Live on the beach in paradise while making a 3 figure income in beautiful English speaking Belize. This one of a kind beachfront property features 2 of the most popular restaurants in the growing and booming tourist destination of Hopkins, Belize. Driftwood Beach Bar and Pizza Shack and Loggerheads Pub and Grill are 2 restaurants on a double Beachfront lot along with a wonderful furnished home overlooking the Caribbean Sea in this wonderful English speaking community in Hopkins, Belize. One only needs to google these establishments or the destination of Hopkins to know that these are the MUST GO TO places when the thriving and growing tourists come to this sought after area. This is not a tired, has been establishment being sold because it is no longer producing adequate income, this is a thriving business model that has room to grow. The owner wants to retire and travel even though 2023 has been hitting record sales each month! The staff is willing to stay on and the owner is willing to train the right candidate and all licensing is easy to transfer so you can begin operations immediately. Doing business in Belize is easy, and this destination has been on an upward curve with steady growth for the last decade and shows no signs of slowing down and resort and boutique hotel properties continue to add rooms so the potential for growth is virtually unlimited with plenty of room on the beach to add more tables or run it as is and keep the tables full like the current owner does. Several cultural nights, killer beach vibe ambiance plus fabulous food make this THE NUMBER ONE DINING place in Hopkins for great burgers, pizza, drinks and comfort food. Taxes are low and there is no capital gains tax to worry about when you sell!
Country: | Belize |
State or Province: | Stann Creek |
City: | Hopkins |
Location Zip or Postal Code: | 0 |
Service Type: | Sit-Down Table Service |
Title of Listing: | Beachfront Restaurant with Home in popular Tourist destination Belize |
Year Established: | 2009 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 10,000, Square Feet |
Patio: | Yes |
Number of Employees: | 11-50 |
Hours of Operation: | 11-11 |
Growth or Expansion Opportunities: | Room for more beachfront searting |
Reason for Selling: | Owner wants to retire and travel |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Link to Facebook Page: | https://www.facebook.com/Driftwood-Beach-Bar-Pizza-Shack-192418217444836 https://www.facebook.com/search/top?q=loggerheads%20pub%20%26%20grille |
Link to TripAdvisor Review Page: | https://www.tripadvisor.com/Restaurant_Review-g635532-d1804484-Reviews-Driftwood_Beach_Bar_Pizza_Shack-Hopkins_Stann_Creek.html https://www.tripadvisor.com/Restaurant_Review-g635532-d8083818-Reviews-Loggerheads_Pub_Grille-Hopkins_Stann_Creek.html |
Website: | https://belizing.com/Driftwood-Beach-Bar-Pizza-Shack/ |
Asking Price: | $995,000 USD |
Gross Revenue Range: | $500,000-$1,000,000 |
EBITDA Range: | $100,000-$300,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 150,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $20000 |
Inventory Value included in price?: | Yes |
Vendor Financing Available: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Real Estate Owned |
Real Estate Value Included?: | Yes |
Financial Comments (include any Financing information that may be useful): | The double beachfront lot that this property sits on is valued at $400,000 with no buildings or Chattels. |