This successful, turnkey restaurant located in Albufeira presents a fantastic investment opportunity. With a prime location along the bustling 'Strip', this establishment has been well-established for over 30 years and enjoys a loyal customer base among locals and tourists alike. The restaurant features a spacious 80m² indoor area accommodating seating for 35, plus a sunny outdoor terrace with space for 50 guests, ensuring ample capacity to serve the high tourist volume of the area.
Recently refurbished in 2019, the restaurant is fully equipped and ready to trade, making it perfect for buyers looking to step into a profitable business without delay. With a licensing that allows operation from 8 a.m. to 2 a.m. every day, you can maximise revenue opportunities through extended hours.
Conveniently situated just 1.3 km from Praia Da Oura beach and a short drive from Faro airport, it boasts excellent accessibility to both locals and tourists. The modern kitchen includes state-of-the-art appliances, such as a Zannusi gas oven and multiple fryers, ideal for providing a diverse menu. Additionally, there’s a spacious basement that houses storage and utilities, making operational management seamless.
Furthermore, the restaurant's reputation and established clientele provide a robust foundation for continued success and potential growth. Owners can expect a strong return on investment due to its strategic location and established brand. Don’t miss out on this unique opportunity to own a thriving business in one of Portugal's most desirable regions. Contact us now to schedule a viewing!
• 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
