Asking Price Reduced By $550,000
Hotel Resort Casino With Premier Location For Tourism In The Heart Of Manuel Antonio
Situated in the very heart of the number one tourist destination in all of Costa Rica, this is one of the founding hotels in the Manuel Antonio area and offers a variety of comfortable accommodations, amenities and entertainment options. The business enjoys a steady cash flow and is selling turnkey ready with an established client base of repeat customers. It is not often that a fully operational business such as this becomes available and if you are looking to run a hospitality business catering to the adventure / ecotourism crowd, it doesn’t get much better than this.
Blessed with 150 feet of public road frontage, the business benefits greatly from fantastic visibility – you can not drive to the National Park, the public beach or many of the popular restaurants in the area without seeing this hotel and it’s signage. With over one million tourists per year visiting Manuel Antonio National Park, the resort is very well known and is not only a popular lodging option but also is a nightlife destination as well.
Ocean View Property Bordering A Protected Rainforest Reserve
Even with such a great commercial location, the 1.66 acre property enjoys a serene setting that borders a wildlife reserve and is surrounded on three sides by lush, tropical rainforest teeming with an array of exotic wildlife – three types of monkeys, sloths, colorful birds and much more. Hotel visitors can experience Costa Rica’s exotic wildlife without ever having to leave the property. The property is also situated at the “top of the hill” which allows many of the guest quarters to feature ocean views. This is what brings in tourists from all over the world on a steady basis.
Established Hospitality Business With 17 Rooms, 2 Restaurants, A Sports Bar And A Renewable Casino Gaming License
The hotel includes 17 rooms with different price points. Guests can choose from 7 private free-standing bungalows or 10 deluxe and premium hotel rooms. Two restaurants are in operation that serves a variety of international and local dishes. The Sports Bar & Grill and the Pizzeria are the ONLY operations in all of Manuel Antonio serving food and drink until midnight – this creates great word of mouth in the community and provides another solid revenue stream in Food and Beverage. The Bistro has a relaxed poolside setting that serves Breakfast, Lunch, Dinner and homemade brick-oven pizzas.
Solid Revenue Streams With Room For Expansion
The hotel has a solid income history, an impeccable maintenance record and a well trained administrative team. and sophisticated online booking programs, accounting, inventory and reporting. There is ample room on the property to expand with additional rooms using vertical construction to add more ocean view lodging.
The business also includes the area’s ONLY Casino license. The hotle operators are currently not utilizing the license but it can be reactivated which will create another solid revenue stream for the next owner to cash in on the lucrative gaming industry. This is an ideal opportunity for a hotel operator or investor to attain a solid cash flowing business with room to expand and increase returns.