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Small Bar for Sale in Upper Carapichima, Trinidad

Countryside bar with active Spirit Retailer's Licence, owned property, loyal local clientele, and expansion potential.

Established 70-80 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 3.5 thousand
Run Rate Sales USD 3.5 thousand
EBITDA Margin Nil
Industries Bars
Locations  Upper Carapichima
Local Time 9:25 PM America / Port of Spain
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 147 thousand (Native Currency: TTD 1,000,000)
Reason: The owner is now too elderly to continue operating and maintaining the business and property and is ... View More
Includes physical assets worth USD 147 thousand
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Business Overview
- Located in the peaceful countryside of Upper Carapichima, our small bar has a loyal but limited local clientele.
- The business comes with an active Spirit Retailer's Licence, allowing for the sale of alcoholic beverages.
- The property spans approximately 6,820 sq. ft. of freehold RPO land with T&C approval.
- The interior built-up area occupies approximately 2,000 sq. ft. , excluding the garage and porch areas, which together account for approximately 500 sq. ft.
- The property also includes 2 additional bedrooms with a kitchen setup, which can be used for owner or staff accommodation or potentially expanded for business use.
- The bar currently has seating capacity for approximately 10 customers.
- The current owner who is also the sole operator, is now too elderly to operate and maintain the business and property, is looking to sell.
- There is significant potential to grow the business by expanding the customer base and introducing snacks, food, and a mini-mart.
- Current monthly revenue is approximately TTD 2,000, with substantial potential for growth.
- Property ownership documents are in place, supporting a smooth transfer to the new owner.
Products & Services Overview
- The business offers alcoholic and non-alcoholic beverages for on-site or off-site consumption, primarily serving local customers.
- The premises also have the potential to offer food and snacks, providing customers with additional refreshments alongside beverage purchases.
Assets Overview
Physical assets include the business’s own land and building, which constitute approximately 90% of the total asset value. Other assets include a chiller, bar stools, benches, and tables.
Intangible assets include the business goodwill, and established local customer base.
Facilities Overview
The business operates from its own land and building, comprising approximately 6,820 sq. ft. of land and a 2,500 sq. ft. building.
Capitalization Overview
Self-funded.
No loans or liabilities.
Sole owner.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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