Commercial property for sale in Tempate, Santa Cruz

Key facts

Features & amenities

About this property

This listing presents a unique chance to purchase a fully operational Mexican restaurant along with the commercial real estate it occupies, all in one transaction. Reparito House Mexican Food is a well-known and profitable establishment situated in Potrero, Guanacaste. It boasts strong cash flow, established branding, and excellent visibility in one of the region's rapidly developing coastal areas. The property is strategically located as a corner unit within a commercial center, benefiting from significant daily exposure. It is just a short walk to Playa Penca, with all vehicle and pedestrian traffic heading to the beach passing directly in front of the restaurant. Additionally, traffic heading to Las Catalinas and nearby developments flows by the property, ensuring consistent visibility from both locals and visitors. The restaurant is celebrated for its authentic Mexican cuisine, crafted by owners from Mexico City. The brand is professionally managed and has garnered over 200 five-star reviews on Google, indicating a loyal customer base and a strong local reputation. From an investment perspective, the business operates at approximately 40% net profit, with an estimated 12% cap rate and documented growth year over year. The operation includes a stable, trained team, which allows for minimal daily involvement from the owner and ensures a smooth transition for new ownership. An active liquor license is part of the sale. The offering comprises a titled commercial condominium made up of two combined units, an expansive terrace and outdoor dining area, and a fully equipped and operational restaurant layout. The established business comes with operational systems in place, as well as owner onboarding and transition support. This opportunity allows for the acquisition of both the income-generating business and the underlying real estate, providing long-term operational control and lower overhead compared to leased restaurant spaces. Located in Potrero, just steps from Playa Penca, this property represents a turnkey commercial investment in a growing coastal market in Guanacaste.

Description rewritten by costaricarealtor.com from the public listing. See the original source for full details and photos.

Property details

Location

Tempate, Santa Cruz, Guanacaste · approximate location