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Why should I invest in a 73m² restaurant business near the beach in the Algarve?

Restaurant in Carvoeiro

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

Investing in this 73m² restaurant business near the beach in the Algarve could give buyers an established hospitality operation in central Carvoeiro for €585,000. The business is only 170 metres from the beach and is already fully furnished, equipped and prepared for immediate trade. Its successful trading history, outdoor terrace and central position create several factors for buyers to investigate. Carvoeiro attracts residents, tourists and beach visitors throughout the year. The premises benefit from passing customers on Rua do Farol in the town centre. Shops are around 50 metres away, while the beach is close enough to encourage spontaneous visits. A reputation dating back to the early 1990s offers a valuable foundation for continued trading. The current snack bar and restaurant format can serve food, drinks and informal gatherings. An outdoor terrace provides an opportunity for al-fresco dining in the Algarve climate. Inside, comfortable seating gives customers a place to relax and watch sporting events. The bar area supports a flexible drinks-led or food-led business model. A fully equipped kitchen limits the immediate need for additional fit-out expenditure. The premises also include two toilets and useful storage space. Air-conditioning supports consistent comfort during busy summer trading and quieter winter periods. High-quality acoustics and noise insulation are already installed for the customer environment. The business is prepared to operate seven days a week throughout the year. Opening permission throughout the day until 4am may allow a broad trading schedule, subject to verification. Potential returns and rental income would depend on turnover, operating costs, licensing and management, so buyers should complete due diligence. Golf facilities approximately 2.5 kilometres away and Faro Airport 62 kilometres away add to the commercial location’s appeal. Contact us to review the opportunity, verify the details and schedule a viewing.

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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