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Listed by:

17 North Global Ltd

Broker license number: 7575

Crocs Sports Bar San Pedro Owner Financing In San Pedro For Sale

Belize
Asking Price:
$1,490,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$100K - $250K (USD)

Net Return Up 48% for 2023! Owner Financing Available, Located on Ambergris Caye north of San Pedro Town. Owner Financing Available! Crocs Sunset Sport Bar has become an island destination for sports events, music, and dinning. Located 10 minutes from downtown San Pedro on the water facing West. Restaurant patrons can enjoy an unobstructed view of the sunsets over the lagoon. Located in the Tres Cocos neighborhood which is known for luxury villas and resorts. This area is experiencing high growth with new condo developments providing hundreds of new vacation rentals. Sunset Caribe is entering Phase 3 will have a total of over 140 luxury condos when completed.

Main Level Bar and Restaurant
Total seating capacity is 100 or more. The bar has seating for 20 plus guests with 7 large screen TV’s that provide for multiple sports events to be on at the same time. An additional TV located in the Southwest corner provides viewing for the rest of the bar. The bandstand area is large enough to provide space for a bank and equipment.

Waterfront Dining Area
The dining area comfortably seats 48 with 4 dining tables for seating of 4 and 4 dining tables with seating for 8. This area has unobstructed views of the lagoon and sunsets. The covered patio provides shade and protection from the rain.

Full-Service Horseshoe Bar
Bar Seating for 20 plus guests with views of the large screen TVs. Bar includes large stainless-steel refrigeration unit, beer taps, and full selection of products for mixing the most popular Caribbean cocktails. The bar has 360-degree access that provides efficient use of space for bar staff. The kitchen entrance is directly behind the bar area
Large Commercial Kitchen
The fully equipped commercial kitchen provides ample space to cook for the 100-guest seating capacity. The kitchen has gas stove, flattop grill, refrigeration, and prep area. The kitchen entrance is directly into the bar area providing quick access for table service and easy communication with staff.

The Rooftop Bar
The Rooftop area has panoramic views of the lagoon and the Barrier Reef. The bar area is covered by a large palapa providing protection for the sun and rain. This area has some of the best sunset views on the island. Enclose part of this area with glass and have the only sunset restaurant with air conditioning and views on the north side of the island.

Ground Floor Patio and Entertainment Area
The ground floor level has a large covered over-the-water deck allows guests to fully experience the beauty of the lagoon. There is plenty of covered space for dart games and corn hole tournaments. Also, a large area for a bar that is steps away from the deck. The cistern is approximately 20’ X 20’ X 7’. This area includes 2 storage rooms.

Property Information

Real Estate:

Real Property Included

Location:

Located less than 10 minutes north of downtown San Pedro in the popular Tres Cocos neighborhood. This area has become a top entertainment destination on Ambergris Caye.

Business Operation

Expansion Potential:

The current owner is utilizing the main floor bar and restaurant only. The upstairs palapa could be used for quiet dining and sunset views. The ground floor area is perfect on an on-the-water experience on the large deck. Plenty of covered space for darts and cornhole tournaments.

Competition / Market:

Other popular restaurants include Aji, Rum Dog, The Truck Stop, and PUR. Tourists and locals are traveling from all areas on the islands to the Tres Cocos neighborhood to enjoy the selection on restaurant and entertainment. Great area to bar hop on the island.

Years established:
5

Other Information

Furniture / Fixtures value:
$125,000 (USD) - included in the asking price
Related Documents:

Listed by

17 North Global Ltd

Broker license number: 7575