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Santa Cruz, California
Bar, Pub, Sports Bar, Lounge, Tavern
1 result for "Bar, Pub, Sports Bar, Lounge, Tavern" businesses in "Santa Cruz, California"
Santa Cruz, California
Bar, Pub, Sports Bar, Lounge, Tavern
1 result for "Bar, Pub, Sports Bar, Lounge, Tavern" businesses in "Santa Cruz, California"
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Santa Cruz, California
Turnkey Restaurant Opportunity at a Prime Cornerstone Downtown Location
$ 249,000
A premier turn-key acquisition opportunity in the vibrant heart of downtown Santa Cruz. This unique sports bar is in a rapidly developing coastal corridor, the establishment benefits from high foot traffic, an established live music permit, and a desirable outdoor seating area. This recently remodeled facility includes all essential components for immediate operational success, including an ABC license. This is a rare chance to step into a fully equipped, professionally designed food service space with new equipment and a recent remodel. With a distinguished 32-year history as a cornerstone of the local hospitality scene, the location boasts a loyal customer base of neighborhood regulars. This continuity ensures a stable revenue stream for the incoming owner from the outset. The outdoor patio area, currently underutilized, offers substantial potential to increase seating capacity and enhance the dining experience. The immediate surrounding area is undergoing significant densification, with several residential high-rises and a new hotel development situated within a 5-minute walking radius. This growth places thousands of potential patrons within immediate proximity. This is the owner’s 7th startup. They usually run a business for 4-5 years. They have created a great template for someone to start with and build on. This creates a rare opportunity for an investor to acquire a renovated asset. With a favorable lease in place and a strategic location in one of the region’s most desirable coastal markets, this establishment is poised for continued growth and robust financial performance. Unfortunately, the owner must step away due to health concerns. This is a turnkey operation with staff in place, and the seller is willing to provide training to ensure a smooth transition. Facility specifications and amenities can be provided upon request. Growth Opportunities: A new owner could significantly grow the business by: + Expanding operating hours (currently open 58hrs per week) + Enhancing use of the outdoor patio + Introducing private events and renting out the upstairs lounge area + Introducing karaoke, quiz night, and comedy night Contact Carmel Business Sales today for more information.
Recommended Brokers
Type 48 on-sale general licenses in moratorium neighborhoods can be worth $200,000-$600,000+ independently of the underlying business. West Hollywood's Santa Monica Boulevard, Hollywood's Highland and Cahuenga corridors, San Francisco's SoMa and Mission Districts, and San Diego's Gaslamp Quarter are the most active bar and nightlife acquisition markets. California's 2:00 AM last call law is a key operational constraint — buyers should verify entertainment permits and conditional use permits (CUPs) before completing any acquisition. Sports bars with NFL Sunday Ticket and consistent game-day revenue are among the most sought-after categories on BizBen.
California remains the most active state for bar and nightlife business acquisitions in the country.
Thinking about selling your bar? BizBen connects sellers with qualified buyers and experienced brokers who understand California ABC licensing, CUP transfers, entertainment permits, and on-sale liquor license transactions.