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Serviced Apartment for Sale in Monteverde, Costa Rica

Profitable Monteverde restaurant and hostel offering Mediterranean cuisine and accommodation, generating $100k monthly revenue.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.2 million
Run Rate Sales USD 1.2 million
EBITDA Margin 20 %
Industries Serviced Apartments + 1 more
Locations  Monteverde
Local Time 5:26 AM Asia / Jerusalem
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: USD 2,000,000)
Reason: To owner is looking to explore other investment opportunities.
Includes physical assets worth USD 2 million
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Business Name
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Business Overview
- Situated in the heart of Monteverde, this business benefits from high foot traffic due to its prime location, offering both a restaurant with bar and hostel experience under one roof.
- Known for Mediterranean cuisine offerings, the establishment attracts a diverse clientele seeking global dining experiences and comfortable hostel accommodation.
- The business generates an impressive average monthly revenue of $100,000, showcasing its profitability and financial stability.
- The hostel comprises 15 rooms, consistently reaching full occupancy during peak months of September and October, further enhancing its revenue potential.
- With a seating capacity of 80 in the restaurant and bar area, the establishment can cater to large groups and events, maximizing customer satisfaction through efficient service.
- Possession of both liquor and food licenses ensures that the business operates within legal requirements.
- The business enjoys a long peak season from April to December, providing an extended period for capturing maximum market demand and optimizing revenue inflows.
- The promoter is based in Israel and occasionally travels to Costa Rica to manage the operations, while the other partner manages the business locally.
Products & Services Overview
The restaurant and bar offers a unique blend of Mediterranean cuisine and street food, serving an all-day breakfast, sandwiches, and Israeli dishes, alongside both vegetarian and non-vegetarian options with great cocktails.
The hostel establishment attracts a diverse clientele, including tourists and locals seeking comfortable accommodation.
Assets Overview
Physical assets include kitchen equipment, furniture and fixtures, which is ~$100k and the rest is land & building.
Facilities Overview
Own property of 1,700 m2 area with restaurant and hostel facilities, located in Santa Elena, Monteverde.
Capitalization Overview
Self-funded.
No outstanding loans or liabilities.
There are 2 shareholders with the promoter being the majority shareholder.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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