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Iconic Village Bar And Restaurant In Placencia For Sale

Placencia, Belize
Asking Price:
$899,000 (USD) Furniture / Fixtures included
Sales Revenue:
$265,000 (USD)
Cash Flow:
On request

Looking for a turnkey opportunity in Paradise? Reduced by $100,000!

This is a well established business which has been in operation since 1991. Everything about it is suited to making a great living in the Caribbean. Sign an NDA and I will show you how lucrative.

Position for one, between the new main road of the Village and the old “narrowest main street in the world”. (Guiness Book of world records)

Ambiance, who doesn’t like to sit under a thatch roof and drink ice cold drinks?

Not far to go home, there is a 2 bedroom apartment attached to the bar.

Seriously, you really don’t have to do too much work to live a good life with a healthy income coming in. The land itself is 75 x 100 feet, being a typical, larger, Village lot. The apartment is 1000 square feet including the outdoor fully screened living area. The bar area is in total 2336 square feet, this includes a fully functional kitchen ( Great food comes out of here). The bar sits 100 people and comes fully equipped with fridges, and everything you would think of to run this successful business.

If you are one to create added value, then there is a very large area behind beautifully shaded bar where there used to be 2 Air BnB cottages. You could add that Income stream on as well if you felt the desire to earn even more.

Maybe this is what you need right now.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

2 bed with Sitting room and kitchen and large roofed open air seating

Location:

This mainstay of the community is situated between the Main street and the Famous walk way

Premises Details:

The building is constructed of Belizean hard woods, like most buildings in the Village it has a reasonably new Bayleaf thatch roof. The Living quarter are attached to the Bar and restaurant

Size in square feet:
1000 square feet of living space on a 7500 square foot Village lot
Planning Consent:

All approved

Business Operation

Expansion Potential:

There is plenty of space to either put in Air BnB cottages or extend the bar.

Competition / Market:

There are a few bars are restaurants in the Village, but the Parrot is a mainstay of the local expats. A lot of tourists wander in to become part of the comradery only to become regulars too.
Live music on chosen nights and lots of charity functions. The barkeep has been with the Parrot since inception

Reasons for selling:

The Owner and wife want to retire and travel Belize and Central America

Trading hours:

10 to 9 Monday to Saturday in season

Employees:
1

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$180,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD)