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Where can I buy a successful turnkey restaurant in Albufeira?

Restaurant in Albufeira

ref. VM1538
2.425.912DKK
  • B-
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If you're looking to buy a successful turnkey restaurant in Albufeira, this refurbished establishment is a prime investment opportunity. With a seating capacity for over 85 people, including sunny outdoor terraces, it's perfect for buyers looking to enter the bustling hospitality scene of Albufeira. Situated just over 1km from the beautiful Praia Da Oura and within walking distance to local amenities, this restaurant has been thriving in a high tourist area for over 30 years. It features a spacious restaurant area of 80m², fully equipped and ready to trade, ensuring a seamless transition for new owners. The complete refurbishment includes new furnishings and a welcoming atmosphere that has built a loyal clientele. The bar comes with the license to operate daily from 8 a.m. to 2 a.m., maximizing your potential for revenue. It also boasts a well-equipped kitchen for this bustling property, giving you everything needed to hit the ground running. Furthermore, with close proximity to famous attractions and easy access from Faro International Airport, the location is ideal for capturing both tourists and locals. If you're serious about investing in a restaurant, don't miss this exceptional opportunity. Contact us today to schedule a viewing and explore your future in Albufeira's restaurant scene!

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   +