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Profitable Restaurant & Bar for Sale in Panama City, Panama

Rock/alternative style Irish pub with craft beer bar and creative fusion menu with 150 seats.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Public Limited Company
Reported Sales USD 72 thousand
Run Rate Sales USD 72 thousand
EBITDA Margin 33 %
Industries Restaurants + 1 more
Locations  Panama City
Local Time 12:25 AM America / Panama
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 65 thousand (Native Currency: PAB 65,000)
Reason: The current owners wants to relocate to another country.
Includes physical assets worth USD 40 thousand
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Business Overview
Rock/alternative style Irish pub with a craft beer bar and a creative fusion menu, located in Panama City.
The business has agreements with Visa, General Bank, local coupon books, and the festival of emerging talents for corporate events.
Cozy space with 5 areas, including 2 lounges and a game room area, and a spacious private dining area.
With a seating capacity of 150, the business serves approximately 20 clients per day, with an even split between regular dining and events. Events are primarily hosted on weekends.
Business is operational only during evenings and has applied for a liquor license, which once obtained.
Products & Services Overview
The cuisine offered is a fusion of Irish and Panamanian flavors.
Offers private or themed parties, birthdays, event hall for corporate events, and features a karaoke system.
Popular menu items include fish and chips, which attract tourists, as well as a variety of craft beers. Locals prefer wings, burgers and platter.
The client demographic ranges from 25 to 55 years old.
Assets Overview
Physical assets include kitchen equipment, furniture, fixtures and other electrical equipment.
Intangible assets include payment system, Instagram page and client contracts.
Facilities Overview
Rented facility of 200 square meters, large, elevated and covered terrace, the premises have 6 parking spaces, a draft beer bar, 3 bathrooms, storage room and a large kitchen located in P. H. Argentina Tower.
Rent is PAB 1,500/month.
The buyer has the option to buy the facility if interested. The property owner can sell it at a price of PAB 400k.
Capitalization Overview
Business is self-funded.
Having outstanding bank loans of PAB 40k.
There are 2 shareholders.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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