This refurbished restaurant in Albufeira offers a perfect opportunity for serious buyers looking to serve up to 85 patrons, complete with both indoor and outdoor seating options. Located in the energetic 'Strip' area, this venue thrives on tourist and local foot traffic, ensuring profitable days and nights.
Being just 1.3 km from the stunning Praia Da Oura beach means consistent customer availability, ideal for casual beach diners or families on holiday. The fully fitted kitchen, equipped with essential appliances, ensures you're all set for immediate operation, without the need for costly renovations.
Spanning an area of 80 m², the restaurant’s capacity for 85 guests makes it a viable option for large bookings and events. The interior has been recently renewed with attractive furnishings that invite customers to relax and enjoy their dining experience.
Additionally, the restaurant benefits from a lucrative trading licence permitting operation from 8 a.m. up until 2 a.m., giving you the flexibility to maximise profits during busy nights. Being an established establishment with over 30 years of successful trading, it has built a strong reputation in the local area with a dedicated clientele.
This refined venue not only promises a solid ROI but also a lifestyle change for anyone seeking to manage a popular restaurant in a flourishing resort town. Interested in learning more? Reach out to us for a viewing today!
• 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
