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Restaurant For Sale

Location  Belize
Asking Price Range  < $250K
Gross Revenues  $75000
Net Profit / Cash Flow  $75000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Available.
Reason for Sale  Owners move overseas to take up a new challenge.
Description  Restaurant Business inclusive owners apartment with a long-term lease at US$100.000 for sale in Placencia Peninsula, Belize, Central America Business Description: High-end, fully licensed restaurant with a long-term lease at US$100.000 for sale. Stock US$3000 (optional) Owner Financing available! This well established business "DANUBE" began trading in 2008 with 2 working owners providing dinner 6 days a week. At the moment the restaurant features Austrian and European cuisine, is well known country wide, listed in many guide books and has exceptional reviews on "tripadvisor". The restaurant has 16 seats outside, 20 seats inside and 4 at the bar. It has a wide appeal to a diverse customer base and is family friendly. Located close to high-end resorts and sailing charters right at the only road on the Peninsula with great curb appeal and full views from passing traffic. The style of the restaurant is chic, eclectic, artsy thou casual. The restaurant comes with all chattels, which are in great conditions. Everything is well in place and there is no need to renovate. Danube has also its own website incl. DIY content management and facebook page. Business was built from the scratch in 2008. Lease 3 x 6 years lease US$1500 / month plus utilities with 3% increase per year after the first year. Potential for a new owner: A new owner could extend the opening hours, offer breakfast and lunch as well as after dinner attractions. The interior of the restaurant is neutral and could feature any kind of cuisine. Expansion is possible in any kind of way: expand the patio and/or use the large lot for outdoor seating. Expansion of the building is also possible. Included in the lease are: ¬ acre or 1021 mý land, beautifully landscaped, gravel parking lot for customers in the back, owner apartment on 2nd floor. Also available as Freehold Going Concern: Price US$ 425,000 Contact for more information danubebelize/sale
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