Price reduced for quick cash sale. Owners have a new business venture starting and must sell due to time constraints. Over 18 months of financials are available to serious buyers who sign a confidentiality agreement. This is truly a turn key business where you can work 2 days each week and handle everything required!
Come to the beautiful Caribbean and enjoy the lifestyle that everyone dreams about! You can finally live the way that so few are able to and enjoy every minute of it! Latitudes Cafe is THE premier beachfront cafe in San Pedro, Belize on the Island of Ambergris Caye offering an array of breakfast, gourmet wraps & sandwiches, fresh fruit smoothies, real ice cream milkshakes, frozen coffees and tourist souvenirs. Our philosophy has been simple.....treat every customer the way we want to be treated--AND IT SHOWS! Look us up on Facebook and tripadvisor.com to see what our customers have to say about us.
Belize is an ENGLISH SPEAKING COUNTRY and it has been an up and coming attraction in Central America for years. Belize's true potential is finally being realized by North Americans and Europeans as almost one million tourists come to Belize each year and more will be coming here instead of Mexico as the word spreads! San Pedro is the tourism center and it continues to grow every day. With this many people coming to San Pedro, there is only 1 thing to worry about.....LOCATION LOCATION LOCATION! Latitudes Cafe is positioned on the busiest corner on the beachfront in San Pedro. There are 4 water taxi's within a couple minutes walking distance of Latitudes Cafe (2 of them have docks within 100 ft of our patio) and the San Pedro Airport is only a block and a half away. This positioning allows for maximum exposure to tourists and locals alike--which means sales for you!
This is a tried and true business with a great following of Belizeans, business owners, local retired expats, and government employees. We have spent many hours marketing ourselves to these consistent customers and worked tirelessly to give them exactly what they want. We have daily lunch & breakfast deliveries to schools, businesses, and many other offices. Our hard work will now pay off for you as you get to relax on a Caribbean island and let your business cash flow while you sip fruity drinks on the beach!
Reliable and responsible longstanding employees are in place, fully trained, and ready to work. All of our recipes, facebook page information(with almost 400 fans), website information, equipment, tables, appliances, and much more will go along with the sale. Owner will help train and render assistance for 30 days after the sale is completed.
Size in square feet:
Business is located in a mixed use building with both commercial and residential spaces being rented on the ground floor. The upstairs is the owner's beach house for the weekends.
The BEST location in the tourist Mecca of Belize.....San Pedro, Belize! We are on the busiest spot of the entire island.
There are tons of local rental properties in San Pedro. You can live on a beachfront property with a private swimming pool for less than you pay now! Business owner is willing to transfer current lease to new owner if interested.
Rent is due on the first of every month and is late after the 7th of each month. There is a 5 year lease in place with the landlord. The Landlords are Belizeans who live in Belize City and they have been GREAT to deal with. They are extremely responsive to handle any issues that arise and have been very easy to deal with.
Reasons for selling:
Owner has a new business venture starting soon and must sell due to time constraints.
Competition / Market:
No one offers the wraps, sandwiches, smoothies, and milkshakes that Latitudes Cafe offers! Absolutely untapped market with even more growth potential.
More hotels, businesses, dive shops, golf cart companies, and many more would LOVE the Latitudes food and drinks! Anyone who is willing to go out and ask for business will absolutely not be let down. We are 2nd to none!
This business can be relocated.
This business can be run from home.
Inventory / Stock value:
$5,000 (included in the asking price)
Furniture / Fixtures value:
$14,000 (included in the asking price)
Support & training:
Seller will offer 30 days of support to buyer.