Thinking about buying a well-established restaurant in Albufeira e Olhos de Água? This unique opportunity allows you to acquire a turnkey restaurant that has been operational for over 30 years in a prime location. Priced at €395,000, the restaurant is only 1.3 km from the popular Praia Da Oura beach, ensuring a steady flow of visitors all year round.
The restaurant is designed to accommodate over 85 diners, featuring both an indoor dining area and expansive outdoor terraces that enhance customer experiences beautifully. This recently refurbished space boasts modern fittings and a welcoming atmosphere that is sure to attract locals and tourists alike.
With all furniture and equipment included, you can step right in and start earning profits from day one. The kitchen is fully equipped, ready for any culinary concept, making it flexible enough to cater to a variety of tastes.
Investing in this restaurant means investing in a proven business model with a loyal clientele and the chance to thrive in a high-demand tourist area. The operational hours are also advantageous, with full licensing to serve beverages from early morning until late at night. Don’t let this opportunity pass you by; secure your place in Albufeira's flourishing restaurant scene today! Contact us to arrange a viewing!
• 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
