If you're looking to buy a successful restaurant in Albufeira's vibrant 'Strip', this is the perfect opportunity. Located just 1.2 km from Praia Da Oura, the restaurant benefits from a prime high-traffic area that attracts both locals and tourists alike. With over 30 years of steady trading under the same ownership, it has a loyal customer base and strong return clientele.
The restaurant spans 80m² and comes fully equipped to trade immediately, making it an ideal investment for serious buyers. It features a contemporary design, having been recently refurbished, and offers seating for 85, with 35 inside and 50 outside on a sunny terrace. The outdoor areas, with large sliding doors, create an inviting atmosphere perfect for al fresco dining.
The kitchen is well-equipped with professional-grade appliances, including a Zannusi gas oven, double chip fryer, gas BBQ grill, and ample refrigeration, ideal for busy service. Additionally, the property boasts a bar with a licence to operate from 8 a.m. to 2 a.m. every day, enhancing the potential for evening trade.
As an investment, this restaurant not only offers robust profit potential but also the chance to operate in a highly sought-after tourist area of the Algarve. Nearby amenities include shops, entertainment options, and easy access to public transport. The appeal of being within walking distance to the beach cannot be overstated for attracting patrons.
Don't miss your chance to secure a thriving business in this iconic location. 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
