Costa Rica, Guanacaste, Tamarindo
Tamarindo continues to be one of the strongest areas when it comes to ROI. The vast number of tourists that visit the area each year continues to grow, surpassing the 1.5M visitors during 2017, and with the expansion of the international airport only 50 minutes away from town, these numbers are expected to increase even more. The beauty of the beach and a large number of available activities and attractions in the area make it one of the most popular towns to visit, providing commerce with a steady influx of customers during the year.
El Patio presents a great business opportunity since it is located right in the center of Tamarindo. Everything was rebuilt and remodeled between September and December of 2015. This amazing turnkey business has been open since mid-December back then and has only increased in value and reputation since. Nestled underneath a Guanacaste tree, roofed with palms, and surrounded by tropical plants, El Patio creates a great and different experience in dining. With Teak wood floors, and Guanacaste wood tables and chairs, the rustic ambiance brings back to Tamarindo what used to be the norm in restaurants throughout Guanacaste.
The business is offered along with all the necessary equipment and furniture. The kitchen has a 10-burner gas stove, bain-marie, oven, grill, double deep-fryer, microwave oven, 4 large refrigerators, 2 freezers, and a 4m2 cold room. The main area has enough space to sit 120 people. Currently operates from 5 pm to midnight, with an occupancy of around 100-150 people per day during the high season, and about 50 during the low; with $40-$50 per person invoices, proving its profitability.
The rental of the building is $1,500 per month, on a 5-year lease, and given its prime location, the price for rent is very low in comparison. With 15 employees during the high season (6 in kitchen, 7 in the restaurant plus a maid and a night guard) and up to 8 employees during the low season, this is a stable business with logistics already completed, making it that much easier to take over!