If you’re looking for a profitable restaurant for sale in Albufeira, this refurbished turnkey business is an excellent choice. Situated in a prime location in the bustling tourist hotspot, this restaurant draws both locals and visitors, boasting a loyal client base that has returned for over 30 years. With seating for 85 people and a sunny outdoor terrace, the venue is designed for both dining and socialising, enhancing its appeal as a viable investment opportunity. Just 1.3 km from the beautiful Praia Da Oura beach and within walking distance to local amenities, this restaurant is perfectly positioned to attract regular foot traffic and seasonal visitors alike. The successful business includes all furnishings and equipment, so you can start trading immediately without any additional investment. The property features an 80m² dining area, alongside a fully equipped kitchen with modern conveniences to cater to your culinary needs. Its attractive exterior can be opened up completely with sliding doors, creating an inviting atmosphere. Furthermore, the restaurant holds a license to operate from 8 a.m. until 2 a.m. daily, allowing for extended operating hours year-round. With ongoing growth in tourism in the Algarve region, the potential for return on investment is significant. This is a lucrative opportunity for an ambitious buyer looking to step into a thriving business. Don't miss your chance to own a piece of Albufeira's vibrant culinary scene. 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
