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Iconic Over Water Bar And Restaurant For Sale

San Pedro Town, Belize
Asking Price:
$2,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$450,000 (USD)
Cash Flow:
$150,000 (USD)

One of the top bars in the entire Caribbean and the most well-known bar in Belize. This over the water bar features live music, a swimming area in the Caribbean Sea and great lounging area to enjoy a drink with awesome Caribbean Views.

An awesome bar/restaurant located over the water in the Caribbean with a proven track record of success - it's not just a dream, it can be your reality.

This is a legendary business, popular for more than 20 years. Truly a "must visit" when in Belize.

Profitable, steady business with a 20+ year history of success. Truly a "turn-key" operation from Day one. Long term, fully trained staff in place.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Business only - no living accommodation included.

Location:

Located overtop the Caribbean Sea on it's own pier in San Pedro Town. Has a great view of the largest living reef in the world, tarpon, stingrays and eagle rays as they swim by underneath.

Premises Details:

Large seating area for restaurant guests, a massive bar that seats more than 3 dozen patrons and capacity for over 200 customers, with a good stage for live music performances. Additionally, outside over the water seating is available to watch, boats, the reef, parasailers and to catch a glimpse of stingrays, tarpons and other fish swim by

Size in square feet:
approx. 5,000+ sq ft

Business Operation

Expansion Potential:

The establishment has several successful promotions in place for different days of the week. With the very popular name and notoriety, you could franchise the name or open a second location which would be instantly recognizable.

Competition / Market:

While there is similar competition to this establishment, this is "the Grandaddy of the all". The original, established and well-known business that has been in operation and number one for more than 20+ years.

Reasons for selling:

Owner/Operators for over 20+ years are now looking to retire.

Trading hours:

10:00AM - Midnight

Employees:
15
Years established:
20+

Other Information

Support & training:

Owners will stay on to train for up to 30 days, included in the sales price.

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

Owner will provide a small amount of financing on good terms. To be negotiated. Owner may also retain ownership fo the property with all cash offer on the business and finance the property rights to business purchaser or to other entity. Please inquire about financing options. Minimum required to finance would be $1.85M down with a strong financial statement/balance sheet and collateral

Furniture / Fixtures value:
$250,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD) - included in the asking price

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