Type: Commercial Property Algarve
Price: EU € 150,000
Featured: No

A unique opportunity to buy an established business, fully licenced as a bar and restaurant. One of the oldest buildings in Quarteira, with some original features, it is located close to the seafront, near the busy market square and harbour - situated in the heart of the town. Opened in 1985 by the existing owners, with an indefinite lease and continuing low rent, the overheads are very manageable to create a high nett profit. The bar has a pub atmosphere leading to a separate dining area, seating a total of 50 covers (approx. 100 sq. mets). It has a good reputation and is well-known locally, attracting a year-round trade of summer holidaymakers with golfers and regular visitors in the mild winter months. Close to the prestige resort of Vilamoura, it benefits from its quality tourism as well as a good local base. Few competitors have meant that this business is unique and one of the best in the area. This is a genuine opportunity to take over a successful concern, with potential to develop even further to your own personal strengths.

Reference: POP 5176
Region: Algarve