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Monterey, Monterey County, California
Kona Steak and Seafood- Premier Monterey Peninsula Restaurant-ABC Type 47
Asking Price
$1,495,000
Revenue
$5,000,000
Down
Call/Email
Cash Flow
Call/Email
Description
This is a proven profitable operation with strong consistent performance and year-round demand driven by both locals and tourism. Situated in the upscale Del Monte Shopping Center, the business benefits from exceptional visibility, steady foot traffic, and close proximity to main roads, major hotels, beaches, and visitor destinations.
Key Highlights:
+ Prime High-Traffic Location – most visible location in the region’s best retail hub
+ Established Brand – loyal clientele and excellent reputation
+ Upscale, Proven Concept – premium steaks, fresh seafood, curated wine program
+ ABC Type 47 Full Liquor License – significant value in California
+ Turn-Key Operation – trained staff, systems, and infrastructure in place
+ High-Quality Built-Out – well-maintained and thoughtfully designed space
+ Well-Equipped Kitchen – able to handle volume production
+ Ideal Demographic Fit – great night out for middle to upper income clientele, with high ticket meals that are still accessible to a large range of customers
Why Buyers Are Interested
+ Immediate cash flow with consistent operating history
+ Positioned in a high-income, world-famous market
+ In the area’s absolutely best location for a restaurant of this type
+ Strong food + bar program with upside potential
+ Ideal for an experienced operator or group looking to step into a scale, established concept
+ Opportunity to optimize and grow an already successful operation
Transition Support
Owner is committed to a smooth transition and will provide training and operational assistance to support continued success.
The Monterey Peninsula includes, Monterey, Pebble Beach, Carmel, and other fine communities. This is a great place to live, a great place to visit, and truly outstanding place to operate a hospitality business. Opportunities like these rarely become available.
The owners have made public their desire to retire sometime in 2027 and their plan to find the right new operator to continue their legacy.
Additional details can be provided under NDA after viewing your business and financial qualifications. Buyers must have a track record of success managing restaurants of this scale and have the necessary resources to finance the acquisition.
Serious inquiries only. Please do not approach restaurant staff on this subject.
Contact Carmel Business Sales today for more information.
Posting Information
Posting ID:
1748866
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Steakhouse Restaurant
Attributes:
Broker Cooperation
License (Liquor, etc.)
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
Kona Steak and Seafood- Premier Monterey Peninsula Restaurant-ABC Type 47
Posting ID
#1748866
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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Call/Email
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