{"id":2906,"date":"2011-07-25T15:07:20","date_gmt":"2011-07-25T20:07:20","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=2906"},"modified":"2011-07-26T09:29:27","modified_gmt":"2011-07-26T14:29:27","slug":"panama-city-restaurant-for-sale","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-city-restaurant-for-sale\/","title":{"rendered":"Panama City Restaurant for Sale"},"content":{"rendered":"

<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>Panama Advisory International Group along with Panama Equity are pleased to announce that we have listed one of Panama’s finest restaurants for sale on an exclusive basis.\u00a0 The Owner is offering the leasehold interest for sale at this time as he is retiring, again!<\/strong>\u00a0 We welcome investor\/operator interest as well as broker participation.\u00a0<\/em><\/p>\n

\u00a0<\/em>\u00a0<\/p>\n

\u00a0<\/em>\u00a0<\/p>\n

\"\"<\/a><\/a><\/p>\n

We believe that this property offers an investor\/operator the opportunity to take over an newly established restaurant that is well located and offers significant upside potential.\u00a0\u00a0Within a 10 block radius, you\u2019ve got more than ten hotels (with an additional four\u00a0under construction), two full time universities, and literally hundreds of shops, restaurants, and small bohemian cafes.\u00a0 This restaurant is literally in the epicenter of the tourist district of El Cangrejo, your potential clientele is limitless!\u00a0\u00a0\u00a0<\/h3>\n

Fast Facts<\/em><\/h3>\n

The size of the restaurant is approximately 800 square meters or 8,600 square feet\u00a0in total,\u00a0100 m2 or 1076\u00a0sf\u00a0of which is\u00a0in 2\u00a0covered open areas.\u00a0<\/p>\n

The dining areas consist of six separate themes based upon different countries around the world where a tropical design and lifestyle host numerous culinary delights.\u00a0 There is also a discotheque and covered patio area.<\/p>\n

The building was remodeled when the restaurant opened for business in 2009 and\u00a0has been in continuous operation Monday through Friday 5PM to 2AM and Saturday from Noon to 2 AM.\u00a0 The client list has grown to over 7,000 patrons, many of whom are regular customers.<\/p>\n

The Leasehold is under a 5 year lease with an option to renew where increases capped at no more than 5% per annum.\u00a0 Rent is $60,000 per annum.<\/p>\n

There is secured on site and off site parking available.<\/p>\n

\"\"<\/a><\/p>\n

The bar area is well appointed and offers patrons a host of beverages made by an experienced bar tender staff.<\/p>\n

\u00a0<\/p>\n

\u00a0<\/embed><\/object><\/p>\n

Guests include locals, tourists and members of the expat community as well as an occasional celebrity sighting.<\/p>\n

<\/a>\"\"<\/a>\u00a0\u00a0\u00a0 <\/a><\/a>\"\"<\/a>\u00a0<\/p>\n

\"\"<\/a>\u00a0\u00a0 \u00a0\"\"<\/a><\/p>\n

<\/a><\/a><\/a><\/a><\/a>\"\"<\/a>\u00a0 \u00a0 <\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a><\/p>\n

The outdoor venues and disco are popular spots late into the night and early hours of the morning<\/p>\n

<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/p>\n

\"\"<\/a>\u00a0\u00a0\u00a0 <\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a><\/p>\n

\"\"<\/a>\u00a0 \u00a0\u00a0<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a>\u00a0\u00a0 \u00a0<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a>\u00a0\u00a0<\/p>\n

Pangea offers an extensive wine list, an upscale decor and tastefully decorated spaces for patrons<\/p>\n

<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a>\u00a0\u00a0\u00a0\u00a0<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a>\u00a0\u00a0\u00a0 <\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a><\/p>\n

Theme parties and Tango night offer patrons a never ending menu of activities at Pangea<\/p>\n

<\/a>\u00a0 \u00a0<\/a><\/a>\"\"<\/a><\/em>\u00a0\u00a0\u00a0 <\/a>\"\"<\/a><\/em><\/em><\/p>\n

\"\"<\/a>\u00a0 <\/a><\/a><\/a>\"\"<\/a><\/em><\/em><\/p>\n

Pangea is in the right place at the right time \u00a0for the right operator to take this business\u00a0to the next level.<\/h3>\n

<\/a><\/a><\/a><\/a>\"\"<\/a>\u00a0 <\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a><\/em><\/em><\/p>\n

\u00a0<\/a><\/a><\/a><\/a>\"\"<\/a>\u00a0 <\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a><\/em><\/em><\/em><\/p>\n

<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/em><\/p>\n

<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>LOCATION:\u00a0\u00a0 THE BEST\u00a0 !!!<\/em><\/em><\/p>\n

<\/em><\/em>\u00a0<\/p>\n

\u00a0<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a>\u00a0 <\/em><\/em><\/em><\/p>\n

<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a><\/em><\/p>\n

<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a>\"\"<\/a><\/em><\/em><\/p>\n

<\/a>\u00a0<\/p>\n

<\/em>\u00a0<\/p>\n

For further information contact:<\/em><\/p>\n

Tom Brymer <\/em>305-448-1003 in the US, \u00a0(507) 6810 – 1074 in Panama <\/em><\/p>\n

tbrymer@brymerpa.com<\/a> <\/em><\/p>\n

Or<\/em><\/p>\n

Kent Davis (507) 6030 – 6782 in Panama<\/em><\/p>\n

kent@panamaequity.com<\/a><\/a><\/em><\/p>\n

\u00a0<\/em>\u00a0<\/p>\n

\u00a0<\/em>\u00a0<\/p>\n

<\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/a><\/span><\/span>\u00a0<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Panama Advisory International Group along with Panama Equity are pleased to announce that we have listed one of<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2906","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective"],"yoast_head":"\nPanama City Restaurant for Sale - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-city-restaurant-for-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Panama City Restaurant for Sale\" \/>\n<meta property=\"og:description\" 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