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Where can I purchase a successful restaurant in Albufeira?

Restaurant in Albufeira

ref. VM1538
325.000€ 240.000€
  • B-

You can purchase a successful restaurant located in the bustling resort area of Albufeira. This refurbished, turnkey restaurant is positioned within the vibrant 'Strip', just 1.3 km from the beautiful Praia Da Oura beach. Boasting a capacity to serve over 85 guests, including outdoor terraces, it has built a strong reputation among both locals and tourists, ensuring a steady flow of returning clientele.

The restaurant spans 80m² and features sunny outdoor terraces, ideal for al fresco dining. Equipped with a fully operational kitchen and all necessary furnishings, this venue is ready for immediate trading. With its recent refurbishment in 2019, the restaurant is modern and inviting, making it attractive to a diverse range of customers.

Additionally, the venue's prime location ensures high foot traffic and visibility, essential for any successful dining establishment. Nearby amenities including shops and entertainment venues enhance the location's appeal. The restaurant has a license to trade from 8 a.m. to 2 a.m. daily, providing flexibility for varied dining experiences, whether lunch, dinner, or late-night service.

Furthermore, Albufeira is a popular destination for tourists, especially in the summer months, increasing potential revenue. The proximity to Faro airport (only 34.5 km away) makes it accessible for international visitors. This property not only offers a fantastic business opportunity but also a desirable lifestyle. If you're looking for a solid investment with proven success, this restaurant is a prime choice.

Contact us now to explore this incredible opportunity further!

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
• 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
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