Business Overview:
This growing Santa Maria Restaurant with beer and wine, a par 3 golf course and driving range presents its buyer the ideal opportunity for expansion into a thriving sports bar with 2 built-in client bases, a banquet / festival facility or several additional growth opportunities. The facility is located on 28 acres with 8 acres dedicated to the 50 station driving range, 20 acres dedicated to the 10 hole golf course, putting green, 67 space parking lot and 5,400 square feet clubhouse, restaurant and banquet facility that was recently constructed in 2000 for $500,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The land lease for the property provides coverage until 2030 at an astounding $3,300 per month. All of the restaurant’s furniture, fixtures and equipment, including its beer and wine license, seating for 150 patrons, oven, stove, grill, deep fryer, ice machine, two door fridge, salad prep table, beer tap system and three bucket sink are paid off and included in the sale. Also includes the courses tractor, 4 mowers, trimmer and 3 golf carts.
Market Competition and Expansion:
This business has several opportunities for tremendous growth, the most obvious being that the restaurant seats 150 persons, has a captive audience of sports fans, but closes at 3 pm and only has 1 fairly aged mid-sized television for patrons to view sporting events on! A new owner may seek to extend operating hours, install several televisions, add ambiance, video gaming or billiards and create an ideal sports bar with virtually unlimited parking on an actual sporting facility. New management may also seek to add lighting for evening golf, a golf store / retail boutique / pro-shop, install a golfing simulator, add complementary recreational facilities (batting cages) or hold indoor/outdoor events such as wine tastings, music festivals (in the parking lot or on the driving range), and parties or banquets (group meetings, weddings, school dances, etc.) – Which they turn away on a regular basis.
Reason for Selling:
Personal
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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