Oceanfront restaurant and bar near Popy

Punta Popy, Las Terrenas

Features

• Oceanview
• Beachfront
• Near town
• Furnished
• Rooftop

Description

Business for sale in a great location. Just a few steps from the heart of town on one of the locals' favorite sunset spots. This restaurant/bar has more than 12 years of background serving Mojitos and Cuba-creole fusion meals.

The property sits on a lot of 100 sqm / 1076 sq ft with two levels - A third level can be built - of a wooden structure. And has been permitted to use the oceanfront area on the other side of the road.

On the first floor, the access is an open bar with views over the sea. Some high chairs were to have a cocktail and tables for dining in. On the back the bar, the kitchen, and the restrooms. On the only side closed is the staircase that gives access to the rooftop.

On the second floor, a large open room is divided into four areas. On the back is a mini-bar or area for events or even a DJ; then an area with tables for eating something comfortably; followed by a lounge area with couches; and the open area facing the ocean with metallic tables where to enjoy a mojito or a nice burger.

On the other side of the road, just by the pedestrian walk above the beach, you'll have some tables for another set of tables.

The kitchen is equipped with:
+ fryer
+ 6 burners with oven.
+ Refrigerators
+ Other cooking appliances

ESTIMATED ROI
Currently, the owner claimed to be making an average of U$19,000/month with an average expense of U$2,500/month.

A very profitable business that's already running in Las Terrenas
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Location

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Punta Popy

East of the heart of the touristic part of Las Terrenas, this busy area offers lots of excellent restaurants along its beach ending at the gorgeous Punta Popy.

Financials

Utilities: US$50

Maintenance: US$80

Mngt Costs: US$150

Monthly Profits: US$-280

Legal Fees: US$1,500

Transfer Fees: US$4,500

Yearly Taxes: US$100

This listing

Price / SQM: US$750

ROI: US$-2

Similar listings

Market Price / SQM: US$750

Market ROI: US$-2

Listing Agent

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All information, including measurements data and financial calculations, is obtained from various sources, and is approximate. No guarantee, warranty or representation of any kind is made regarding the accuracy of such information and Atlantique Sud Real Estate S.R.L. expressly disclaims any liability.