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287 Basilio Badillo 1, Nacho Daddy, Puerto Vallarta, JA

$649,000
Property Type: Business Status: Active
Current Price: $649,000 List Date: 8/15/2024 Last Modified: 10/31/2024

Description

!Business Only For sale! Excellent opportunity to acquire turn key profitable bar/restaurant and large theatre/entertainment space in a very central and desirable Romantic Zone location. Nacho Daddy Tex Mex Sports Bar is a very well established community staple that boasts a large loyal following of locals and tourists. Second floor is a well equipped entertainment theatre that seats 100 plus persons. Hours can be extended as well as theatre marketing for live shows, bands, special events for even more potential revenue. Excellent staff and food and beverage program. One of the most attractive components of this long standing business is the low lease rate and attractive terms. Excellent opportunity to take over and expand one of Vallarta's most iconic establishments

More Information MLS# 33430

Address

Property Name: Nacho Daddy Street Number: 287 Street Name: Basilio Badillo Unit #: 1 State: JA Zone: Puerto Vallarta Area: Centro South Community: Emiliano Zapata

General Description

List Price USD$: 649000 List Price MXN$: 12000000 1/2 Bath: 5 Primary View: City Secondary View: Street Pre-construction: No Construction Manifest: Yes

Contract Data

Begin Date: 2024-06-26 Status: Active

Not Used

Original Price USD$: 649000

Property Features

Type of Business: Bar; Restaurant Road Type: Cobblestone
Last Updated: October - 31 - 2024
287 Basilio Badillo 1, Nacho Daddy, Puerto Vallarta, JA- MLS# 33430
'This information is deemed to be reliable, but is not guaranteed. The information herein provided has been made available by the Flexmls IDX System and may not be the listing of the provider'.

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Benny Love

Broker and Co-Founder

Contact

Ben started Wanderlust after becoming a veteran of the Latin American property development scene. With degrees in Anthropology and History, he has been attracted to the incredible cultural diversity and history of Mexico and Central America from a young age. A hunger to explore brought Ben to Nicaragua where he spent five years building custom vacation homes. Because these projects were mostly on raw land with limited resources, he was forced to learn all facets of the development process: he was expected to be the designer, architect, engineer, and builder. Most of the furniture, cabinetry, and windows were built by hand, as was general infrastructure such as roads, wells, and electrical and septic systems. These five years in Nicaragua have made Ben incredibly resourceful, and developed in him an “anything is possible” attitude.

While in Nicaragua, he joined his wife Kassidy’s nonprofit, The Sweet Water Fund, a grassroots foundation dedicated to inspiring Nicaraguan villages and empowering the local women through job opportunities, healthy lifestyles, and the arts. They spearheaded many projects such as nutrition and fitness programs, a suspension bridge over the local river so kids could more easily get to school, and a school kitchen built completely out of recycled materials.

After returning to the United States from Nicaragua, Ben became a general contractor in Sonoma, California. He completed multiple prestigious projects in the Sonoma and Napa valleys, including the remodeling of old-world wineries and the building of several spectacular second homes.

Three years later, Ben and Kassidy realized that the lifestyle and pace of Latin America was calling them back, so, in 2016, they and their two little boys, two dogs, and two cats made the leap down to gorgeous San Pancho to start all over again.


Ben was fortunate to work under Fred Feibel of F.L. Feibel y Asociados in San Pancho, where he developed a deep understanding of the practices and customs of Mexican real estate. After Fred’s untimely passing at the end of 2017, Ben took on the role of broker and lead agent and ran the office with his mentor’s high level of integrity and customer service. In the following year, Ben boosted the company’s sales by 350%, increasing its referral base and closing ratio.

Now a sought-after agent in the Riviera Nayarit, Ben decided to start his own company, Wanderlust Real Estate + Development. He brings his tenacity, organization, energy, optimism and creativity to the Wanderlust team and prides himself on keeping everyone on track and their clients informed, calm, and happy.