Investing in a fully equipped restaurant just 1.3 km from the beach in Albufeira is an excellent opportunity, currently listed for €240,000. This successful establishment promises significant potential due to its prime location near Praia Da Oura, a popular destination for tourists and locals alike. With a seating capacity for over 85 guests, including outdoor terraces, the restaurant benefits from high visitor traffic, ensuring steady revenue.
The restaurant showcases an inviting atmosphere with modern furnishings, having been refurbished in 2019 to keep up with current trends. Its 80m² space is designed for comfort and functionality, while the fully equipped kitchen is ready for use, making it easy to launch your culinary vision.
You also gain advantage from the flexible operating hours, with a license to trade from 8 a.m. until 2 a.m., allowing you to extend your reach into late-night dining. The strategic location on the famous 'Strip' further enhances the business appeal, surrounded by various amenities and entertainment options.
Further adding value is the restaurant's history of successful trading, ensuring established clientele and significant rental potential. Albufeira's vibrant tourism market makes this an attractive investment for those looking to tap into the restaurant sector.
Explore the potential returns on your investment—contact us now to learn more about this fantastic opportunity!
• 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
