This fully equipped restaurant in Albufeira, complete with stunning outdoor terraces, is available for sale at an attractive price of €395,000. The restaurant spans 80m² and has a seating capacity of 85, with ample space provided both indoors and outdoors for a delightful dining experience.
Ideally situated in the bustling 'Strip', this property has been successfully operated for over 30 years, ensuring it has a well-established customer base. The recent refurbishment has modernised the space, making it ready for immediate operation. Outdoor terraces are integral to its charm, allowing patrons to enjoy their meals al fresco, attracting both tourists and locals alike.
The fully equipped kitchen features professional-grade appliances, ensuring effective service even during peak hours. The bar is licensed to operate from 8 a.m. to 2 a.m., expanding the business's revenue streams. With all furnishings and kitchen equipment included in the sale, buyers can start generating income from day one.
Additionally, the property benefits from its proximity to the popular Praia Da Oura beach, just a short walk away, further enhancing its appeal for diners. This is a prime investment opportunity for anyone looking to enter the thriving food and beverage sector in the Algarve.
Don’t hesitate to seize this chance; contact us today for further details and to arrange a visit!
• 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
