You can find this refurbished bar and restaurant business near Albufeira beach for €240,000. The turnkey commercial property is located on Avenida Sá Carneiro in Montechoro, close to Albufeira’s famous Strip. Praia da Oura beach is approximately 1.3km away, and local amenities are within walking distance. It is a fully equipped operation that is ready for a new owner to trade. The established business has been run by the same owner for more than 30 years. Its return clientele includes locals, tourists and families. The restaurant was refurbished and repainted in 2019. New tables and seating were installed throughout the main customer areas. The front elevation opens with sliding doors and windows to connect the interior with the sunny terrace. Customer capacity totals 85 seats, comprising 35 inside and 50 outside. The 80.4m² restaurant includes a bar area and two customer WCs. Its separate 20m² kitchen is fully fitted for commercial food preparation. Equipment includes a Zanussi gas oven, four-ring hob, double gas chip fryer and gas barbecue grill. A large gas griddle, two commercial fridges, stainless-steel counters and double sinks are also included. Two double garages provide storage and contain a staff room with WC and shower. The lower storage areas house a 1,000-litre water tank, water softener and beer cooling equipment. Air conditioning and a fire alarm system support the everyday running of the premises. The business licence allows trading from 8am until 2am every day of the year. This long opening window gives the operator flexibility to develop breakfast, lunch, dinner, bar and late-evening services. The location may appeal to buyers seeking established tourism demand and potential hospitality income, subject to financial due diligence. Balaia golf course is about 4km away, and Faro International Airport is approximately 34.5km distant. Contact us now to arrange a viewing of this Albufeira restaurant business before it is gone.
• 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
