You can buy a highly successful, turnkey restaurant in the bustling area of Albufeira. This refurbished eatery is currently operational and boasts a loyal client base with over 30 years of trading experience. Perfect for buyers looking to invest, the restaurant features seating for over 85 patrons and extends an inviting atmosphere with outdoor terraces. Located just 1.2 km from the beautiful Praia Da Oura beach, it offers easy access to one of the Algarve's most popular tourist destinations, making it a favourable investment opportunity. The premises are fully equipped and ready to trade, including a modern kitchen with quality appliances and ample storage. The restaurant's position on the famous 'Strip' means high foot traffic and visibility, ideal for attracting both locals and holidaymakers. Additionally, the licence to trade from 8 a.m. to 2 a.m. every day allows for extended operating hours, enhancing revenue potential. Enjoy the benefits of owning a profitable business in a prime location, surrounded by amenities and attractions. Contact us now to explore this exciting opportunity!
• 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
