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What is the price of a fully operational restaurant in Albufeira?

Restaurant in Albufeira

ref. VM1538
4.331.817SEK
  • B-
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The price of this fully operational restaurant in Albufeira is €395,000, a compelling investment for those interested in owning a successful business in a prime location. Situated just over 1 km from the stunning Praia Da Oura beach, this refurbished restaurant boasts a capacity for 85 diners across both indoor and outdoor seating. The outdoor terraces provide an inviting atmosphere, particularly appealing in the Algarve's sunny climate.

For serious buyers looking for an operational restaurant, this property comes equipped with all necessary furnishings and kitchen appliances, ready to trade from day one. The restaurant benefits from a longstanding reputation, having cultivated a loyal customer base over its 30 years of operation under the same owner.

The prime location, nestled within Albufeira's popular resort area, ensures steady foot traffic from tourists and locals alike. Buyers will appreciate the potential for generating substantial revenue, especially during the peak summer months. Moreover, the licensing permits year-round operation from 8 a.m. to 2 a.m., maximizing profit opportunities.

The well-structured kitchen is efficient and ideal for high-volume service, complemented by essential storage solutions and a dedicated staff area. This property isn’t just a restaurant; it's an opportunity to invest in a dream lifestyle in one of Portugal’s most vibrant locales. Don’t hesitate—contact us today to seize this opportunity and schedule a viewing!

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   +