantial storage and include a staff room with WC and shower. The lower area also houses the beer cooler, water softener and 1,000-litre water tank. Faro International Airport is about 34.5 km away, making the venue accessible to overseas visitors and owners. Contact us to confirm the financial details and book a viewing of this Praia da Oura-area restaurant.
• 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
