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Why is investing in a snack bar business in the Algarve a good idea?

Restaurant in Carvoeiro

ref. PPP687
585.000€
  • C
  • 2
  • 73m2
  • 73m2

Investing in a snack bar business in the Algarve, such as the one for sale in Carvoeiro at €585,000, is a smart move due to its desirable location and established reputation. This snack bar is fully operational, with a solid history since the early 1990s, making it appealing for an investor looking for immediate returns. With only a 170-metre distance to the beach, it attracts consistent foot traffic from both tourists and locals, ensuring year-round patronage. The fully furnished 73m² space includes a well-equipped kitchen and a charming outdoor terrace, allowing for a diverse dining experience. Additionally, it comes with a late-night operating license, opening up opportunities for evening clientele. Such a business not only benefits from a thriving tourist season but also has potential for consistent rental income and local customers throughout the year. This is a rare opportunity to invest in a profitable hospitality venture in a stunning region. For more information on this investment opportunity, contact us today!

Usage
Commercial
Type
Restaurant
Town
Carvoeiro
Parish
Lagoa e Carvoeiro
Municipality
Lagoa, Faro
Region
Algarve (West)
Construction Year
1993
Rooms
3
Bathrooms
2
Floors
1
Furnished
Fully
Living Area
73 m²
Usable area
73 m²
Plot Area
73 m²
Tarmac
Parking outdoors
Terraces
Fully Fitted, Fully Equipped
Storage
2 WC
Internet/Phone, Cable/Satellite TV
Mains electric, Mains drainage, Mains water
Double glazing
Courtyard
Town View
• Turnkey Business in operation
• 73m² Area
• Excellent Location
• Outdoor Terrace
• Fully Equipped Kitchen
• Distance from Beach 170m

A fully functional and operating snack/bar/restaurant with an outside terrace to enjoy al-fresco dining and drinking whilst watching the world of Carvoeiro going by! Inside there is ample space with the opportunity to enjoy all sporting events.

This commercial venture of 73m² is sold fully furnished and equipped - there are 2 toilets, a bar area with comfortable seating, a fully equipped kitchen, and a lovely outdoor terrace. This snack bar is in excellent condition, and fully prepared for immediate trade. Equipped with air-conditioning, high-quality acoustics, and noise insulation.

The current business is prepared to operate 7 days a week and throughout the year and has a license to open all day until 4am.

It is very popular with residents and tourists alike.
A perfect business opportunity with a great history and reputation going back to the early 1990´s.

Amenities

• AC
• High Quality Acoustic and Sound Insulation
• 2 WC
• Bar Area

Location

• Carvoeiro : N/A
• Beach : 170m
• Shops : 50m
• Golf : 2.5km
• Airport : 62km

Other Info

* The features / equipment mentioned in this description are subject to verification and agreement between sellers and buyers.
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