The cost of a turnkey restaurant near the beach in Albufeira is set at €395,000, a competitive price for such a well-established and popular venue. This fully equipped restaurant not only offers a prime location just 1.3 km from Praia Da Oura beach but also comes with a long history of successful trading with sturdy clientele. Its recent refurbishment means minimal additional investment is needed; you can walk in and start trading immediately. Additionally, the restaurant is situated in a vibrant area close to the famous 'Strip', ensuring a steady flow of customers both day and night. Featuring seating for over 85 patrons, including ample outdoor space, this opportunity is perfect for those looking to capitalise on the bustling tourism market. Furthermore, with a fully operating kitchen stocked with commercial-grade appliances, the transition into ownership is seamless. This property not only offers immediate investment potential but also enhances your portfolio in one of Algarve's most sought-after locations. Explore this opportunity further—contact us today to 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
