Restaurants & Foods for Sale in San Luis Obispo County, CA
San Luis Obispo County, California
Restaurants & Food
5 results for "Restaurants & Food" businesses in "San Luis Obispo County, California"
San Luis Obispo County, California
Restaurants & Food
5 results for "Restaurants & Food" businesses in "San Luis Obispo County, 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 County, California
High Profit Sushi Restaurant
$ 1,650,000
This listing presents an opportunity to acquire a high-volume sushi restaurant located in San Luis Obispo County. Reporting an impressive average monthly revenue of around $275,000, this establishment is not only profitable but has also become a well-known entity in the community. The current owner operates the business on a semi-absentee basis, demonstrating the potential for a seamless transition. This restaurant's reputation and financial performance make it a compelling investment for those seeking a thriving business in the food service industry. 'All information was deemed to be from reliable sources or the seller but is not guaranteed.'
San Luis Obispo, California
Sushi Restaurant -High Potential
$ 135,000
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.'
San Luis Obispo County, California
Terrific Cash Flow Sonic Franchise - Low Multiple
$ 499,000
CF : $ 186,941
Newly constructed and thoughtfully designed, this SONIC Drive-In location offers outstanding visibility along a heavily traveled highway in a prime, high-demand trade area. The property features strong curb appeal and excellent access, positioning it to capture consistent drive-by traffic and repeat local business. Sonic Drive-In is an iconic quick-service brand with more than 70 years of operating history and innovation. What began as a humble walk-up root beer stand has grown into a nationally recognized concept with over 3,400 locations across the United States. The brand’s distinctive carhop service—often on roller skates—creates a memorable guest experience that sets it apart in the QSR segment. SONIC’s expansive menu spans five dayparts, driving traffic from morning through late night. With highly customizable offerings and over one million drink combinations, the concept is built to attract repeat visits and maximize per-guest spend.
San Luis Obispo County, California
Prime Waterfront Restaurant Opportunity in Morro Bay
$ 495,000
Prime Waterfront Restaurant Opportunity in Morro Bay RRC#: 5181 Asking Price: $199,000 Location: San Luis Obispo County Annual Revenue: $1,121,865.00 Annual Cash Flow: Contact for Info Monthly Rent: $10,660 Listing 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.
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Buy or Sell a Restaurant in California
Market Snapshot
- Number of Businesses - 5 listings
- Average Asking Price - $745,800
- Average Revenue - $1,581,441
- Average Cash Flow - $186,941
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.