$399,000.00
Asking Price
Address: Santa Barbara,
Status: Active
Posting ID: 280394
11/27/23
Description
Just reduced by $200k!
This is a downtown Santa Barbara Restaurant with beer and wine for sale in an ideal location. It is absentee-run and is a turnkey restaurant. A local can easily increase sales to past levels and more. It has new bathrooms and kitchen flooring and additional dining room upgrades have been completed! It was established in 2015 and has 6-12 employees. Inventory is included in the price.
It was ranked the Best Breakfast/Lunch in Santa Barbara by Yelp many times! It's also franchisable!
Its total monthly rent is $6,679+$1,751 NNN. Its square footage is 3,500 sq. ft + 1,500 sq. ft patio. It has street parking & is across a public parking lot (75 min. free). It has a health department certificate and a beer & wine license. The gross sales were $615,051.25 (2022), and $855,520 (2019). The absentee owner income was $175,822 (2019), $195,731 (2021), and $135,613 (2022).
To get more information about this Downtown Restaurant With Beer And Wine - Absentee business for sale in Santa Barbara please phone Sharon Hills (Agent - BRE License #:DRE# 00812736) at 805-899-2919 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280394 on BizBen.com. In addition to phoning Sharon Hills, make sure you email Sharon Hills above to get more info about this Downtown Restaurant With Beer And Wine - Absentee, to ask any questions or request an appointment to see this business for sale. Thank you. License # 00812736. Century 21 Everest.
Contact
Details
Asking Price: $399,000.00
Down: Call/Email
Cash Flow: $135,613.00
Revenue: $615,051.00
Area: Santa Barbara
City: Santa Barbara
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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Posting: 283881 | Available | 12/7/23
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Cash flow
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Revenue
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Down
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Down
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Revenue
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Down
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Down
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Down
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Down
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Cash flow
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Revenue
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Down
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$3,450,000
Bldg Size
Call / Email
Typical Floor Size
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Year Built
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Down
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