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How can I invest in a renowned restaurant in the Algarve?

Restaurant in Carvoeiro

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

Investing in a well-established restaurant in Carvoeiro has never been easier with this successful snack bar now on the market for €585,000. This turn-key operation boasts a fully equipped kitchen, bar area, and outdoor terrace, making it a perfect spot for both casual dining and nightlife. Located just 170 metres from the beach, the business benefits from high foot traffic with a strategic position in a bustling area popular with both locals and tourists. The restaurant occupies a generous 73m² space, fully furnished and operational, enabling the new owner to start generating income right away. With a history dating back to the early 90s, the restaurant offers a strong brand presence and community rapport. This property also features high-quality acoustic and sound insulation, which is ideal for a lively environment. The business has licence provisions to operate till 4am, thus capturing the vibrant Algarve nightlife. Nearby shops and recreational facilities, including golfing options 2.5km away, bolster its investment potential further. Contact us to discuss this incredible investment opportunity in the Algarve 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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