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Where can I invest in a turnkey restaurant in Albufeira?

Restaurant in Albufeira

ref. VM1538
325.000€
  • B-
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Investing in a turnkey restaurant in Albufeira is a fantastic opportunity that you shouldn't miss! This refurbished establishment is situated in one of the busiest areas, serving over 85 patrons comfortably, both inside and on the sunny outdoor terrace. It's just a short 1.3 km stroll to Praia Da Oura, making it a prime location for attracting tourists and locals alike. This restaurant has a rich history, having operated successfully for over 30 years with many returning customers who appreciate its vibrant ambience. Fully equipped and ready to trade, it boasts a commercial area of 80 m² and a well-furnished bar area, perfect for operating year-round from 8 a.m. to 2 a.m. All the necessary furnishings and kitchen equipment are included in the sale, making it an ideal option for enthusiastic buyers ready to step into a profitable business. Not only does this location present a strong potential for return on investment, but it is also within walking distance of various amenities, ensuring a consistent footfall. Plus, it’s easily accessible, being only a half-hour drive from Faro Airport. Don’t let this chance slip away; contact us now to explore this incredible investment opportunity!

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   +