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Unique Concept Restaurant & Bar For Sale

San Pedro Town, Belize
Asking Price:
$185,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250,000 (USD)
Cash Flow:
$50,000 (USD)

Unique, one of a kind Restaurant & Bar in San Pedro, Belize (Ambergris Caye), the number one destination in Belize. Business is frequented by locals, ex-pats and tourists alike. Many tourists and return visitors frequent our location multiple times during their stay on "La Isla Bonita". Business has a good sales record, highly profitable and a unique niche market.

Current owner is willing to stay on as management for up to April/May 2021 and partial financing is available. Owner planning to retire in Spring 2021 or sooner.

Property information

Real Estate:

Lease

Lease Terms:

Long term lease with renewal options

Leasehold Rent:

$14,000 (USD) per annum

Location:

San Pedro Town, Ambergris Caye, Belize

Premises Details:

Large, nicely decorated restaurant & bar concept

Size in square feet:
1,200

Business Operation

Expansion Potential:

Could potentially open a secondary location. Owner currently has expansion plans.

Competition / Market:

Very limited competition as we are a niche market product and have virtually no direct competition.

Reasons for selling:

Owner preparing to retire in next few years.

Trading hours:

6 days per week 11:00am - 10:00pm

Employees:
5
Years established:
2

Other Information

Support & training:

Owner will train and also willing to stay on as management up to April/May 2020

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing available for qualified buyer with 50% or more down. Amount and terms will vary.

Furniture / Fixtures value:
$25,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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