Oldest Coastal Surf Shop In Costa Rica For Sale

Business description

Oldest operating surf shop in Playa Jaco , Costa Rica . Written up in most major travel guides and been in Lonely Planet as a provider of services longer than any other surf shop in Costa Rica. Have exclusive contracts with many product lines and we are the only surf shop with an Ocean View in Jaco , located right on the main drag on almost 500 sq meters of prime real estate. Of course plenty of room to grow as well .Very profitable and even with a bad economic year in 09 we didnt have a RED month yet ! Our surf school is the oldest surf school in Costa Rica and has been operating since 1988 and it comes free with the shop,property and inventory . US ethics and business principles in use always .Owner willing to continue on during transition period and work force ready to continue on hand as well . Inventory fluctuates but at any given time could be 350K U.S. or more at cost of goods delivered . U.S. Sunny ,warm water and the most consistent waves in the Pacific are waiting for you !!!

Property information

Real Estate:

Real Property Included

Location:

Main road frontage in the cneter of Jacos commercial district , near 4 main hotels and ocean view to boot .

Premises details:

Over half of a commercial center is dedicated to this operation and owned by the "Surf Shop" for total property size of just over 5000 sq ft . Has parking area for up to 12 vehicles .

Other information

Expansion potential:

Building could be expanded to multi floor and or room to expand into garden area .

Competition / Market:

There are some 7 other surf shops in direct competetition in the area but none have the strength , size ,years of operation and quatity and quality of inventory . The competition actually makes the surf shop look even better .

Support & training:

Will stay on for a a fair salary up to 1 year for transition or 3 months for free !

Reasons for selling:

Been at this for over 20 years , wish to semi-retire and redirect my energies . I probably will be the shops best customer and spend to much time in the store anyways !

Trading hours:

7 days a week 364 days a year we close for Christmas day . Hours are 8-8 except Sunday until 6 p.m.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

30% down and the rest can be financed up to 20 years at standard Costa Rica bank loan rates [now 12% apr] .

Furniture / Fixtures value:

$15,000 (included in the asking price)

Inventory / Stock value:

$375,000 (included in the asking price)