A fully licensed restaurant and bar for sale in Albufeira can seat 85 customers across its indoor and outdoor areas. Located on the famous Strip in Montechoro, this established business offers a practical opportunity for buyers seeking a ready-to-trade hospitality investment. The licence permits trading from 8 am until 2 am daily throughout the year. The restaurant occupies approximately 80 square metres and has seating for 35 guests inside. Its sunny outdoor terraces provide space for a further 50 customers. The business has traded with the same owner for more than 30 years. Strong repeat clientele, including local families and returning tourists, supports its established trading profile. The premises were refurbished in 2019 with new seating, tables, paintwork and refreshed interiors. Sliding doors and windows across the front allow the restaurant to open towards the terraces. A fully equipped 20 square metre kitchen is included in the sale. Kitchen equipment includes a Zanussi gas oven, four-ring hob, double chip fryer, gas barbecue grill and large gas griddle. Additional fittings include upright and long fridges, stainless-steel counters, a double sink and a staff hand-washing sink. The bar area serves the main restaurant and is supported by two customer toilets with individual wash basins. Two double garage storage areas provide useful stock space and include a staff room with WC and shower. The lower storage level also houses a 1,000-litre water tank, water softener and beer cooling equipment. A fire alarm system and air conditioning add to the operational practicality of the business. Praia da Oura beach is approximately 1.3 kilometres away, while shops, services and other amenities are within walking distance. Balaia golf course is around 4 kilometres away and Faro International Airport is approximately 34.5 kilometres from the restaurant. Offered at €240,000, the business may appeal to buyers looking for tourism-led trading potential, although independent financial and licensing advice should be obtained. Contact us now to arrange further information or schedule a viewing of this Albufeira restaurant investment.
• 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