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Coconutz Sports Bar Moneymaking Costa Rica Beach Bar For Sale

Playas del Coco, Guanacaste
Asking Price:
$500,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (USD)
Cash Flow:
$250K - $500K (USD)

Profitable, well-run 300+ seat Sports Bar and Restaurant For Sale in the Heart of Playas del Coco. Are you looking for the opportunity to own a profitable, well known Restaurant and Bar in the heart of a thriving Costa Rica Beach Town? Coconutz Sports Bar and Grill, located in the middle of the entertainment district of Playas Del Coco is now available for sale. This business is completely turnkey ready with all equipment, licenses, permits and staff in place to turn profits from day one. The Restaurant features seating for over 300 guests, has two operational bars, a multi deck layout, main road frontage, a stage and sound system for live music, multiple flat screen TV’s for viewing any sporting event imaginable and a fully equipped Kitchen with ample storage for inventory and ease of service. A new nine year assumable lease is in place to ensure your continued success. Coconutz is located in Playas Del Coco, the service and entertainment hub of the Papagayo region and only twenty five minutes from the Liberia International Airport and thirty minutes from Liberia, the provincial capital of Guanacaste. Live your dream job today!

Property information

Real Estate:

Lease

Lease Terms:

9

Leasehold Rent:

$48,000 (USD) per annum

Location:

Dead Center of the Entertainment District of Playas del Coco, Guanacaste, Costa Rica. Main Road Frontage with huge amount of both driving and walking traffic all day and night. Just steps to the Beach and various Hotels and Rental Condo Complexes. Only 20 minutes from the Liberia International Airport.

Premises Details:

Seating for over 300 guests. 2 Bars and large commercial sized Kitchen that can handle large crowds all at once. Bar and Restaurant front the main road so you cannot drive or walk into Playas del Coco without seeing the Bar and Restaurant. There is an upper and lower bar and seating area that serves as overflow or works well for large events like Football Sunday, Superbowl, Thanksgiving, etc. There is a large screen for movie nights.

Planning Consent:

Liquor License

Business Operation

Expansion Potential:

There is significant potential to expand on the current business model as the current owner has done very well with a lot of hard work and persistence. A seasoned Bar/Restaurant operator could maximize the sales and profits out of this location.

Competition / Market:

There are 3 main competitors in the area one of which is Hard Rock Cafe Guanacaste. All of the 3 competitors have done very well and have not taken business from each other or from Coconutz as the area is growing as an entertainment district. The key is that there are no other retail spots that a competitor could come in and create another direct competition to the business. A new 9 year assumable lease was just signed assuring your spot as the area continues to grow.

Reasons for selling:

Retiring

Trading hours:

10am to 12pm 7 days a week

Employees:
20
Years established:
6

Other Information

Support & training:

Seller will stay on if required.

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD)
Related Documents:

Contact Seller

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