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#Business ID: 18387

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Successful Restaurant on Tourist Island, Ambergris Caye (Caribbean Island) in Belize

Business Location: San Pedro, Belize

Asking Price: BUSINESS SOLD Revenue: not disclosed Cash Flow: not disclosed

[Furniture / Fixtures and Inventory / Stock included]
[Real Estate Included]

Business Summary

"Come live the Dream" on the Tourist Island of Ambergris Caye in Belize. This business comes with a fully furnished two bedroom residence (850 sq feet)upstairs of the restaurant. The property is 50' X 120' and business is 100 feet from the beach and Caribbean Sea in a busy tourist area. The business comes with a golf cart (mode of transportation on the island). The restaurant has a newly renovated kitchen and it is a 65 seat restaurant/ bar. Restaurant has a outdoor screened in Palapa area that also has a 9 foot projector screen with projector to watch sports on satellite TV. Inside restaurant has a 50 inch flat screen TV. It also comes with a Peter Glenn tandem Kayak that is only one year old that is stored on the beach. The yard has no grass to cut, all white sand and palm trees. There are two Bodagas (large storage rooms, one of the Bodagas has a new washer and dryer in it). The area is a tourist/ resort area and a lot of ex-pats live/ rent condos on the beach front. There are several rental/ vacation condos across from restaurant that are ocean front. Currently there are only two restaurants in the area that is south of town. The island is growing at a rapid rate, lots of new construction. The building can be added onto if you want to make a couple of suites for rental income.This includes a complete turnkey business, land and building, chattels, inventory, golf cart, all furnishings for residence. Currently owned by Canadians. Please email with any questions.

Property Details

Size:

2500 sq ft

Years Established:

3

Property Type:

Real

FF&E:

$ 135,000

Inventory Value:

$ 5,000

Real Estate Value:

$ 670,000

Other Business Details

Business Location:

We are located on the main road through the island in a resort area. We are in a tourist resort area with lots of rental condos and resorts.

Premise Details:

Property is approx 50' by 120'. The yard is sand (no grass to cut) palm trees and vegetation. The building is a two storey with the restaurant on the bottom and a two bedroom apartment on top floor. There is a large deck out back with a Palapa on the second floor. The second floor has a two bedroom residence (approx 850 sq ft) There is two storage bodagas on the ground floor. The restaurant has a large screened in Palapa area. Seats 65 to 70 people.

Competition:

There is only one other restauarant in the south of the island where we are located and they are a fine dining establishment.

Expansion Potential:

The building can be added two more stories for rentals or living space. The restaurant can be expanded in the Palapa area.

Living Accommodation?

Yes
The two bedroom suite is approx 850 square feet with vaulted ceilings, it comes fully furnished. Lots of windows with view of palm trees.

Business Operation Details

Employees:

8

Trading Hours:

We open from 11:30am - 9:00 pm. six days a week.

Support & Training:

We will stay for one month to train (longer if needed) and we have kitchen staff, and staff that manage the restaurant and order inventory.

Miscellaneous Details

Financing Available:

Yes
If financing is required negotiations can be worked out. Business could be sold separate and the space leased. Owners are flexible.

Reason For Selling:

Family member recently diagnosed with illness and have to move back to Canada to help with care.

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