Caribbean Overwater Bar & Restaurant For Sale in San Pedro, Ambergris Caye, Belize
Caribbean Bar Dream, Iconic "over The Water" Bar In Belize
Asking Price: $2,400,000 - $2,750,000 USD (Negotiable - Financing Available)
The Ultimate Caribbean Bar! Located over the Caribbean Sea.
The Bar is covered with an huge Palapa roof (tiki style, thatched roof).
Has a sunbathing/lounging deck and stairs that let customers walk into
the Caribbean Sea. Patrons can float on inner tubes as they enjoy their favorite
drink - buckets of beer can be delivered right to their floating tube
via the "beer bucket zip line". Large seating capacity of approx 200, a live performance stage
and a wrap around bar that seats 50 with Large Flat screens.
Great cash flow and long term, renowned business - the most recognized bar in Belize.
Original owners/operators are now looking to retire after more than a dozen years of operation.
Sole reason to sell is that it is time for the owner's retirement to begin and the numbers will show
you what a longstanding, successful operation this is.
Sales volume and history justifies a more than $1.5M sales price on CASH FLOW ALONE.
The property value is approx. $1.7M and thus a realistic asking price would be $3.2 - $3.3M
However, the owners are "ready to go" and due to covid and the desire to retire,
we have greatly reduced the asking price to $2.7M and open to all reasonable offers.
Owners will accept all-cash offer of $2.4M with a closing before August 1, 2021
Great accounting and tax records will show all income, daily gross, tips, taxes and
net on a day by day basis for the entire year. Exceptional business that has been well-run,
well received and has an ongoing huge fan/customer base.
SERIOUS INQUIRIES ONLY PLEASE. Owner's will ask for a signed NDA and financial
statement from qualified buyers.
Buy an Icon and walk right into your success in the Caribbean.
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- Ocean Waterfront
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