Overwater Bar & Restaurant for Sale in San Pedro, Ambergris Caye, Belize
2,700,000 - 2,800,000 USD
(Negotiable • Financing available)

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

Iconic Over the Water Caribbean Bar & Restaurant

Asking Price: 2,700,000 - 2,800,000 USD
(Negotiable • Financing available)
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 of $2M USD annually with an almost 25% net cash flow CASH FLOW ALONE. The property value is approx. $1.2M and thus a realistic asking price would be $3M. However, the owners are looking to retire, so we have reduced the asking price to $2.8M and open to all reasonable offers. Owners will accept all-cash offer of $2.6M

Great accounting and tax records will show all income, daily gross, tips, taxes and net on a day by day basis for the last three years. 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.