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Zona 2 For Sale?????
https://forum.costaricaticas.com/viewtopic.php?f=1&t=47402		 Page 1 of 3
Author:  Kojo96 [ Tue May 19, 2015 8:48 pm ]
Post subject:  Zona 2 For Sale?????
Looks kind of interesting.

http://zona-2.com/buy-dream/
Author:  LAdiablo [ Tue May 19, 2015 11:56 pm ]
Post subject:  Re: Zona 2 For Sale?????
not for the faint of heart
or weak of pimp hand
Author:  drf007 [ Wed May 20, 2015 11:57 am ]
Post subject:  Re: Zona 2 For Sale?????
Seems fairly priced at $375,000.
Author:  Ilv4play [ Wed May 20, 2015 12:23 pm ]
Post subject:  Re: Zona 2 For Sale?????
drf007 wrote:
Seems fairly priced at $375,000.


Really, you do not own the building. Is the brand really worth that much. Even at Costa Rica prices you maybe have 50-70,000 worth of used furniture and other items.
Author:  bandon843 [ Wed May 20, 2015 12:37 pm ]
Post subject:  Re: Zona 2 For Sale?????
Impossible to know the value of the business without a careful and complete review of the accounting/financials and a clear understanding of the business model. You are buying an operating business that may or may not generate the income and cash flow to justify a certain level of investment.

The owner wants $375K...the prospective buyer will have to determine if that is a good price. Good luck to both parties! I have a feeling that a lot of emotion and dreaming goes into the equation....in this line of business...JMHO :D
Author:  Ilv4play [ Wed May 20, 2015 1:05 pm ]
Post subject:  Re: Zona 2 For Sale?????
I hope Jimmy can get the price he wants for it and the new owners are happy with a fun business in CR
Author:  Lucky13 [ Wed May 20, 2015 1:11 pm ]
Post subject:  Re: Zona 2 For Sale?????
No I don't own the building but I have a 10 year lease with an option to extend.
The value is is in the licenses which you can't obtain on that corner as my next door neighbors are finding out.
The business is doing very well net is about 10k a month and I have about 60k in the remodel and another 50k in inventory.

The price is fair if someone buys it great if not I'm still making $$ so I don't care either way it's still fun to own :D
Jim
Author:  Ilv4play [ Wed May 20, 2015 1:29 pm ]
Post subject:  Re: Zona 2 For Sale?????
So the licenses are grandfathered to the business and the new owners would not have to have new ones issued. That would certainly make a difference in the value of the business especially if CR went ahead and tightened the belt on new licenses being issued like they were talking about doing. Just another quirk of doing business in CR vs the US.
Author:  Lucky13 [ Wed May 20, 2015 1:33 pm ]
Post subject:  Re: Zona 2 For Sale?????
Yes, I have the grandfathered licenses that are transferable to the new owners
Jim
Author:  bandon843 [ Wed May 20, 2015 1:42 pm ]
Post subject:  Re: Zona 2 For Sale?????
When you quote net $10k a month...is that revenue or income? Thanks!
Author:  Lucky13 [ Wed May 20, 2015 1:42 pm ]
Post subject:  Re: Zona 2 For Sale?????
Income in my pocket
Jim
Author:  bandon843 [ Wed May 20, 2015 1:45 pm ]
Post subject:  Re: Zona 2 For Sale?????
You are charging us too much then :D :D :D

See you guys next week! Good luck...couldn't have a better owner.
Author:  Rac [ Wed May 20, 2015 2:40 pm ]
Post subject:  Re: Zona 2 For Sale?????
Will the seller or the buyer get to keep la patrona :?: :?: :?: :shock: :lol: :D :evil: :lol:
Author:  drf007 [ Wed May 20, 2015 4:09 pm ]
Post subject:  Re: Zona 2 For Sale?????
Ilv4play wrote:
drf007 wrote:
Seems fairly priced at $375,000.


Really, you do not own the building. Is the brand really worth that much. Even at Costa Rica prices you maybe have 50-70,000 worth of used furniture and other items.


I stand by my statement and the owners replies only bolster my claim.
Author:  Indyguy [ Wed May 20, 2015 4:41 pm ]
Post subject:  Re: Zona 2 For Sale?????
Sounds like the CEIN discussion.

what a willing buyer will pay a willing seller has always been my motto.
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