Successful Wine Bar In Puerto Vallarta For Sale

Property Information

Real Estate:

Lease

Lease Terms:

5 years, just renewed. The landlords are incredible and I’m sure will continue to renew for as long as you’d like.

Leasehold Rent:

$900 (USD) per annum

Location:

In a very popular neighborhood, up on a hill so there’s a spectacular view of sunset and the fireworks each night! Lots of large scale tourist developments nearby.

Premises Details:

It’s the second floor of a residential building with spiral stairs to enter. There are residential apartments below and above. It is an extremely residential area, so this would not be the place for anything loud.

Planning Consent:

The landlords are not interested in another full renovation at this property. Small adjustments and improvements, I'm sure they would be fine with!

Business Operation

Expansion Potential:

You could easily open another Vivero in the Versalles neighborhood or further north like Bucerias. The back of the restaurant itself has space for a very large patio.

Competition / Market:

There are a few smaller wine bars that have opened in the city but none in this neighborhood and none of the view and reputation of this business.

Reasons for selling:

Would like to relocate to another country and don’t want the hassle of maintaining a business here.

Trading hours:

10am to midnight 7 days a week. There are permits for live music with the ability to stay open until 2am

Employees:

10

Years established:

1.5

Other Information

Support & training:

Happy to consult for 6 months to a year after sale to help you get the business set up in your name and everything running smoothly.

Furniture / Fixtures value:

$150,000 (USD) - included in the asking price

Inventory / Stock value:

$20,000 (USD) - included in the asking price

Website:

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