Restaurants & Food Businesses for Sale in San Luis Obispo, California
San Luis Obispo, California
Restaurants & Food
2 results for "Restaurants & Food" businesses in "San Luis Obispo, California"
San Luis Obispo, California
Restaurants & Food
2 results for "Restaurants & Food" businesses in "San Luis Obispo, California"
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San Luis Obispo, California
Milestone Tavern
$ 950,000
Take the reins of Milestone Tavern, a well-appointed, full-service, dine-in restaurant and pub situated in the heart of San Luis Obispo, California. This established business, which has been successfully operating since 2017, presents an excellent opportunity for an owner-operator to capitalize on its strong reputation and take it to the next level. 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.
San Luis Obispo, California
Sushi Restaurant -High Potential
$ 139,000
Well-established, famous and busy Japanese Sushi Restaurant in the stable community of San Luis Obispo. Its current monthly sale is about $50,000 with short business hours, and its size is about 4,000 sqft with the rent of $8,500 including NNN. Beer and Wine license. High Profit. Currently totally absentee owner. It's great chance for the owner-operator. 'All information was deemed to be from reliable sources or the seller but is not guaranteed.'
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Buy or Sell a Restaurant in California
Market Snapshot
- Number of Businesses - 2 listings
- Average Asking Price - $544,500
- Average Revenue - $0
- Average Cash Flow - $0
Top Metro Areas for Restaurant Ownership
- Los Angeles & Orange County: High population density, strong year-round tourism and dining demand
- San Francisco Bay Area: High household incomes and premium dining preferences
- Sacramento & Central Valley: More affordable rents, growing suburban populations, and rising food-service consumption
- San Diego: Tourist and student markets sustain steady traffic and diversified dining formats
Why Invest in a Restaurant?
- Strong demand, especially in high-traffic markets and tourist destinations
- Opportunities for owner-operators to scale or convert absentee models
- Multiple paths to revenue: full-service, quick-service, franchise, delivery/take-out
- California's large and diverse consumer base offers resilience across economic cycles
Whether you're a first-time buyer or an investor adding another location, restaurants in California deliver consistent potential for growth and return when properly maintained, marketed, and located.
Selling Your California Restaurant?
Thinking about selling your restaurant? BizBen connects sellers with qualified buyers and experienced restaurant brokers statewide who understand valuations, leases, and operational complexities.
FAQs
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Whether buying, investing, or selling, California's restaurant market remains active, competitive, and driven by a large consumer base. Explore the current opportunities on BizBen.com to find your next restaurant business investment.