A relatively new (6 years) Belizean brand. It is steadily growing in popularity. The bar and retail store in Placencia features 12 styles of Big Titty Rums, a well-stocked back bar with a nice assortment of local and imported rums, and a 150-item cocktail menu. We also sell a variety of BTR brand merchandise. This business is in a prime location, probably the best in the village. It is compact, efficient, and makes good revenue with a small staff and low operating expenses. BTR branches are opening in Caye Caulker and San Pedro soon and in other locations throughout Belize in the near future. There are some shares in BTR available. Brand use agreements include territories. BTR is obviously not for everyone, but if you want to have fun and make some money in a really cool place, this is a very good opportunity.
- Asking Price:
- $150,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
we are 2 years into the first leg of a renewable 5 year lease
- Leasehold Rent:
-
$6,000 (USD) per annum
- Living Accommodation:
-
no accommodations included
- Location:
-
BTR bar is the first building on the famous Placencia sidewalk as you come off the municipal pier. You can throw a lime to the sea from the bar.
- Premises Details:
-
BTR bar is in a historic building, the old fishermans coop ice house...It is the oldest building at Placenia point. The interior lease space is about 600 sq. plus additional covered, outside seating, with boat, pedestrian and vehicular access and good parking.
- Size in square feet:
- 900 sq ft
- Planning Consent:
-
BTR bar is in a small commercial group with sea, beach, sidewalk and road access and no zoning restrictions
Business Operation
- Expansion Potential:
-
There is no potential to expand the physical business space but revenues and brand popularity are steadily expanding
- Competition / Market:
-
There are bars and restaurants upstairs from BTR bar and on two sides, creating a popular fun zone. Neighborhood chemistry is very good. Each neighboring business is unique (especially ours) and complimentary, so no real competition.
- Reasons for selling:
-
To grow the chain and work on the next BTR bar/stores.
- Trading hours:
-
10 am - midnight, local closing time
- Employees:
- 5
- Years established:
- Brand 6 years, Bar 2 years
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
We don't use the term franchise but that's what it is, we operate under a brand use agreement with BTR Ltd. Each BTR bar/store operates under the same terms and conditions. Brand use agreement details provided at the appropriate stage of in inquiry.
Other Information
- Support & training:
-
Extensive staff training is included and an important part of the BTR success formula. Staff is available to stay on.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Some seller financing is available.
- Furniture / Fixtures value:
- $25,000 (USD) - included in the asking price
- Inventory / Stock value:
- $7,000 (USD) - included in the asking price
- Website:
- Login or register to view link
- Relocatable:
- This business can be relocated.
