For sale is a turnkey restaurant in one of the busiest resort areas of Albufeira, priced competitively at €240,000. This fully equipped establishment is located just 1.3 km from the stunning Praia Da Oura, which is ideal for attracting both local and tourist clientele. With a seating capacity of over 85 guests, including outdoor terraces, the restaurant is designed to provide a welcoming atmosphere.
The restaurant features a recently refurbished space covering 80m², making it both modern and functional. It includes a fully fitted kitchen, ensuring it comes equipped with high-quality appliances, such as a Zannusi gas oven and a double fryer. The restaurant's refurbishment includes new furnishings, creating an inviting ambience that encourages repeat visits from satisfied customers.
Situated strategically in the famous 'Strip', the restaurant is near various amenities and has high visibility, which is crucial for attracting foot traffic. The restaurant is also well-licensed, able to operate daily until 2 a.m., providing ample opportunity to maximise profit, especially during peak tourist seasons.
Investing in this Albufeira restaurant not only offers the chance for a profitable business but also provides a lifestyle that many aspire to. The unique location, combined with the operational advantages and a history of successful trading, makes this an attractive venture. Don't miss out on this great investment opportunity—contact us to learn more!
• 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
