You can buy a turnkey restaurant just 1.3 km from Praia Da Oura beach in Algarve, ideal for aspiring restaurateurs. This successful, refurbished restaurant in Albufeira is set in a prime location, attracting both locals and tourists with its capacity to serve over 85 guests. With outdoor terraces available for al fresco dining, this property not only offers a great dining experience but also a significant investment opportunity in a highly sought-after area.
Situated within the bustling 'Strip' of Albufeira, this restaurant has been successfully trading for over 30 years, benefiting from a loyal returning clientele. The refurbishment includes modern seating and an open atmosphere with sliding doors to enhance the dining experience. The fully equipped restaurant is ready to trade, featuring an 80m² dining area with room for both indoor and outdoor seating, making it perfect for sunny Algarve days.
The investment potential is significant, especially in a busy tourist area, making this a great opportunity for buyers looking for established businesses. Additionally, the property comes with a bar license allowing operations from 8 a.m. to 2 a.m. every day, maximizing service hours.
Within a vibrant community and walking distance to numerous amenities, this restaurant is perfectly positioned for year-round success. Don’t miss out on this exceptional opportunity to invest in a thriving business in one of Portugal’s top tourist destinations. 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
