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Santa Cruz, Santa Cruz County, California
Turnkey Restaurant Opportunity at a Prime Cornerstone Downtown Location
Asking Price
$249,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Description
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.
Business Details
Reason for sale:
Due to health reasons.
Posting Information
Posting ID:
9417877
Business Category:
Restaurants & Food
Business Types:
Bar, Pub, Sports Bar, Lounge, Tavern
Attributes:
Broker Cooperation
License (Liquor, etc.)
Owner/Seller Financing
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
Turnkey Restaurant Opportunity at a Prime Cornerstone Downtown Location
Posting ID
#9417877
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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