Investing in a restaurant located in a high tourist area like Albufeira offers exceptional potential for returns. This turnkey restaurant, with a seating capacity of 85, is perfectly positioned just a short distance from popular beaches, ensuring a steady flow of customers all year round. The recently refurbished space complements the lively atmosphere of the famous 'Strip', attracting both tourists and locals, which boosts your revenue opportunities. With a proven track record of successful business with loyal clientele for over 30 years, this establishment is not just a restaurant; it is a well-established brand ripe for continued growth. The robust operational hours, licensed from 8 a.m. to 2 a.m., allow for maximum flexibility to capitalise on peak dining times. The lucrative tourist season promises even more potential, given the restaurant’s outdoor terraces which attract guests looking to dine al fresco. When considering the ongoing demand in this area, investing here can yield significant profits. Take advantage of this unique opportunity—reach out for further information and to arrange a viewing of this promising investment 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
