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Iconic Over the Water Bar in Belize..

Caribbean Overwater Bar & Restaurant For Sale in San Pedro, Ambergris Caye, Belize

Caribbean Bar Dream, Iconic "over The Water" Bar In Belize

Ref:21030105 00:00:00.000

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.

About This Property

San Pedro
Ambergris Caye
For Sale By:
Construction Year:
Parking Spaces:

Features - Amenities

  • Ocean Waterfront
  • Furnished

Contact - More Information

Brad Reeder - Belize Business Brokers & Advisors
Phone:   919-400-8380
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