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Riveria Nayarit Turnkey Restaurant With Adjacent Private Home For Sale

Bucerias, Riviera Nayarit, Nayarit
Asking Price:
$1,900,000 (USD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$100K - $250K (USD)

Greatest investment on the Bay. For those looking to have an amazing lifestyle in Mexico, by having business and home right next to each other, then this is the best option by far. So look no further.
Under the same ownership for 28 years, this award-winning, fine dining restaurant is located on a busy corner in Bucerias, Riveria Nayarit hosting thousands of diners monthly. This is a highly profitable turnkey operation, seating up to 120 people with outside garden patio and bar area.

The price includes the business, land and buildings which consist of the restaurant and gift shop, and adjacent house with guest suite and swimming pool. The current owners would like to retire and are ready to pass on their success to the next generation of restaurant entrepreneurs.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

A beautiful one bedroom 2 bath home is at the back of the restaurant with private entrance and parking.
Potential for building 2nd bedroom.

Location:

Riviera Nayarit is currently one of the top-five destinations in the world. World-class dining, culinary events, sports and eco-activities are major attractions throughout the year.
The restaurant is ideally located just one block from the beach in the most desirable part of town, a convenient 15 minutes from Puerto Vallarta's international airport and just 20 minutes south of Punta de Mita.

Premises Details:

The property consists three buildings, restaurant, house, bungalow with large size pool.
The restaurant seats 60 people inside and 60 people on the patio. A small gift shop with seperate door sells wine and art.
Mexican style architecture with tiles and garden.

Size in square feet:
980 m2

Business Operation

Expansion Potential:

The North part of Banderas Bay is undergoing a huge expansion trend as many new condo buildings are being built.
The new highway from Guadaljara is due to open this year, bringing many new clients to the area.
Drive time from Guadaljara will be only 2 hours instead of 4.5 hours it takes now.

Competition / Market:

In the high season *Nov/May there are pop up restaurants but this has been the land mark location for more than 25 years and has won many awards.

Reasons for selling:

Retirement age and health.

Trading hours:

7 days a week. November to April 1 pm to 11 pm. May to October 5pm to 11 pm. Closed only Christmas Day and New Year's Day.

Employees:
30
Years established:
28 years

Other Information

Support & training:

Support and training by owner/chef would be available for first season. Most ofthe staff have been with the compan for more than 10 years and are very well trained.

Furniture / Fixtures value:
$120 (USD) - included in the asking price
Inventory / Stock value:
$12 (USD)
Website:
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