If you're looking to buy a successful restaurant in Albufeira Resort, this turnkey property is an excellent choice. Located in a high tourist area, the restaurant caters to over 85 people with its well-appointed indoor seating and sunny outdoor terraces. Just 1.2 km from the beautiful Praia Da Oura beach, this refurbished establishment has been thriving for more than 30 years, boasting a loyal clientele that includes locals and tourists alike. With a full bar licence allowing trade from 8 am to 2 am, this venue is ideally positioned for success. The recent refurbishment has modernised the space, creating a welcoming atmosphere that stands out. It features a fully equipped kitchen, with commercial-grade appliances like a gas oven and grill, which are essential for serving a high volume of customers. You'll benefit from ample storage options, including garages and a dedicated staff room with facilities. The spacious outdoor terraces are perfect for dining al fresco and enjoying the sunny Algarve weather. The restaurant's location not only ensures foot traffic but is also within walking distance of all essential amenities. This is a prime opportunity for investors looking to enter the hospitality market in a thriving resort town. Don't miss out on this lucrative investment opportunity—contact us now to schedule 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
