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Downtown Bar Rest. With 4 Room Pension For Sale

San Jose Centro, San Jose
Asking Price:
$120,000 (USD)
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

San Jose Sports Bar / Restaurant with mixed Gringo, Tico (Costa Rican) clientele. Motel / Pension with steady operating flow. Business has grown steadily since new ownership 2014. Great fun to operate with exceptional staff, Full & Boca menu of mixed Costa Rican and international foods. Marketing program in place including monthly and yearly events, Web and Facebook coverage, shirts, etc. All rooms are good size and equipped with hot water showers. A 5th room for living quarters is included. Building includes Handicap bathroom, multiple TVs, Stereo system, computer system, Full security system, Full kitchen, Propane Gas cooking, Full wrap around bar, etc.
Further information available upon request, please contact seller below for further details.

Property information

Real Estate:

Lease

Lease Terms:

Good lease, same landlord for this location for over 40 years. Property is handed down through generations.

Living Accommodation:

Room with private bath

Location:

Located in Central San Jose (Barrio Amon) On busy street leading to highway, Good foot traffic and visibility.

Premises Details:

2 Storey, Building with the bar rest. on the main floor plus one room (quarters). Motel / Pension lobby next door and rooms above. Full washrooms including handicap.

Planning Consent:

All permits in place, including a salon permit

Business Operation

Expansion Potential:

There is property available next door to expand. Good potential for more business

Competition / Market:

Several bars in the area. This bar fairs well.

Reasons for selling:

Interested in doing something else.

Trading hours:

Open 7 days a week, from 11 am

Employees:
1 - 5
Years established:
over 40, current owner 3 years

Other Information

Support & training:

The owners will stay and train, The employees are also very efficient in operating the business. Marketing support is also available.

Furniture / Fixtures value:
$23,000 (USD)
Inventory / Stock value:
$4,000 (USD)
Website:
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