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  • RE:  Bar/Restaurant/Patio/Brewery & Exquisite Hotel
  • Contact:  Steve Zimmerman
  • License #: 1310250

Quick Facts

Asking Price: $1,475,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1988
Employees: Not Disclosed
BBN Listing #: 992378
Broker Reference #: 5033

Email or Print Listing

Business Overview:

Bar/Restaurant/Patio/Brewery & Exquisite Boutique 5 Room Hotel – Downtown San Luis Obispo

RRC# 5033 

Location: San Luis Obispo County 

Description:

In the Heart of Southern California’s Wine Country between Paso Robles and Santa Barbara sits San Luis Obispo. A beautiful region, close to the ocean, wine country & the city of San Francisco. For sale is a well-established 5,000 sq ft Bar & Restaurant with a valuable ABC Type 75 Brew Pub License giving the ability to sell hard liquor, 1,000 sq ft Mezzanine private dinner space, small brew room and 2,200 sq ft Patio overlooking the Creek. Bar/Restaurant seats 120, private dinner space seats 50 & the patio seating an additional 100 & 5 large beautifully decorated hotel rooms for an additional 5,000 sq ft. Total space 17,986 sq ft.

$1.5 million total annual sales revenue with 50% from the rooms. This makes the profits stable and covers for the bar/restaurant. The Bar and Restaurant is fully renovated and the kitchen, turnkey. A new owner should be able to take this business to $5+million in annual revenues with TLC and consistent opening hours. 

This is a highly confidential sale, and all potential Buyers will need to provide their background restaurant/business experience and financial status to the Broker prior to receiving the name, address & financials for this successful operation.

To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail. No Broker Coop.

Financial Information:

Monthly Revenue: Contact for Info 

Monthly Cash Flow: Contact for Info

Annual Revenue: Contact for Info

Annual Cash Flow: Contact for Info


Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Facilities:1475000

Square Feet:Contact for Info  

Seating: 270 

Parking: Street and Public Parking  

Licenses: Contact for Info  

Days/Hours of Operation: 5.00pm 10.00pm Thursday - Saturday ONLY

Market Competition and Expansion:

General Info:

Ownership:  LLC

Established: 1988

Employees: Contact for Info 

Reason For Sale: Other Interests

Monthly Rent: $43,000 - Negotiable 

Expiration: 12/31/2028  plus  5 year option - Negotiable

Reason for Selling:

Other Interests

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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