Shop for sale in Albufeira e Olhos de Água, Albufeira

€880,000

Albufeira

Shop • 2 room(s) • 2 Bed. • 4 Bath. • 345 m² • Ref: LA-122261341-6

Description This is an excellent opportunity to buy a snack bar / Traditional English Restaurant, well established and profitable- in Albufeira, with excellent potential for future growth. Fat Cat's is a very popular business within the area and comes with an extensive customer base inside and outside the city, such as abroad. This is a fantastic snack bar/ traditional English restaurant, situated in a condominium building, with direct access to the swimming pool and gardens, situated in the heart of Albufeira and within a large number of quality hotels and other small businesses Having successfully operated in the area for 13 years, the company has become very recognized and has gained an excellent reputation for offering the best quality and the best English cuisine in the region- The company operates from the ground floor location, a large property with terrace, which is presented to an excellent standard, with an excellent variety of equipment and accessories included in the sale. The company comes with a complete package of CCTV, karaoke equipment and soundproof insulated walls, acting with a special license for this purpose. Fat Cat's is a thriving and lucrative bar, operated by the owners with 2 kitchen staff and 5 waiters at the table and bar. The company operates 7 days a week. The business offers an excellent margin for growth and profitability and therefore would be ideal for an ambitious and energetic business person, couple or family, with the opportunity to extend, explore and add more qualities to the menu already offered. These improvements will undoubtedly increase already impressive weekly sales, and allow for the maintenance of additional minimum staff ing levels, maximizing overall profitability. This is an excellent business opportunity, with a fantastic margin for future growth. Visualization is therefore highly recommended for successful new investors. Highly visible External Construction, occupying a prominent position on the main road. At the entrance of the establishment you will find a small reception area, a well-equipped bar, a huge dining room, pool table, TV monitors, a covered terrace with tables for outdoor dining and views of the pool and gardens. This fantastic Bar is situated 50 m from the earthworm roundabout towards the sandy beaches of S. joao and the famous Beach of Oura, a 15-minute walk away. Its location is so central and lies between the New Town and the Old Town, both with many tourist attractions, and all the necessary services, such as supermarkets, shops, pharmacy, public transport, souvenir shops, all within walking distance. Albufeira is considered one of the most beautiful cities in Europe to spend holidays, with the sun always shining and winters in a mild climate. In Albufeira we have all the beaches with blue flag, quality symbol, with clean sands and crystal clear water. There is always something to keep busy while on holiday, a wide range of water sports, snorkelling, parasailing, flyboarding, jet sky, horseback riding on the beach. All this within walking distance. If you think this business is for you, don't hesitate to contact me to schedule a visit to this pleasant space and check for yourself.

Spaces

Rooms2
Bedrooms2
Bathrooms4

Surfaces

Living345 m²
Internal345 m²

Albufeira

TypeCommercial
ConditionNew
Energy efficiency rating
D