The cost of a turnkey restaurant in Albufeira is €395,000, making it an attractive opportunity for potential buyers. This successful restaurant has been refurbished to a high standard and is located within walking distance to all amenities and just 1.3 km from Praia Da Oura beach. It can serve over 85 customers with its inviting indoor and outdoor seating spaces, perfect for the Algarve’s sunny weather. With a fully equipped kitchen and all furnishings included in the price, it’s ready for operation immediately. The restaurant enjoys a passionate returning clientele and is situated in a high-traffic area of town. Investors will appreciate the potential for substantial returns, particularly in peak tourist seasons. This vibrant location near the beach greatly enhances its appeal, as does its proximity to local golf courses and the airport. If you're considering an investment in the hospitality sector of Albufeira, this restaurant stands out as a prime choice. Don't miss out on the chance to own a thriving business in one of Portugal’s most famed tourist destinations. Inquire now to find out more details and 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
