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Business For Sale in Costa Rica
Commerical Property W/business Owner Financing
Asking Price: $7,500,000 USD (Financing Available)
Beach Development Property with an active Shrimp aquaculture farm located in Costa Rica on 420 acres, (168 hectares) 650 feet from the beach, idea for hotel, marina, condo's are just expanding on the existing business, there is beach access 24/7. this property is currently Making 500K +/- a year. as is.
The farm has 23 ponds ranging from 2 hectares to almost 5 hectares (a hectare is 2.5 acres) with ongoing white shrimp production. the farm pretty much runs itself and just needs admin, this is basically a turn key operation.
The farm is currently being operated semi-intensively at this time with the exception of 4 ponds with aeration, seeding 15 per square meter generally with the 4 ponds seeded 30+/ -per meter. increasing aeration will increase yields and profits, The farm has a history of steady production and profit over its 18 years of operation. It has produced intensively in 4 ponds seeding 80 per meter with commensurate returns, with sales to Europe and the U.S. At this time however, all production is being sold to the national market and to a European buyer for export to that continent. demand for shrimp in Costa Rica continues exceeding production year over year.
Aeration upgrades will allow substantially higher density, if desired and will result in a 2x profit increase. No other shrimp farms exist on the estuary supplying water to the farm and thus water quality is superb year round.
A local bank appraiser valued this farm at 15 Million USD several years ago. Currently the price is $7.5 Million USD, ( valued by the banks in Costa Rica for $12 Million last year) it works out to slightly more than $5 m2. you can not find any property in Costa Rica on the beach making money for this prices anywhere in the world. All permits for operation are current. no liens, clear title, export permits are obtainable if desired, but all production is sold now within the country for cash. Domestic market demands continue to increase year over year with no enough production for demand.
The reason for sale is owner retirement. Financial information can be discussed with interested parties who see the property and demonstrate the ability to buy.
This is the best investment opportunity in all South and Central America, it is located one of the most stable countries in the world.
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