Profitable Restaurant & Bar for Sale in Panama City, Panama
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 |
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.
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.
Intangible assets include payment system, Instagram page and client contracts.
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.
Having outstanding bank loans of PAB 40k.
There are 2 shareholders.
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Earlier than 15 daysManager, Hotel, Orlando, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Chef, Restaurant, Los Angeles, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Partner, Advertising Services, Panama City, Individual Investor / Buyer connected with the Business