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Licensed Bar, Restaurant And 3 Cabins For Sale in Bastimentos, Bocas Del Toro, Panama
Beautiful Jungle Paradise - Restaurant & Bar & 3 Cabins Bnb
Asking Price: $150,000 USD
Income producing property
Bastimentos island / Bocas Del Toro, Panama C.A.
DESCRIPTION: buyer wanted
Investment rating: A+
Business - currently operating as a Bar & Restaurant and 3 cabin rentals with a owners area.
Other business possibilities: Hostel, yoga surf retreat, Eco permaculture lodge.
The numbers work!
Cash flow analysis available upon request
Owners life circumstances forces sale, drastic price reduction.
Want a home and two turn key income producing businesses that overlook the Caribbean sea ( 3 rental cabins, full liquor license bar and restaurant in full operation) on the magical island of Bastimentos just 5 minute taxi ride from Bocas Del Torro proper. Property is located on CoCo Hill above the town of Old Bank. A true Bob Marley reggae tinged island world where it is known for it’s coolness! Owner has built a fantastic life here. There are two businesses currently operating, one as a vegan restaurant and island bar, the other is 3 cabins which are popular vacation rentals. There is also other revenue streams that a new owner could easily operate and offer to guest and patrons as well as passerbys. Owner lives on separate property next door that may also be available. The businesses have all current licenses and permits. The liquor license is full liquor and transferable (very valuable and almost impossible to get nowadays) the property is on the grid with city electric, which is a major benefit! Customers walk up the hill and come to relax in hammocks at the thatch roofed rancho while sipping a cold one. Property is located right on one of only two pathways to Wizard Beach, Red Frog Beach and other popular sites so a constant flow of surfers and beach goers are literally walking right to the entrance. (20 minute walk to beaches from doorstep).
It is to be noted that the business just started in 2015 and already has a good following and great cashflow. One of the best hilltop views of the Caribbean sea. Also See monkeys, sloths, toucans and all the other beauty that the rainforest has to offer. Numerous bananas, papaya, katuk and lots of other edible fruits and veggies in the garden and all around the property. The main lot is 502.87 sq mts titled and includes Loft/Bar/Restaurant, two 16X16 ft cabinas with bathrooms, a water catchment system, a separate covered rancho / yoga area. All property mentioned here is in a Panama corporation for easy transfer. NOTE: The owner will entertain some financing with a substantial down payment and a lien. Could easily be converted to a hostel, eco-lodge, permaculture, surf and yoga retreat or kept as is as a successful cabin rental, bar and restaurant business.
|About This Property|
Bed and Breakfasts
Bocas Del Toro
|Features - Amenities|
- Ocean View
|Pictures (click to view a larger image)|
|Contact - More Information|
| Michelle Hardie |
|Phone: || || 65768993|
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