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San Luis Obispo County, California
Bar And Restaurant - Event Center
Asking Price
$1,150,000
Revenue
$4,151,000
Down
Call/Email
Cash Flow
$456,226
Description
RRC# 5032
Location: San Luis Obispo County
Description:
Nestled in the Heart of Southern California’s Wine Country between Paso Robles and Santa Barbara sits San Luis Obispo. A beautiful region, close to the ocean, wine country & the city of San Francisco. For sale is a well-established Bar & Restaurant with multiple open area Patios and a large Event center. Bar/Restaurant seats 140, Patios 100+ and the Events Center 180 seated, 300 for a concert. Consistent $4.5 million annual sales revenues, producing over $500,000 in profits. All long-term management and staff are in situ and the financials are clean, showing proven historical success and future longevity. The Seller is the Landlord, therefore the Lease Terms are to be negotiated.
The ABC License has to be reorganized but this is not insurmountable.
This is a highly confidential sale and all potential Buyers will need to provide their background restaurant/business experience and financial status to the Broker prior to receiving the name, address & financials for this successful operation.
Many fabulous online reviews;
“Great spot to grab a drink and bite to eat, great for large groups and kids, with yard games and great outdoor space. The staff is friendly, and the food is solid.”
“Perfect place if you're looking for a casual lunch/dinner spot with lots of indoor/outdoor seating. Great for a date night or for larger groups with lawn games, fire pits, and live music!”
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail. No Broker Coop.
Financial Information:
Monthly Revenue: $345,917
Monthly Cash Flow: $38,020
Annual Revenue: $4,151,000
Annual Cash Flow: $456,226
General Info:
Ownership: LLC
Established: 1988
Employees: 64
Reason For Sale: Other Interests
Monthly Rent: New Lease Negotiable
Facilities:
Square Feet: Contact for Info
Seating: 140 + 100 + 180
Parking: Ample
Licenses: ABC License, Health and Business Permit
Days/Hours of Operation: 12.00pm - 9.00pm Daily. Closed Mondays
Posting Information
Posting ID:
292914
Business Category:
Restaurants for Sale & Food
Business Types:
Full Service, Dine In Restaurant
Keywords:
San Luis Obispo County, california, bar, full service, event
Attributes:
Broker Cooperation
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Bar And Restaurant - Event Center
Posting ID
#292914
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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