A ready-to-trade restaurant business on Albufeira’s Strip is available to purchase for €240,000. The established venue combines a refurbished dining room, licensed bar, outdoor terraces and a fully equipped commercial kitchen. It is suited to buyers looking for an operating opportunity in one of Albufeira’s busiest tourist areas. The business has traded under the same ownership for over 30 years. Its repeat clientele includes local customers, families and returning tourists. The restaurant occupies approximately 80 square metres, with a further 20 square metres allocated to the kitchen. Inside, there is seating for 35 guests, while the sunny terraces accommodate 50 more. The total published seating capacity is 85 customers. New tables, seating and fresh paint were added during the recent refurbishment. The front of the property opens through sliding doors and windows, improving ventilation and creating an inviting terrace connection. A licence allows the bar and restaurant to trade from 8am until 2am every day throughout the year. The kitchen includes a Zanussi gas oven, four-ring hob, double gas fryer, barbecue grill and large gas griddle. Upright and long refrigerators, stainless-steel counters, double sinks and a staff hand basin are included. Storage is provided by two double garage areas beneath the main premises. A staff room with WC and shower is also available in the lower storage area. The beer cooler, water softener and 1,000-litre water tank contribute to efficient day-to-day operations. Praia da Oura is approximately 1.2 to 1.3 kilometres away, and local amenities are within walking distance. Balaia golf course is around 4 kilometres from the restaurant, adding another nearby visitor attraction. The location, established customer base and included equipment may appeal to purchasers assessing turnover growth, rental potential and investment returns. Contact us now for full details and to arrange a viewing of this Albufeira Strip business.
• 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
