Business for sale: Local 59
Almost as soon as it opened, Local 59 became part of the community, appreciated for its all-day breakfast and lovely pastries in a hip, beautifully designed café on the Santiago neighborhood’s main thoroughfare.
The popular restaurant has been featured in Yucatán Today magazine and monthly sales are fantastic. Now offered for sale, the ROI — Return on Investment — on this thriving business would be quick.
The quality and flavor of their products are consistently outstanding, earning them numerous five-star reviews on TripAdvisor and Facebook.
This is a great opportunity to live and work in Mérida.
This business is fully operational with trained staff willing to stay on. All recipes are included. That makes this a total turn-key operation.
The property is not part of the offer, but the new owner will assume what’s left of a three-year lease with an option to renew and a first option to buy the property. Inclusions are available upon request.
The safest city in Latin America, Mérida is rated one of the very best cities to retire in Mexico.
Merida offers colonial charm, excellent health care services, Gulf Coast beaches only 40 minutes from Centro and the cost of living is extremely attractive.
While Yucatán real estate is still affordable, the prices continue to go up. This is definitely the time to consider a real estate purchase in the Yucatán.
Here is Local 59 by the numbers:
- Bedrooms: 3
- Bathrooms: 2
- Business (not the property itself) offered at: US$100,000
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Contact Carlos Betancourt, 999-200-5794 or meridaliving@hotmail.com.
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