Small bar, to buy it, you must kill a manager's ex- lover. Use assassin to do this mission.
Get on the car and drive to the part of street, which is now under construction. Kill the guy with blue cap and pink anorak. He will be in the last but one motorboat.
Come back to the bar and buy it for 80.000$. Probably now you need money, so: Felix -> Supplier - > Distribution.
In this time you should have 4 level of reputation (14 new positions in catalog, 50.000$ limit for drugs, M-79 and MAC10 to buy). Also you will gain captain for your boat.