Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Caribbean Coast Beach Bar Restaurant For Sale

Puerto Viejo, Limon
Asking Price:
$80,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$150,000
Cash Flow:
$40,000

Sales price of the Business (Company): US $ 80,000
Annual rent 2018: US $ 7,800 (+ 5% / year contract)
Turnover 2018: US $ 150,000 (estimated at October 2018, but likely slightly higher)
2018 Man power cost (Salaries and charges): US $ 30,000 / year (20% of turnover)

ACTIVITY DESCRIPTION

Located on the southern Caribbean coast of Costa Rica, on the beach of Punta Uva (Designated in the top 25 of the best beach in the world by Trip Advisor in 2018), but outside the Terrestrial Maritime Zone, between Puerto Viejo de Talamanca and the refuge of Manzanillo Gandoca, the beach bar and restaurant EDEN BEACH Punta Uva is installed on an approximately 2500 m2 land, arranged in exotic garden.

This establishment of fifty seats, is today open every day from 8am to 5:30 pm (the night falls early here) and offers a simple but varied cuisine corresponding to the needs of the clientele: Breakfast, brunch, sandwich, snack, pasta, burgers, fresh fish and lobster (direct from the Punta Uva’s fishermen)

The clientele is made up of 80% of visiting foreign tourists (Mainly North and South America and Europe), 10% of national tourists (rising numbers, mainly on weekends and public holidays), and 10% of locals (mainly expatriates but also nationals)

it is also possible to keep the lease of a "Casita" located 50 m from the restaurant (ideal for a couple).
Interesting rental price for the casita (info on request - private Email)
Airbnb price: $ 35 / night in low season and up to $ 60 / month in high season (Super Host Airbnb status)
This small, simple house is very convenient can allow to settle on site immediately and / or generate a little more profit at the business (profitable especially from December to April and from August to October)

The first phase of development during which we have reinvested a large part of the profits is completed: Company created (« Limited responsibility company »), bank accounts (local currency and US $), lease agreement before notary, Municipal agreement, Full alcohol authorization, Operating authorization from the Ministry of Health, Tax (Simplified system, no accounting needed), Sufficient equipment to operate (bar, kitchen, freezers, refrigerators "Coca", refrigerator supplier beers, espresso machine), garden, Bar and kitchen, roof of the main rancho sealed, floor redone, machine credit card, POS and printer, sound system, stabilized suppliers, rotating team (service / bar and kitchen), Stabilization of sales prices, new professional menus (Alcohols & Cocktails, and Menu General), communication (image and notoriety), Facebook, Trip Advisor, Google ... In short, a turnkey business on a premium location!


Outlook for evolutions:
We estimate a potential increase of 15 to 20% of turnover for the next year: Extended menu, new sales prices, Credit Card payment machine (only a few months out of 2018), better organization / team, reputation, visibility ...)
Moreover, it is possible, with a small investment in communication and lighting to open the evenings.
The area is expanding economically, and many guesthouses are located in the area of ??Punta Uva, which generates a potential clientele and a rising demand for dinner service.
In addition, the land extends over approximately 2500 m2 (tropical garden) and therefore allows the development of many areas for ideas of possible developments ...

It is possible to set up an operational support personalized according to your profile and your needs.
Training on menus, administrative procedures (simple), partners, suppliers, etc.

This business will allow those who wish to expatriate and "change of life" with a flexible legal and tax framework to start immediately with a turnkey operation. Suitable for a couple or two partners, for a conversion or a first installation.It is entirely possible today to hold this business without particular competence in cooking or any restaurant experience.
The company benefits from a rental agreement made by lawyer, for a remaining term of 4 years (to December 2018) + 3 years (maximum renting price agreed), all operating authorizations, bank accounts, alcohol license...

If interested please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

At November 2018 there is still 4 years + 3 years (renting price max)

Leasehold Rent:

$7,800 per annum

Living Accommodation:

Possible to keep the leasing of a little house located 50m from the restaurant. Renting price not included in the restaurant leasing (separated contract). See general presentation for details.

Location:

Punta Uva Beach, Between Puerto Viejo de Talamanca and Manzanillo

Premises Details:

The restaurant is located in a 2500 scare meter field (tropical garden). It includes the main building (Rancho) with the kitchen, the bar, and the main room, 3 small ranchos, and a separate building with 3 bathroom.

Size in square feet:
27,000

Business Operation

Expansion Potential:

The land extends over approximately 2500 m2 (tropical garden) and therefore allows the development of many areas for ideas of possible developments ...
There are already 3 platform (concrete covered by 3" sand) for different activities

Competition / Market:

Only beach bar and Restaurant in Punta Uva Beach

Reasons for selling:

Private

Trading hours:

7 days a week, from 8AM (Breakfast), to 5:30PM
Happy hours every Fridays from 4:30PM to 6PM

Employees:
On specific request (Private Email)

Other Information

Support & training:

It is possible to set up an operational support personalised according to your profile and your needs.
Training on menus, administrative procedures (simple), partners, suppliers, etc.

Website:
Login or register to view link

Contact Information

    1. Your Address

    2. Optional
  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here