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Newly Remodeled Restaurant/bar/beer Garden In Nuevo Vallarta For Sale

Nuevo Vallarta, Nayarit, Mexico
Asking Price:
$350,000 (USD) Inventory / Stock included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$100K - $250K (USD)

Newly remodeled restaurant, bar and beer garden in Nuevo Vallarta. Located directly across the street from El Tigre, a massive new development by Paradise Village is directly across the street, plus multiple new condominium developments.

We now rank #1 on Trip Advisor for "Gastro Pub" thanks to our amazing atmosphere, food and drinks. People love the place!

Wednesday night live music - Over 100 reservations per week
Thursday night Rock and Roll Bingo - Over 70 reservations per week
Friday night live music - Over 100 reservations per week

The area is super hot and will only become more crowded.

All new furniture, kitchen equipment, bar area and an amazing brand that could easily be expanded and franchised around Mexico. We have agreements with some of the best live music acts in the bay, musical bingo, and business luncheon groups and have only just reopened in October. Don't miss this amazing opportunity to own one of the hottest and best restaurants, bars and the ONLY beer garden in Nuevo Vallarta!

There is also an unfinished upstairs that is in the plans to be built out, with air conditioning, fabulous views and initial concepts agreed upon by current ownership. There is a HUGE value in this upper space for an air conditioned high-end cocktail bar, private space for parties, or even for the new owner to live in.

The property also has a connected parking lot with space for 20-30 vehicles.

Transfer of the lease for 5 Years renewable

Inventory, Furniture, Appliances, Tools, and everything needed for immediate operation

The Complete know how, training for up to 30 days

List of Suppliers, and Service Providers

Transfer of the Name and Registered Brand

Transfer of Social Media Accounts for the Business.

Property Information

Real Estate:

Lease

Lease Terms:

5 year renewable lease

Leasehold Rent:

$24,000 (USD) per annum

Living Accommodation:

A new owner could easily use the upstairs for living accomodations.

Location:

Prime location across from multiple major developments with more being built nearby. This area is on fire and we're by far the most popular in the area.

Premises Details:

2 story building - Upstairs venue that is completely built out and ready for another business, or expanding the lower level.

Business Operation

Expansion Potential:

Finish upstairs buildout and you have 2 bars in one. Also, the upstairs is perfect for private parties, posadas, business meetings, or even a living space, etc. and for a nominal investment, would be ready to go.

Competition / Market:

No direct competition on our street. There is another major boulevard 1/2 a mile away that has many restaurant and bar options, but none even compare to ours.

Reasons for selling:

Other business ventures require more of our time.

Trading hours:

Tuesday - Sun 1pm-12am

Employees:
8
Years established:
New

Other Information

Support & training:

Curent partner can provide training.

Furniture / Fixtures value:
$100,000 (USD)
Inventory / Stock value:
$20,000 (USD) - included in the asking price
Website:
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Related Documents:
Relocatable:
This business can be relocated.