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Monterey County, California
Long Established Bar, Restaurant & Bakeshop – 6,500 sq ft - $4 million Annual Revenue – Monterey County
Asking Price
$900,000
Revenue
$4,291,000
Down
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Cash Flow
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Description
RRC# 5196
Offered At $900,000
Location: Monterey County
Annual Revenue:$4,291,000
Annual Cash Flow: Contact for Info
Monthly Rent:$22,693
Listing Description:
This successful Restaurant, Bar & Bakeshop with Wood-fired pizza and much more is located near the coast of #Monterey County. A thriving business for the past 25 years and an SBA loan may be possible, or the Seller may consider carrying a note for up to 70% of the full asking price to well qualified Buyers with excellent credit.
Sales revenues have been above $4 million for the past 10 years and even peaked at $4.7 million in 2022. 2025 is annualized to be above $4 million again. Past profit has been 10-15% but recently this has slipped in part due to increased costs which a savvy owner could so easily address. Current 100% absentee ownership which would really benefit from a more local, involved owner with many years of restaurant management or ownership experience.
This Manager operated, turnkey 6,500 sq ft restaurant is ripe to increase its sales volume with a strong marketing push and social media exposure under new ownership. Included with the sale is an ABC Type 47 hard liquor license which alone has a value of $200,000.
The main Dining Room is built for a strong dine-in flow with a mix of 90 tables, booths, and counter-height seating plus a nice outdoor patio with further seating for 28 seats . The separate Bar & Lounge has a true bar program setup with a large bar top & 14 bar stools, strong guest draw and sports/event capability, plus a dedicated lounge/bar environment that supports both dining and a nightlife energy, including an exciting cocktail menu. There are 19 beers on tap, 9 large televisions, 1 projector TV and an integrated stereo/TV system.
The main Kitchen is designed for volume and speed with its long, Type 1 hood with fire suppression system, Cookline equipment including Accusteam griddles, Jade 6-burner, salamander, steam table, multiple refrigeration units & undercounter refrigerated drawers, fully equipped walk-in cooler & walk-in freezer, prep/baking capability (mixers, sheeter, specialty bakery equipment). The extras & smallware’s includes a Woodfired pizza oven, 19-tap draft system, Blodgett oven, Pitco fryers, Accusteam griddles, Jade 6-burner plus 8-burner stove, Robo Coupe, Vitamix, Hobart slicer, mixers are Kitchen Aid & a small Hobart plus a croissant/bread sheeter.
An exceptional opportunity for serious Buyers looking for a turnkey, modern built out bar & restaurant with a real commercial kitchen providing quality food for the dining room, patio, bar & bakery with infrastructure already in place with the bonus of being located in one of California’s most beautiful areas.
This is a highly confidential listing and only potential buyers willing to provide their restaurant experience bio and personal financial information in the first instance will be given access to the name & address and further details.
To receive the full financial package—including tax returns, profit & loss statements, equipment list, and POS reports—please complete the Non-Disclosure Agreement (NDA) on our website. Financials will only be provided to serious buyers with a signed NDA, verified proof of funds, and good credit.
This is a confidential sale—please do not disturb staff or visit the premises without an appointment.
Business Details
Reason for sale:
Other Interests
Property Information
Size in Square Feet:
6,500 sqft
Lease & Tenant Information
Lease Options:
$22,693
Posting Information
Posting ID:
7438600
Business Category:
Restaurants & Food
Business Types:
Bakery
American Restaurant
Full Service, Dine-In Restaurant
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
Long Established Bar, Restaurant & Bakeshop – 6,500 sq ft - $4 million Annual Revenue – Monterey County
Posting ID
#7438600
Full Name (Required)
Email (Required)
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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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