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Restaurant in Cabarete for sale

Slideshow image
thumb_515_soldsign.jpgRestaurant on the beachThe Welcoming Restaurant Bar
Beautiful Kitchen AppliancesThe New Look of this Lovely RestaurantRestaurant at Night
BarStreet EntranceOutdoor Seating
The Most Popular Beach On The North Coast Penthouse Living RoomPenthouse Bedroom

Restaurant in Cabarete for sale

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Status: Sold
Listing #: B-21120 FYL
City: Cabarete
Price: U$0
Living area (sq. Feet): 3300 / sq Meters: 306.6
/ sq Meters:

Restaurant in Cabarete for Sale 

Have you ever dreamed of owning a successful restaurant on the beach? Well look no further.  This profitable, turn-key restaurant is located on Cabarete Beach, one of the most popular beaches here on the North Coast of the Dominican Republic.  With delicious Italian/Mediterranean food, beach seating, and prime location, this restaurant is a big tourist attraction. The restaurant has 2 entrances—one on the main street in Cabarete and the other on the beach. Not only is there a large refurbished and stylish indoor space with seating for over 80 guests, but there is also seating directly on the beach for up to 70 guests. The restaurant boasts 3,300 square feet of indoor space making it one of the largest restaurants in the area and giving it the flexibility to be used for live music and dancing as well.  The present owner, a restaurateur and chef, redesigned the kitchens and imported a top of the range Pizza oven—his wide choice of menu and delicious food appeals to everyone.  The restaurant also boasts new roofs, new flooring, new electrical and new plumbing.

In addition to the restaurant, this property also includes 4 years of a lease (with the option to negotiate another 7 year lease) for two 1 bedroom apartments (can be rented out for $500 each per month), one 2 bedroom penthouse (can be rented out for $1,000 per month), and 2 commercial spaces (1 rents for $600/month and the other one rents for $310/month).  This is an investor’s dream.  The rental income of the apartments and commercial spaces nearly covers the cost of the entire lease.  The penthouse has beautiful ocean views and would be the perfect spot to live and enjoy this Caribbean lifestyle before opening up the restaurant for the evening.

If you are interested in this superb investment opportunity or would like more info on the buying process in the Dominican Republic, please fill out the information form to the left.

Community features: Public transport
Distance to airport (km): 19
Distance to airport (miles): 12
Distance to beach (km): 0
Distance to beach (miles): 0
Distance to schools (km): 0.4
Distance to schools (miles): 0.2
Distance to shopping (km): 0
Distance to shopping (miles): 0
Distance to town (km): 0
Distance to town (miles): 0
Financing Available: Yes
Furnished: Fully furnished
Lattitude: 19.733098308747795
Longitude: -70.39215087890625
Listing #: B-21120
View: Beach front