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For Sale: Restaurant And Bar - Beachfront Location - Santa Barbara, California

$2,900,000.00

Asking Price

  • Address: Santa Barbara,

Santa Barbara Restaurant And Bar - Beachfront Location Business For Sale

Description

Once-in-a-Lifetime Opportunity to Own a High-Volume, Landmark Beachfront Restaurant with Full Liquor License and Ocean View Dining.

This highly successful, turnkey restaurant has been a staple of the Santa Barbara beachfront for over 50 years. Offering breathtaking ocean views, it features a full liquor license, a covered outdoor patio, and year-round oceanfront dining. Guests enjoy breakfast, lunch, dinner, and cocktails, with an additional takeout snack bar for convenience.

A seamless and well-managed operation, the restaurant is fully staffed, including five managers, allowing the owner to work just 20 hours per week. Its prime, high-visibility location attracts both locals and tourists year-round, generating over $3.8 million in annual sales and over $725,000 net income.

The diverse menu includes burgers, sandwiches, salads, seafood, chicken, tacos, breakfast items, and more. The restaurant accommodates up to 180 guests across patio and beachfront seating areas. The spacious patio features 28 tables (with room for more), radiant heating for year-round comfort, and seasonal tarps for weather protection. Inside, a bar area offers counter seating.

The well-equipped, high-volume kitchen includes:
1/2" Walk-in cooler & freezer
1/2" Hooded cook line with griddle, grill, double fryer & 6-burner stovetop
1/2" Three prep stations & refrigerated chef’s drawers
1/2" Aloha POS system with 4 tablets
1/2" Liquor storage, dishwashing area & bar with walk-up window
1/2" Separate walk-up takeout window for food, beverages & ice cream
1/2" Dedicated delivery area with a large storage shed

Recent upgrades include fresh paint, landscaping, plumbing, sewer lines, and floor drains. Additional amenities include a full security system, outdoor radiant heaters, a water filtration system, and a premium sound system. The sale includes all necessary equipment—blenders, coffee makers, ice machines, tables, chairs, bar stools, dinnerware, and more.

This is a rare opportunity to own a highly profitable beachfront restaurant in a prime Santa Barbara location.

SBA pre-approved for financing for a well-qualified restaurant operator with 10-20% cash down. Only experienced restaurant operators need inquire.

Listed for $2,900,000

To get more information about this Restaurant And Bar - Beachfront Location business for sale in Santa Barbara please phone Teri Craft (Agent - BRE License #:01345155) at 626-864-4446 Cell and 626-864-4446 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #290327 on BizBen.com. In addition to phoning Teri Craft, make sure you email Teri Craft above to get more info about this Restaurant And Bar - Beachfront Location, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01345105. Berkshire Hathaway Commercial.

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Contact

  1. Name: Teri Craft
  2. phone iconPhone: 626-864-4446 Cell
  3. phone iconPhone: 626-864-4446 Text

Details

  1. Asking Price: $2,900,000.00

  2. Down: 10-20%

  3. Cash Flow: $749,965.00

  4. Revenue:    $3,812,076.00

  1. Area: Santa Barbara

  2. City: Santa Barbara

  1. Attributes:

    Broker CooperationSemi-Absentee RunTraining & SupportSBA Loan Pre-QualifiedLicense (Liquor, etc.)

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Related Links & Information Regarding This Posting

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