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Single Restaurant Casual Dining | Beachfront
Location: Belize
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Pier extends over 367' over the Caribbean Sea updated in 2016
4,182 sq ft newly constructed thatched roof structure made out of native woods and timbers - completed end of 2016
Watch Eagle Rays and Tarpons swim nightly under the lights
Bar features 5 - HD 65'' televisions, new appliances and music stage with sound system
Fun swim area in the bright blue sea complete with new, large sun deck and easy entry stairs
Relax in inner tubes, float in the tropical warm waters and have your favorite beverage served to you by zip line
Belize is considered to be the gateway to Central America and top destination for water related adventures due to its proximity to the second largest barrier reef in the world. Tourists are attracted to and keep returning to Belize because of its beautiful beaches, friendly people, world class diving/snorkeling/fishing and its reputation for being known as a laid back, safe, English speaking country. Belize boasts a variety of landscapes including: mountains, jungles, rivers, waterfalls, hundreds of cayes (islands) and rare atolls (ring shaped islands formed by coral). Tourist arrivals to Belize are heavily increasing with a 43% jump since the year 2000 and a 29% increase between 2010-2015. Overnight arrivals have increased 22.5% from first quarter 2017 to first quarter 2018. Approximately 95% of arrivals into Belize are for leisure travel and with new non-stop flights from the US and Canada, it makes for an easy vacation destination


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,470,000
Cash Flow:   $448,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2007
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will stay on to train after the sale.




Print Listing Id: 700348733
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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