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Which refurbished restaurants for sale in Albufeira have return clientele?

Restaurant in Albufeira

ref. VM1538
3.555.222SEK
  • B-

This refurbished restaurant in Albufeira is an outstanding investment opportunity, as it already enjoys a strong return clientele built over more than 30 years. Located just 1.3 km from Praia Da Oura beach, this successful business is at the heart of the bustling tourist area, ensuring footfall from holidaymakers all year round. The restaurant has been recently modernised and is ready for immediate operation, boasting spacious interior dining for 35 guests and an attractive outdoor terrace accommodating another 50. Its central location provides easy access to nearby amenities while maintaining a solid reputation for quality service. The bar is licensed for extended hours, attracting a diverse clientele from both local residents and tourists alike. With its full equipment and a well-designed layout, this restaurant is ideal for those seeking a profitable venture in the hospitality industry. Perfect for buyers looking to capitalize on the Algarve’s vibrant tourism market, now is the time to secure this exceptional restaurant. Contact us to arrange a viewing and kickstart your business adventure!

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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