Running a restaurant near Monchique entails careful consideration of various costs, including utilities, staff wages, and maintenance of the property. The available restaurant for sale comes with mains water, electricity, and a septic tank, making it easier to manage operational expenses. With a history of successfully operating for 27 years, this restaurant provides a stable income source.
The restaurant spans 113m² and has a seating capacity for at least 20 guests, ensuring it can cater to the locals and tourists alike, especially given its proximity to Monchique, just 8km away. Additionally, the property comes with 3,640m² of land, which can be utilised for growing fresh produce, thereby cutting down food costs and enhancing the profitability of menu offerings.
The annual costs may also reflect the property’s potential for earnings, driven by its excellent location, stunning countryside views, and the appeal of Monchique nearby. Investors looking for a promising business should consider the operational history and the opportunity to integrate farm-to-table concepts into their restaurant.
To gain detailed insights into the financial aspects and potential returns of this restaurant investment, we encourage serious buyers to reach out. Let us help you analyse the costs involved in running a restaurant in this beautiful region.
• Restaurant in Operation
• Living area house 93m² and restaurant 113m²
• Construction 206m²
• Plot size 3.640m²
• Year of construction 1993
• 2 bedrooms 1 bathroom in house, 2 WC in restaurant
• Wood burner in restaurant
• Views to the hills and countryside
• 35km to south coast beaches
This traditional restaurant has been running successfully for 27 years but is ready for new owners. There is plenty of fertile land with well water so that produce could be easily grown and there are olive trees producing about 1000kg per annum, some of which are used for the table and some for oil.
The adjoining house needs refurbishment but has water and electricity along with a loft space reached by a staircase.
• One room restaurant with seating capacity of at least 20 pax
• Small bar and old style kitchen
Amenities
• Mains water and electricity
• Septic tank
• Well water for irrigation
• Good internet
• Wood burner in restaurant
Location
8km to Monchique with all amenities
35km to south coast beaches
89km to Faro airport
