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Where to buy a thriving restaurant in Albufeira's tourist hub?

Restaurant in Albufeira

ref. VM1538
2.429.434DKK 1.794.044DKK
  • B-
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Find this thriving turnkey restaurant for sale in the heart of Albufeira’s tourist hub, an ideal location for potential buyers looking to invest in a lucrative business. Priced at €240,000, this restaurant can comfortably seat over 85 guests with well-designed indoor and outdoor spaces that attract locals and tourists alike. Located just 1.3 km from Praia Da Oura beach and close to all amenities, the restaurant benefits from high foot traffic, essential for sustaining a successful operation. With over 30 years in business and a loyal customer base, it showcases stability and ongoing potential for growth. The property has recently undergone refurbishment, ensuring a modernized interior that appeals to a diverse clientele. The commercial kitchen is fully equipped with essential utilities for immediate use, reducing the need for upfront investment. Additionally, its licence allows trading from 8 a.m. to 2 a.m., making it well-suited for both daytime diners and late-night crowds. This restaurant stands as a fantastic opportunity for buyers looking to enter the hospitality industry in one of the Algarve’s most sought-after locations. Don't miss your chance to own a piece of Albufeira's vibrant hospitality scene! Contact us now to organise a viewing!

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   +