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Restaurant For Sale - Montecito, California

Ad/Listing Information
 
Status: Off The Market
Location: Santa Barbara
County: Santa Barbara
City: Montecito
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $449,000
Down:      Call/Email
Revenue:      Call/Email
Adj. Net:      Call/Email
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Call
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This Santa Barbara Restaurant Business For Sale:

Prime location in a high end district in Santa Barbara County. 1700 square feet inside plus 444 square feet deck and 474 square feet rear patio. Free standing building. With parking. Inside seats 80 plus, with additional 50 plus on deck and patio. Full kitchen and cozy fireplace. Full (Type 47) liquor license.

Owner earned over 130,000 in 2009 in spite of the economic downturn. Low % rent - only 7.5% of food and 10% of bar gross, it is 5000/month or 2.94 per square feet plus NNN expense plus 1600 annual taxes. Lease term is 2 years with one 5 year option.


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More Santa Barbara County Information For Buying & Selling Santa Barbara County Businesses


Santa Barbara County Resources - Services Needed When Buying/Selling A Business
Santa Barbara County Business Brokers - Brokers & Agents That Service Santa Barbara County
Santa Barbara County New Franchise Opportunities - New Start-Up Franchises Available
Santa Barbara County Franchise Resales - Established Franchise Resales For Sale
Santa Barbara County New Business Opportunities - Opportunities, Licensing Ventures

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