Che Sirloin: Popular and Profitable Restaurant for Sale in Playas del Coco

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  • $179,000
  • Active
  • Listing ID : CS2300006
  • Playas del Coco, Sardinal, Carrillo, Guanacaste, Costa Rica
  • Ocean-Vicinity
  • 0
  • Restaurant
  • Garden View
  • Total Lot Size : 73.18 m² (787.70 sq ft)

This very popular, profitable steak house in the heart of Playas del Coco is an incredible opportunity to take over a high cash-flowing business with a great following. In operation for over 5 years, this restaurant can be purchased with the real estate (2 commercial units in a popular commercial center), all equipment, furnishings, and inventory. Located a quick 3 minute walk to the beach and in the middle of 100’s of residential units within walking distance, the location is perfectly centered in the north Coco community. There is large outdoor seating as well is indoor air conditioned seating

More about this property

This very popular, profitable steak house in the heart of Playas del Coco is an incredible opportunity to take over a high cash-flowing business with a great following. In operation for over 5 years, this restaurant can be purchased with the real estate (2 commercial units in a popular commercial center), all equipment, furnishings, and inventory. Located a quick 3 minute walk to the beach and in the middle of 100’s of residential units within walking distance, the location is perfectly centered in the north Coco community. There is large outdoor seating as well is indoor air conditioned seating!

Our seller only operates 10 months out of the year, and is closed on Sunday! A new operator can hold on to the property and business as-is, and make over $100k per year, or, add breakfast everyday / brunch on Sunday, and make significantly more income. This business and real estate opportunity is perfect as-is, but there are many options available to maximize your investment between the real estate and the business.

Purchasing Options:

I. Restaurant Business with Commercial Real Estate: $375,000

Pricing includes 2 commercial units (worth approximately $100k each), plus FF&E (Furniture, Fixtures and Equipment), and Inventory valuing over $30,000. The current well trained employees will stay on at buyer's option, and the owner will train in the operations.

II. Business Only with Lease: $179,000

Pricing includes all business assets and a very generous term for leasing the real estate.

III. Business Plus Real Estate with Seller Financing: $179,000, plus $196,000 Financed for Real Estate

Pricing includes all business assets and seller financing at 7% interest plus $750 per month in principal, for the real estate over 5 years, with a balloon payment at the end of five years.

Again, Net Income is over $100k per year in the current operation, at only 10-months per year, and closed on Sundays, no breakfast...! Reason for Sale: Seller is relocating. Contact us Today for more information and a private showing.

Details
Roof Type Roof Tile
Number of Units 2
Number of Rooms 3
Unit Floor 1
Number of Stories 1
Total Interior Area 65.00 m² (699.65 sq ft)
Total Lot Size 73.18 m² (787.70 sq ft)
Floor Type Tile
Construction Status Completed
Construction Type Concrete, Concrete Block
Year Built 0000
Appliances Included Freezer, Grill, Hotplate, Microwave, Oven, Refrigerator, Stove, Stove Hood
Air Condition Type Multiple Wall Units
Furnished Type Fully
Pool No
Jacuzzi No
Parking No
Telephone Yes
Internet Types Cable Internet
Television Types High Def. Cable TV, High Def. Satellite TV, Standard Cable TV, Standard Satellite TV
BBQ No
Geography
Location Playas del Coco, Sardinal, Carrillo, Guanacaste, Costa Rica
Country Costa Rica
State Guanacaste
County Carrillo
District Sardinal
City/Town Playas del Coco
Zip Code 50304
Location Type Ocean-Vicinity
Geographic Type Dry Forest
View Type Garden View
Precipitation Dry
Infrastructure
Street Access Type Unpaved Road
Type of Water City Water
Type of Sewer Public
Type of Internet Cable Internet
Type of Television Cable Television, Satellite Television
Type of Electricity Public
Telephone Available Yes
Financial/Legal
Price per Air-Conditionable Living Area $2,753.85/m2 ($255.84/sqft)
Price per Square Meter $2,446.02/m2 ($227.24/sqft)
List Price $179,000
Ownership Type Legal Corporation

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