Restuarant For Sale - San Luis Obispo Area

Handsome turn key service counter restaurant w/beer & wine-downtown slo-1122 chorro st

Rrc#: 2890
Asking price: $169,000
Location: 1122 chorro st, san luis obispo, california
Yearly revenue: contact for info
Yearly cash flow: contact for info
Monthly rent: $6,700

Listing description:
Bring your own concept to this very inviting restaurant featuring large windows, lots of nature light, wood floors, high open beam ceilings, brick wall, attractive decor and abc beer and wine license. Asking $169,000 in key money. Former pluto''s restaurat. Located right downtown in the heart of san luis obispo, nearby restaurants, cal poly and shopping. Features a full cook and service counter line for serving, carved meats, entrees, fresh salads, pizza, fries and more. The restaurant was newly constructed in 2013 and has been very well maintained. Currently closed for business. Former sales were $750,000 a year. This is an assert sale. Name and menu are not for sale. Beer and wine is available. Some equipment inlcudes: full cook line, walk in refrigerator, true double door fridge & double door freezer, ice maker, electric steam table with 10 conduction plates, refrigerated food station, 36" grill, refrigerated chef drawers, 4 burner monahue stovetop, 2 convenction ovens, salad prep table, auto sham double food warmer, 6 ft. Pizza station w/ triple door refrigeration, le perlick beer tap with 4 taps, follet ice/water system. Dining area seats 59 and features wall bench seating, window counter seating, 17 tables, 35 chairs and 13 bar stools, 4 camera security system, robot coupe, tabletop mixer, shelves, lockers & grease trap. Leased dishwasher. Formerly pluto''s restaurant- name, menu and proprietary items not included

General information:
Organization: corporation | year established: 2013 | current owner: 2013 | seating: 59 | square footage: 2200 | parking: street and public lot |

Financial information:

Lease information:
Monthly rent: $6,700 | lease expiration: 2022 | yearly adjustment: 2-5% | lease option: 2- 5 year options | security deposit: yes |
The listing # 238331 Restuarant - San Luis Obispo Area below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Restuarant in San Luis Obispo Area please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

  Recent Listings By Related Business Types And Locations (See More Listings)
Downtown, San Luis Obispo Restaurant For Sale
Available: Restaurant - Downtown, San Luis Obispo
Posting #: 252170
Status: Active
Refreshed: 12/6/2019

Contact: Didier Cop
Phone: 805-712-1569
Phone: None Given

Price: $175,000
Adj Net: Call
Down: Call

Restaurant for Lease w/BuyOut- San Luis Obispo. Terrific Downtown Location with great foot traffic. +/- 2,200 sq. foot restaurant space is available with a lease at below market price $5,000/month adjusted gross!!!!. All the kitchen equipment is included in the BuyOut. Call for more details.
Available: Round Table Pizza Franchise - 2 Units - San Luis Obispo
Posting #: 254037
Status: Active
Refreshed: 11/22/2019

Contact: Carter Asefi
Phone: 925-391-2724
Phone: None Given

Price: $336,000
Adj Net: $113,855
Down: Call

Round Table Pizza is the fifth largest pizza chain in the US with over 500 restaurants in nine western states and abroad. Headquartered in Concord, CA, 80% of Round Table restaurants are franchised. Restaurant management experience, good credit and $500K net worth and $200K liquid required.
San Luis Obispo County Restaurant For Sale
Available: Restaurant - San Luis Obispo County
Posting #: 259060
Status: Active
Refreshed: 12/3/2019

Contact: Robert Rauchhaus
Phone: 805-879-9627
Phone: None Given

Price: $350,000
Adj Net: $221,000
Down: None Given

Profitable, upscale San Luis Obispo county restaurant has been serving the community for many years. Recently remodeled, this business has generated reliable cash flow and is well positioned for new ownership. The current owner has several ideas for increasing revenues. Loyal staff to remain.
Available: Korean Restaurant - San Luis Obispo County
Posting #: 253854
Status: Active
Refreshed: 11/16/2019

Contact: Hae-Soo Ferguson
Phone: 805-459-9392
Phone: None Given

Price: $140,000
Adj Net: Call
Down: Call

This is one and only Korean restaurant in the area. Established 9 years ago and has steady regular customers. Open only 5 days/week, No Alcohol license. Owners retiring after 9 years of successful operation, seller financing is available. 1250 sq. ft. rental rate is little over $3,000/month (NNN).
Pismo Beach Sushi Roll Restaurant For Sale
Available: Sushi Roll Restaurant - Pismo Beach
Posting #: 255751
Status: Active
Refreshed: 11/9/2019

Contact: Cheong Won
Phone: 310-259-5306
Phone: 213-999-7558

Price: $135,000
Adj Net: Call / Email
Down: Call / Email

Great Location near major freeway and Potential for Sushi Chef-Operator. Beer & Wine License. Casual Style Restaurant.
Available: Sushi Restaurant - San Luis Obispo County
Posting #: 255752
Status: Active
Refreshed: 11/11/2019

Contact: Cheong Won
Phone: 310-259-5306
Phone: 213-999-7558

Price: $295,000
Adj Net: Call / Email
Down: Call / Email

Quick Service Japanese, Casual Style Sushi Restaurant. Beer & Wine License. Great Location next to Freeway. Good Size of 1,500+ sq. ft.
San Luis Obispo Restaurant - Absentee Run For Sale
Available: Restaurant - Absentee Run - San Luis Obispo
Posting #: 245129
Status: Active
Refreshed: 12/4/2019

Contact: Rick Owens
Phone: 805-543-0506
Phone: None Given

Price: $20,000
Adj Net: Call
Down: Call

Opportunity knocks here! Established Franchise in a Premium location. Beautiful build-out, includes outdoor patio seating. Gross Sales currently are approx. $35K - $45K per month. In its less-than-two-year history it has not been profitable. Absentee Owner says 'Sell now'. $20,000 OBO.
Available: Restaurant, Bars - Ventura County
Posting #: 252751
Status: Active
Refreshed: 11/12/2019

Contact: Steve Zimmerman
Phone: 415-945-9701
Phone: None Given

Price: $219,000
Adj Net: $57,000
Down: Call

Restaurant And Bar for sale. 2,750 sq.ft. Monthly rent $8,175. Selection of 32 beers on draft. More by the bottle including year round and hard to find labels. Many local Ventura County breweries are supported as well. Private and Corporate events bring in extra revenue.
Coastal Monterey County Cafe, Beer Wine License - Absentee Run For Sale
Available: Cafe, Beer Wine License - Absentee Run - Coastal Monterey County
Posting #: 254975
Status: Active
Refreshed: 11/23/2019

Contact: Mark Flores
Phone: 760-809-1540
Phone: 858-578-4111

Price: $199,000
Adj Net: $62,615
Down: Call

Highly desirable location with Live Music, Beer & Wine, Heavy Foot Traffic, Well Established Goodwill! An incredible opportunity to purchase a business with over 20 years of developed goodwill (10 with current owner). Customers enjoy 2 spacious dining areas, outdoor seating, and a live music stage.
Available: Poke Restaurant - Monterey, Central Coast
Posting #: 248128
Status: Active
Refreshed: 11/6/2019

Contact: Armina Paik
Phone: 650-464-1148
Phone: None Given

Price: $149,999
Adj Net: Call
Down: All Cash

Modern poke restaurant for sale. Rent: 1900 (2, 5yr +5 option remaining) and size is 1400 sq ft. Monthly sales: $36000 (close on Sunday). Net about $8000 and if seller is working, will make more money. Good potential and safe area and no competition near by No hood either, no walk-in cooler.
  View All Businesses, Opportunities, And Franchises For Sale And Wanted In These Cities:
Monterey, Pismo Beach, San Luis Obispo


  See All Related Business For Sale & Wanted Listings Recently Added:
  See More Related Information - For Buying And Selling Businesses:

  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA, BizBen Founder, ProBuy, ProSell Programs

Founder & President Of BizBen.com (since 1994) & BizBenNetwork.com. I am the Lead Facilitator for the ProSell & ProBuy Programs on both websites. I consult daily with buyers, sellers, and intermediaries daily about buying and selling businesses. Call 925-785-3118.

Michael Floorman, Business Brokerage, BTI, San Francisco Bay Area

Business Team, San Jose (Campbell) located in the Pruneyard Towers at Bascom and Hamilton. Established in 1981 Business Team with over 6600 sales to date has 1000 business listings to choose from, paid Google advertising. We offer highly trained and experienced professionals.

Mike Brewer: Liquor License Broker, ABC Consulting Service

Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.

Steve Zimmerman: Restaurant Broker Specialist, California

Steve founded Restaurant Realty in 1996. He has personally sold/leased over 900 restaurants, bars & clubs, & completed over 3000 valuations. The author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon. Reach Steve direct at 415-945-9701.

Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

Why Restaurant Buyers Typically Fail: Best Pro Tips For Buying A Restaurant

Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!

Don't Buy A Restaurant Without Checking The Competition - Key Buying Tips

Looking to buy a restaurant business? Check out these tips first to avoid getting blindsided when you buy any type of small or mid-sized California restaurant. Peter Siegel, MBA (BizBen's ProBuy & ProSell Programs & Restaurant Purchase Financing Expert) at 925-785-3118 covers this topic for buyers.

Buying A Restaurant With Financing: 5 Options For Restaurant Business Buyers

In this Discussion, Peter Siegel MBA (Business Purchase Financing Advisor at 925-785-3118) discusses financing of purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant, potential restaurant buyers have many options to choose from.

Buying A Restaurant Can Be Challenging: 3 Key Tips For Restaurant Buyers

People always need to eat; there should be plenty of business. Some restaurant buyers think there is prestige to owning a popular eating establishment. But it isn't an easy business purchase. Peter Siegel, MBA (BizBen Founder, ProBuy & ProSell Program Director at 925-785-3118) reviews this topic.

Financing A Business Purchase With Limited Or No Real Estate Collateral

In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA (Business Purchase Financing Expert) at 925-785-3118 shares his experience.

Sellers Ask: How Long Should I Wait For The Buyer To Do Their Due Diligence?

Business sellers & buyers ask the question in the buying process-how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.

Tips For Faster SBA Loan Approvals For California Small Business Purchases

In this article on BizBen, business purchase financing advisor and SBA loan broker, consultant Peter Siegel (Business Purchase Financing Expert/Advisor & the ProBuy Program Director at BizBen) at 925-785-3118 shares his views of getting SBA loan financing faster for business purchase financing.

Before Buying A California Business, 10 Questions You Should Ask Yourself

Before buying a business, all serious business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity - from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 925-785-3118.

See All News, Tips And Events


close
Michael Brewer, ABC License Consultant
Willard Michlin Due Diligence Services
Escrow Services Diane Boudreau-Tschetter
Escrow Town And Country Southern California
Liquor License Brokers And Consultants
Willard Michlin Due Diligence Services
Diane Boudreau-Tschetter California Business Escrow, Inc.


Auto Related
Business Services
Children Related
Communication Related
Computer, Internet Related
Construction Related
Entertainment Related
Financial Services
Health, Beauty Related
Home Improvement Related
Maintenance Related
Manufacturing Related
Media, Publishing Related
Pet Related
Photography/Video Related
Real Estate Services
Restaurant, Food Related
Retail Related
Service Related
Sports Related
Transportation Related
Travel Related
Wholesale Related

Auto Body Shops
Auto Repair Shops
Bakeries
Bars, Sports Bars
Cafe Restaurants
Car Washes
Cleaning Services
Clothing, Apparel Stores
Coffee Shops
Convenience Stores
Deli Restaurants
Discount, Dollar Stores
Dry Cleaners
eCommerce Websites
Fast Food Restaurants
Florists, Flower Shops
Full Service Restaurants
Gas Stations
Gift Shops
Gyms, Fitness Facilities
Home Health Agencies
Hotels/Motels
Ice Cream Shops
Juice, Smoothie Shops
Laundromats
Liquor Stores
Markets, Marts
Nightclubs
Pizza Restaurants
Postal, Shipping Stores
Preschools, Day Care
Print Shops
Salons, Beauty Shops
Sandwich Shops
Smog Test Only Shops
Smoke Shops
Spas, Med Spas
Sushi Restaurants
Tire Shops
Towing Services
Vending Routes
Wireless, Cellular Shops
Yogurt Shops

Alameda
Alpine
Amador
Butte
Calaveras
Colusa
Contra Costa
Del Norte
El Dorado
Fresno
Glenn
Humboldt
Imperial
Inyo
Kern
Kings
Lake
Lassen
Los Angeles
Madera
Marin
Mariposa
Mendocino
Merced
Modoc
Mono
Monterey
Napa
Nevada
Orange
Placer
Plumas
Riverside
Sacramento
San Benito
San Bernardino
San Diego
San Francisco
San Joaquin
San Luis Obis
San Mateo
Santa Barbara
Santa Clara
Santa Cruz
Shasta
Sierra
Siskiyou
Solano
Sonoma
Stanislaus
Sutter
Tehama
Trinity
Tulare
Tuolumne
Ventura
Yolo
Yuba

0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million



BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2019, All Rights Reserved



Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
Buying A Restaurant With Financing: 5 Options For Restaurant Business Bu...
Read More News
Buying A Restaurant Can Be Challenging: 3 Key Tips For Restaurant Buyers...
Read More News