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Own The Top Rated Restaurant In Jaco Beach For Sale

Jacó Beach, Puntarenas
Asking Price:
$275,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (USD)
Cash Flow:
$100K - $250K (USD)

This is a rare opportunity to take over a proven top 10 restaurant (#1 in its category) in one of the most progressing tourist spots in Central America - Over 2 million visitors come through each year - in this award winning vacation destination of Costa Rica, famous for its natural beauty. We all know the saying, Location, Location, Location – this restaurant has IT!

In addition to the restaurant’s established client base, great reputation, and excellent location is the super well trained staff that demonstrates excellence whether the owner is at the restaurant or traveling abroad-- thus this place offers the rare opportunity to own it as an “absentee owner.” (Video cameras!)

The Facts:
1. Ground floor corner location on Jaco’s main street just one block for the center of town with current seating for over 120 with potentially 10-20 more.. The place is modern and beautiful with quality comfortable furnishings, and top of the line kitchen equipment and fixtures which are included in the sale. The building owners are great people and very willing to listen to your ideas.

2. Assets Included: A complete separate list of all FFE (furniture-fixtures-equipment) that shall be provided prior to and as an addendum to the Purchase and Sales Agreement. Purchased RECENTLY: over $150,000 in new FF&E; plus a new espresso machine by Costa Rica's #1 coffee producer; 24 new tables and over 100 new chairs were purchased.

3. Food & Beverage inventory shall also be considered as an asset whose value to be discussed prior to the full Purchase Agreement is written. Liquor license allows business to remain open til 2.00am.

4. The Goodwill and Business Name: The Sellers recognize the importance of the name and the existing goodwill.

5. Sellers train the new owner/owners for a period not less than 30 days and will provide details for every aspect of the restaurant to ensure continued success.

6. PRICE: Asking Price: $275,000 (in USD) We estimate less than a 2-3 year time frame to recoup your investment. Everything but the real estate is included (FF&E + Recipes!). Based on market analysis, the restaurant has the potential to generate annual gross revenues of close to $1,000,000.00

Serious inquires only, contact us for more details. First $275,000 (Firm). A signed non-disclosure will be required to receive information. Long term lease rent negotiable.

Property information

Real Estate:

Lease

Leasehold Rent:

$48,000 (USD) per annum

Location:

In the center of Jaco Beach, in Garabito, Puntarenas, Costa Rica, one block to the ocean. The open air location continues to pack them in, night after night.

Premises Details:

Large size restaurant (for Jaco), beautifully and uniquely decorated, Turnkey ready, all employees trained to run the restaurant without the owners. Furniture-fixtures-equipment have been upgraded.

Business Operation

Expansion Potential:

Because of its popularity with locals and tourists, this restaurant has tremendous expansion potential to San Jose and other tourist destinations such as Tamarindo.

Competition / Market:

Acknowledged as one of Costa Rica's most popular restaurants serving the finest in fresh LOCAL seafood, local and Mexican cuisine, fresh locally produced fruits and veggies, and international specialties. This is considered by many the best restaurant in all of Costa Rica, and very popular with Costa Ricans as well as tourists.

Reasons for selling:

Owner is a business developer. This is what we do.

Trading hours:

Open 7 days per week; 11am to 10pm Sun - Thurs, 11am to 12am Fri & Sat

Other Information

Support & training:

Sellers train the new owner/owners for a period not less than 30 days and will provide details for every aspect of the restaurant to ensure continued success

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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