If you're looking for a thriving restaurant in Albufeira, this refurbished turnkey opportunity is perfect for you. Located in a prime tourist area, this successful restaurant has been attracting both locals and tourists for over 30 years. With a capacity to serve over 85 guests and inviting outdoor terraces, it's a popular choice for diners. Just 1.3 km from Praia Da Oura beach, you'll enjoy a fantastic location that keeps guests returning. The restaurant boasts a spacious 80m² dining area, fully equipped kitchen, and ample storage space including a garage. The bar is licensed to operate daily from 8 a.m. to 2 a.m., allowing for extended service hours. Recent refurbishments include new furniture and an attractive decor that enhances the dining experience. Additionally, the layout with sliding doors offers a seamless indoor-outdoor flow, perfect for the Mediterranean climate. Being in the heart of Albufeira, you're steps away from amenities and attractions, making it a great investment for buyers seeking a robust business opportunity. Ideal for those ready to step into a well-established operation with a loyal clientele. Don't miss out—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