This fully equipped restaurant in Albufeira is available for a competitive price of €395,000. It boasts a spacious area of 80m² and includes delightful sunny outdoor terraces, perfect for al fresco dining. Situated in a high tourist area, this property presents an excellent opportunity for buyers looking to invest in a thriving business. The restaurant has been refurbished recently, ensuring a fresh and modern ambiance for clientele. With seating for up to 85 people, there’s plenty of space to accommodate guests. Additionally, it offers a fully equipped kitchen ready to trade, featuring top-notch appliances such as a gas oven, fryer, and BBQ grill. Just 1.3 km from Praia Da Oura, it attracts both locals and tourists alike. The prime location on the famous 'Strip' of Albufeira enhances its visibility and foot traffic. Being licensed to operate from 8 a.m. to 2 a.m. year-round maximizes your potential income. The property is included in the sale, along with all furnishings and equipment. Plus, the bar has an established client base, having traded successfully for over 30 years. This not only provides confidence in its profitability but also promises great return on investment. Explore this exceptional opportunity further by contacting us today!
• 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
