Buying this refurbished restaurant business on Albufeira’s famous Strip gives you a ready-to-trade commercial opportunity in a busy tourist resort. The business is offered at €240,000 with its furnishings, equipment and current trading infrastructure included. Its established position near Praia da Oura makes it suitable for buyers seeking a restaurant for sale in a high-footfall Algarve location. The premises have been fully refurbished and repainted to create a fresh environment for customers and staff. New tables and seating are provided throughout the restaurant. The main dining area measures approximately 80 square metres. A sunny outdoor terrace expands the customer area and provides 50 additional seats. Inside, 35 customers can be seated comfortably, creating a total capacity of 85 people. The openable frontage uses sliding doors and windows to improve airflow and visibility. The business has been trading under the same ownership for more than three decades. Returning customers, including local families and tourists, offer a useful foundation for a new operator. The fully fitted kitchen measures approximately 20 square metres and is designed for immediate food service. Included appliances comprise a Zanussi gas oven, four-ring hob, double chip fryer, gas barbecue and large gas griddle. Refrigeration, stainless-steel work surfaces, sinks and drainage equipment are also in place. The bar area includes supporting cooling equipment located in the lower storage facilities. A full licence permits opening between 8am and 2am every day of the year. Two double garages provide substantial storage, together with a staff room and shower facilities. Praia da Oura is around 1.3 kilometres away, and everyday amenities are within walking distance. Faro International Airport can be reached in approximately 34.5 kilometres, while Balaia golf course is about 4 kilometres away. The existing operation may offer potential for owner operation, business expansion or income generation, subject to thorough due diligence. Contact us to arrange a viewing and assess this refurbished Strip restaurant for yourself.
• 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
