If you're looking to buy a successful restaurant with outdoor terraces in Albufeira, this refurbished venue is a prime choice. Located in a bustling tourist area just 1.3 km from Praia Da Oura, it offers a vibrant atmosphere and ample seating for over 85 guests, catering to both locals and tourists. This turnkey property features a sunny outdoor terrace and has been in business for over 30 years, boasting a loyal clientele base. The restaurant spans an impressive 80m² and has been fully equipped to facilitate immediate trading. Ideal for buyers seeking a profitable investment, it comes complete with all furnishings and kitchen equipment necessary for operation. Nearby amenities, including shops and beaches, enhance the business's appeal, ensuring steady customer traffic. With a bar licence allowing trading from 8 am to 2 am, the potential for revenue generation is significant. The recently refurbished environment features modern seating and a spacious bar area ready to attract patronage. Additionally, the property includes a well-equipped kitchen with high-quality appliances, making food preparation efficient. For those considering the potential of rental income or further expansion, this location offers vibrant opportunities. Positioned within easy reach of Faro airport, this restaurant is perfectly situated for seasonal influxes of tourists. Don't miss out on this unique investment in the heart of Albufeira. 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
