This turnkey restaurant for sale in Albufeira, boasting seating for over 85 people, is an exceptional investment opportunity. Located just 1.3 km from the beautiful Praia Da Oura, this property is fully equipped and ready for immediate operation. The restaurant features both indoor seating for 35 and outdoor terrace space for 50, ensuring ample room for diners seeking a memorable culinary experience amidst the Algarve sunshine. Recently refurbished, this restaurant has garnered a large base of repeat clientele over its 30 years of operation, reflecting its success and reputation. Ideal for buyers looking to make a significant investment, this space provides a vibrant atmosphere that appeals prominently within a high tourist area. The property is fully furnished, and comes with all necessary equipment, making it easy for new owners to step in and start trading from day one. With a prime location amidst other local businesses and within walking distance of amenities, there is significant potential for continued growth and revenue generations. Offering a bar licence for extended operating hours, this restaurant invites various dining opportunities. Explore the possibilities with this fantastic business premise; contact us to schedule a visit and seize this rare 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
