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Profitable Bar - Tapas - Live Music For Sale

Grenada
Asking Price:
Under $100K (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

Profitable Bar tapas and possibly restaurant full equipped for live music ( stage and sound system ) , right on the beach ( access by beach or road ) .

Dock on the front . The place can be run for high season or all year because there is 2 boat yards and it’s known as safe place for hurricane season

Ltd company is running the place and the owner is open to sale 50 to 100% as evidence of profitability

Property Information

Real Estate:

Lease

Lease Terms:

3 years left with easy going owner

Leasehold Rent:

$350 (USD) per annum

Location:

Prime beach, walking distance from 2 boatyards, easy access from dock , beach or road.

Premises Details:

Place known as shelter for hurricane season and busy in high season

Size in square feet:
350
Planning Consent:

Work permit needed 1000usd/year or application to be resident

Business Operation

Expansion Potential:

With good food and good service the place can grown fast x2 or x3 . The place is famous bad service and only chicken and fries . Simple tapas/appetizers week done is unique and keep the people all night drinking

Competition / Market:

Pizza place (live on Friday) and high level restaurant

Reasons for selling:

Sickness

Trading hours:

1pm-9pm ( 1Pm-11pm live music Wednesday & Saturday ). Day off , everything can be reorganized but most of the business is 4-9pm , Sunday and monday

Employees:
0
Years established:
2

Other Information

Support & training:

1 month in the business if needed and -hone support 6 months

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

50% and monthly payment after

Furniture / Fixtures value:
$40,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price