Landmark Restaurant For Sale
Location Guatemala
Asking Price Range < $250K
Gross Revenues $300000
Net Profit / Cash Flow $145000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2003
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training As needed.
Reason for Sale Owner wants to move back to the US.
Description This restaurant for sale is an Antigua landmark. It recieves thousands of dollars worth of free advertising by being listed in every guide book about Guatemala. It currently has a net income of $145,000/year, but has grown 10-20% every year. The owner is extremely dilligent in keeping accurate accounting records. Here in Guatemala, this type of income is enough to provide an EXTREMELY luxurious lifestyle. The restaurant is being offered at only 2 times earnings, $290,000.
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