For those looking to buy a turnkey restaurant in a sought-after tourist location, look no further than this gem in Albufeira! This fully refurbished restaurant is situated just a short walk from all major amenities and popular beaches, making it an ideal spot for attracting visitors. With a spacious restaurant area of 80m² and the capacity to serve 85 patrons, the business is poised to thrive in a high-footfall area known for its vibrant atmosphere. Outdoor terraces provide a welcoming space for al fresco dining, a feature highly sought after by tourists during the sunny months. Additionally, the property’s proximity to Praia Da Oura and a well-established presence means consistent patronage from both locals and tourists alike. This is your opportunity to take over an iconic establishment with a proven track record. All furnishings and kitchen equipment are included in the price, ensuring a smooth transition for the new owner. If you’re looking for a profitable venture in Albufeira, this restaurant could be your perfect match. Explore this property today before it’s 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
