Tamarindo's Popular Bar & Restaurant Lizard Lounge

Tamarindo, Guanacaste
$600,000 Property ID: 16338

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Location: Tamarindo, Costa Rica
This sale includes the land as well as the business. Lizard Lounge was established in Tamarindo Plaza in 2017 after a 17 year run from Playa del Coco. The new owner from the US purchased the property and business in December of 2020. A complete remodel was conducted, and the new Lizard Lounge now promotes the best in class service standards, and one of the only air-conditioned environments to enjoy food, drinks, and sports viewing! Many locals love to come eat, drink, and hang out on the comfy couches! The owner focused on top quality personnel with sense of urgency and attention to detail for a repeat, well established return customer clientele. This popular lounge has various theme nights, sports viewing, and musical talent which are brought in to deliver steady inflow for the expats, locals, and tourist clients. Plaza Tamarindo is in an ideal location in town right at a busy 3-way intersection! 24-hour security service and dedicated owner parking on site makes for a worry-free business operation.

Current seasoned staff willing to transfer with new ownership. Social media will be transferred which includes Website, Facebook, Instagram, Trip Advisor, Google Business, and other various local publications. Opportunities for expansion “outside the walls” could be implemented to deliver prepared meals to the many various property management businesses in and around Tamarindo. The success is based on word of mouth and consistency with absolute minimal marketing and advertising! New owners will have ample opportunities to grow and expand the business without any capital investments.

Casino License can be included for an extra cost of 20k.
Sold as a turn-key business registered under a Limited Liability Corporation with all permits and licenses necessary for uninterrupted operational hand off.
53 seat capacity
Establishment comes with Liquor, Restaurant, Salon, and Karaoke permits in place
12 TV’s with capability for multiple channel viewing with either local cable, streaming services, satellite.
4 speaker / 1 subwoofer and mixer provide high quality sound for any purpose or event
Affiliated w Gauna Eats and Tico-to-Go delivery services
8’ x 4’ Outdoor LED sign for customized display
2 Satellite Dishes for use with satellite TV subscription
12 camera security system
All new kitchen and bar refrigeration / cooking equipment
Recipes, supplier relationships/contracts and social media presence.
Men's & Women’s bathrooms onsite
2 free beer coolers provided by Cerveceria
Separate owned wireless routers for customer use / TV – Media
All artwork / tables & chairs (brand new barstools) included
Bar set up for 2 serving stations for expedited service
Owner willing to help get off the ground for 1 month
Owned POS system for historical viewing. No rental needed to keep up with sales.
Only rented equipment is ice machine.
POA monthly fee of $562. All large special purpose adjustments paid for.
Owner's car can be negotiated on separate sale (2018 Toyota Prado(65000 km)).

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MLSID
16338
Price
$600,000
Status
Active/Published
Property Type
Business
Baths
2
LOT Area (SQ M)
101
Floor Area (SQ M)
101
Year Built
2006
Acres
0.02
Additional Features
Parking Spaces : 1

Real Estate Agent

Courtney Fowler

Coldwell Banker Tamarindo Realty

01150672663946

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