- Property Type: Business/Commercial
- Offer type: SOLD
- City: Tamarindo Beach
- Bedrooms: N/A
- Bathrooms: 2
- Property size: 84 m²
Details
Shaka Foods is a successful Gluten Free Restaurant & Bakery that has been serving the Tamarindo area for over 6 years. The restaurant is located 1km from Tamarindo and is across the street from one of the biggest SuperMarkets in the area, The Garden Plaza Shopping Mall, and a movie theatre that is scheduled to re-open this year.
The restaurant is currently open from 8am – 4pm Monday through Saturday and is closed on Sundays.
The current lease on the property is $1500/month and will be renewed for an additional 5 years when the restaurant is purchased by new owners.
The restaurant is currently averaging $125,000 in gross income at a 40% margin for an average net profit of $50,000. There is still a lot of opportunity for the new owners to increase the revenue and profit by expanding their hours of operation, offering a dinner menu, participating in the local weekly markets, delivering their baked goods to local businesses, participating in social media platforms and local advertisements, etc…
The current owners will stay and train the new owners to operate the business for the first 15 days of operation.
We really love this business opportunity as it is an established business that is generating great income for the asking price, a new owner could recoup their investment in the first year of operation.
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