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Hotel & Brewery Near Lake Arenal For Sale

Tilaran, Guanacaste, Costa Rica
Asking Price:
$2,000,000 (USD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

Buy 100% of the infrastructure and turn-key operating business of the hotel at a discount for $2,000,000, price based on the 2.6 million BCR Bank appraisal of land and buildings only. Or, buy the controlling 51%, for 1.5 million that considers the un-appraised but real value of the operating business, all its furnishings/equipment, and includes the brewery equipment (which alone is a $300,000 value)!

Come by as a prospective buyer or come incognito, as a regular guest - see and experience our operation from the client side, first-hand! Try our food, experience the hotel amenities and see the local sites and gage for yourself the value and potential for accelerating growth of the ROI/value. Ownership of this infrastructure, combined with your vision for growth, puts you literally decades ahead in any start-up of a similar commercial endeavor. Opportunity it is…..fire-sale it’s not, for 28 years it’s been in operation and profitable, but it’s time for new vision….

The bar/restaurant is rented to a third party and pays all of its own related expenses including: electricity, employees and all purchases generating sales and taxes generated from sales. In lieu of a traditional fixed monthly rental fee a commission on sales is paid: the commission is paid every 15 days and is 25% (the bar sales) and 15% (the restaurant sales) of total income, based on POS data.

On-site a 3.5-barrel Regional Brewery, Lake Arenal Brewery, pays $1,000 per month for the rental of 100m2 space and serves as the main attraction for the bar-restaurant and road advertising. LAB produces eight types of keg beer with off-premises sales in La Fortuna, Monteverde, Jaco, Nosara, and Central Valley among other destinations! These off-premises sales drive significant sales traffic to the bar-restaurant and hotel! It’s quite unusual for a hotel to be known for great and affordably priced food and craft beer here in Costa Rica.

The Hotel has 21 rooms all with private bathrooms. It also has solar hot water and solar photovoltaic panels keeping operational costs extremely low. The hotel has a combination of nice 4 bed and 2 bed rooms, some with fireplaces, seven of which can be equipped with a kitchenette. This kitchen option is perfectly positioned to meet the needs of long-term rentals that local companies and visiting retirees occasionally look for.


Additional infrastructure to be noted: a large swimming pool, a large Jacuzzi, a tennis court, and a large laundry area. There is excellent paved access from highway 142 and the hotel is just 1.5 hours from International airport LIR, and the three top destinations in the area: Monteverde, La Fortuna and Rio Celeste. The hotel has very developed gardens, green zones and spectacular lake volcano views in addition to two sources of high-speed internet, excellent AyA (govt.) administrated water, and extremely dependable ICE electrical service. We also have dairy, pork and fruit and vegetable production which are revenue generating and tourist attractions!

Since building and opening the hotel in 1992, I have pursued a "green" or sustainable approach, while fostering great local relationships with the community, individuals, and all other businesses and government agencies like the health department and local Municipality of Tiláran. The building is ocher color plastered rather than painted, which is much much cheaper to periodically re-do; the Solar PV almost negates the hotel and brewery bill, producing solar hot water for rooms and the Jacuzzi; and a bio-digester produces methane gas that cuts down on the LP gas cooking bill.

Area: two duly inscribed lots totaling 44,435m2 BCR at an appraisal of $10m2 and 3324m2 of construction at a BCR appraisal of $676m2 - see area map photo and red bordered lots.

Adjoining or neighboring businesses on separate land include: my Green Home Development with 22 lots, 4 with existing houses, a very large jungle area located below the hotel (ICE Gov property) with a plethora of wildlife and birds between us and the lake, and nearby is a large and famous skate park. I also highlight the lake access in front of the hotel as it is one of very few access points for cars and people, and where I, personally, want to spend some real investment capital with significant support from the local municipality!

 My motive for sale is to focus on semi-retirement, and on projects which will be personally beneficial, such as the construction of a few new green spec homes in my development and a return to kiteboarding and teaching skiing in Taos New Mex. Additionally, I want to help the community with the local municipality through the development of a small public marina/watersports center on the lake with a large catamaran. As one can imagine, these goals need significant liquid capital, but they will also greatly benefit the hotel as a destination…!

come see us

Property Information

Real Estate:

Real Property Included

Location:

8k from Tilaran, the cleanest town in Central America, all paved roads! Hotel overlooking Lake Arenal.

Premises Details:

Both Gov and on-site privet drinking water. Hotel has large land area (room to grow) and is next to a green home development. Hotel has one of the few public access to to lake is located 400m from the hotel.

Size in square feet:
4.5 hecters
Planning Consent:

all applicable permits up and functioning we have been open for business every hour the CR gov. permitted post lock-down of Covid19

Business Operation

Expansion Potential:

yes especially on the lake shore

Competition / Market:

Hotel Puerto San Luis located 8k away, or La fortuna hotels 1 hour around the lake

Reasons for selling:

28 years of doing this i want to go play on the lake out front of the hotel. Think the world's first underwater rope tow, a one-mile stretch of the lake filled with kayakers, stand-up paddle boarders, kiteboarders and foil surfers. think T-bar or poma lift (but under water), and I need at least 250,000 for this and 1.5 million to retire

Trading hours:

6:30 to 2:00am or 10:00 regular nights

Employees:
12 Bar rest is rented to a 3rd party, the hotel only 5
Years established:
28

Other Information

Support & training:

up to 4 months on site and phone consultation 12 months

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

up to 75%

Furniture / Fixtures value:
$80,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD)
Website:
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