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San Luis Obispo, San Luis Obispo County, California
Milestone Tavern
Asking Price
$950,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Description
The restaurant is housed in a spacious 5,650 square feet facility, strategically located in a highly visible area, attracting both locals and tourists alike. The business comes with a Class 47 Liquor License, allowing the new owner to continue serving a full bar menu to complement the restaurant's popular food offerings.
Milestone Tavern currently employs a team of 31 dedicated staff members, ensuring smooth operations and impeccable customer service. The existing owners, who have had a successful run in the restaurant industry for three decades, are now looking to semi-retire. They are committed to providing as much training and support as the new owner needs to ensure a seamless transition.
This is an excellent opportunity to acquire a thriving business with significant growth potential. The owners have laid a strong foundation, and with the right vision, the new owner can build upon this success.
The asking price for this profitable venture is $950,000. Detailed financials and lease terms will be released upon the execution of the attached non-disclosure agreement (NDA). This is a rare opportunity to own a profitable and established restaurant business in the vibrant city of San Luis Obispo.
Business Details
Year Established:
2017
Employees:
31
Reason for sale:
This partnership has owned and operated several successful restaurants and bars for 3 decades and is winding down toward semi-retirement.
Support & Training:
As much as you want and need.
Property Information
Size in Square Feet:
5,650 sqft
Lease Terms:
Released upon execution of the attached NDA
Premises Details:
A well-appointed and fully built out and operation full service bar abd restaurant
Lease & Tenant Information
Posting Information
Posting ID:
7504538
Business Category:
Restaurants & Food
Business Types:
Full Service, Dine-In Restaurant
Attributes:
License (Liquor, etc.)
Training And Support
Non-Disclosure Agreement
Interested in this business? Request to sign the NDA to receive exclusive information.
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
Milestone Tavern
Posting ID
#7504538
Full Name (Required)
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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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