Businesses for Sale in Morro Bay, CA
morro bay, california
Business type, title, keywords or posting ID
1 result for businesses in "Morro Bay California"
morro bay, california
Business type, title, keywords or posting ID
1 result for businesses in "Morro Bay California"
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Morro Bay, California
Prime Waterfront Restaurant Opportunity in Morro Bay
$ 299,000
Prime Waterfront Restaurant Opportunity in Morro Bay RRC# 5068 Location: Morro Bay Description: This is a rare opportunity to bring your restaurant concept to one of California’s most iconic coastal towns. Located on the main thoroughfare in Morro Bay, this established restaurant space offers unmatched visibility and consistent foot traffic in the heart of the city's vibrant waterfront district. Whether you're looking to launch a new brand or expand an existing one, this second-generation restaurant is fully equipped and ready for a seamless transition. Surrounded by boutique shops, local attractions, harbor tours, and scenic walking paths, the area draws a steady mix of locals, weekenders, and tourists year-round. The restaurant enjoys unobstructed views of the bay and is perfectly situated to benefit from the high volume of visitors seeking a relaxed, oceanfront dining experience. The neighborhood’s ongoing popularity with travelers, retirees, and outdoor enthusiasts makes this a uniquely dynamic and reliable market for any hospitality concept. The current operator sublets a portion of the space to another tenant for $3,500 per month, offsetting the overall rent. Seller financing is available for qualified buyers, adding flexibility to the deal. Financial Information: Monthly Revenue: $93,488 Monthly Cash Flow: Contact For Info Annual Revenue: $1,121,865 Annual Cash Flow: Contact For Info General Info: Ownership: Corporation Established: 2022 Employees: Contact For Info Reason For Sale: Other Interests Monthly Rent: $12,360 + $1,800 CAM (-$3,500 Sublet) Total Rent $10,660 Expiration: July 2027 Facilities: Square Feet: 4,000 (-500 SQFT Sublet) Seating: Inside Seating 85 Parking: Street Parking and Public Parking Lot Licenses: ABC Beer and Wine, Business and Health Permit Days/Hours of Operation: 11am - 9pm Thursday - Monday
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California Market Snapshot
- Number of Businesses: 1 active listings
- Average Asking Price: $299,000 (based on 1 listings with disclosed pricing)
- Average Revenue: $1,121,865
- Average Cash Flow: $0
California Business Market Insight
California's business landscape varies dramatically by region and category. The San Francisco Bay Area and Silicon Valley remain the country's leading hub for technology and professional services, while Los Angeles County's entertainment, retail, and hospitality sectors make it one of the most active markets in the state for restaurant and retail acquisitions. Orange County and San Diego County combine affluent residential demand with strong tourism and biotech industries, driving steady activity in healthcare, franchise, and hospitality categories. The Central Valley — including Fresno, Bakersfield, and Sacramento — remains the state's agricultural backbone, supporting a consistent market for food production, distribution, and agriculture-adjacent businesses. The Inland Empire's logistics and distribution corridor, anchored by its proximity to the ports of Los Angeles and Long Beach, has become an active market for warehouse, transportation, and industrial service businesses. Smaller metro areas and coastal counties continue to support strong demand for laundromats, gas stations, liquor stores, and other everyday-service businesses that anchor local communities throughout the state.
Why Invest in a California Business
- Largest state economy in the U.S. and among the five largest economies in the world, creating deep and diverse consumer demand
- More small businesses than any other state — over 4.2 million — giving buyers the widest selection of categories and price points anywhere in the country
- California leads the nation in business startups and captured more than half of all U.S. venture capital in 2024, reflecting sustained entrepreneurial momentum
- Regional diversity — from Bay Area tech to Central Valley agriculture to Southern California tourism — spreads opportunity across nearly every industry
- Strong SBA lending environment and an active statewide network of business brokers experienced in California transactions
California remains the most active and diverse business acquisition market in the country, offering buyers opportunities across every category and region of the state.
Selling Your California Business?
Thinking about selling your business? BizBen connects sellers with qualified buyers and experienced business brokers across every region and category in California.