Posting Details

Cafe Restaurant For Sale - Goleta, Isla Vista Area

Just reduced to $189,000!

Great opportunity to own a Cafe in the heart of Isla Vista!
Highly desired location adjacent to UCSB on Embarcadero.

Heavy Bike & Foot Traffic Day & Night! Heavy skateboard traffic too.

Beer License!

No more ABC or Hookah licenses are available for Isla Vista.

Tobacco License!

1 of only 2 Tobacco licenses in Santa Barbara. No more licenses being approved.

Full service restaurant that offers catering & delivery service.

On Facebook & Instagram.

Also on GrubHub, DoorDash, and UberEats! Deliver to nearby dorms, apartments, and Greek parties.

Expand by adding a website with online ordering for an immediate increase in sales!

Gross Sales: Discuss with owner
Owner Income: Discuss with owner

Total Rent: $ 7,851 NNN

County Patio Fee: $2,500 paid to the county of SB annually for patio.

Square Footage: 2,250

Lease Ends: 1/31/2024 with 1 five year option left

Parking: 18 spaces in shared lot & street parking

Inventory: $4,000 included

Furniture, Fixtures & Equipment: $300,000 buildout in 2014, Special Hookah Tables $5,000, New $25,000 Hood & Exhaust Systems in 2014, New Large Grease Trap in 2014, New Electric & Plumbing, Walk-in, & Handicap Bathrooms.

-In Isla Vista, a 1 square mile student residential area adjacent to UC Santa Barbara's 23,500 student population.
-Located 14 miles West of Santa Barbara on the Pacific Ocean.
-Bike paths connect to UCSB.
-Population: approximately 23,100
-Current UCSB enrollment 23,500 & expected to increase by 5,000 students by 2025.
-74% of all undergrads live in Isla Vista & nearby neighborhoods.
-In the heart of UCSB's retail corridor.
-Heavy foot traffic Day & Night.
-4.5/5 Star Rating on Yelp!
The listing # 240854 Cafe Restaurant - Goleta, Isla Vista Area below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Cafe Restaurant in Goleta, Isla Vista Area please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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