Request More Information Contact the Seller
- 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 |
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 InterestsAdditional 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:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information