SBA Loan Pre-Approved/Long-Established Bar/Restaurant

Business Overview:

SBA Loan Pre-Approved – Long-Established – Bar/Restaurant & Event Center – Sought After San Luis Obispo Location

RRC#  5032

Location: San Luis Obispo County  

Description:

Nestled 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 Bar & Restaurant with multiple open area Patios and a large Event center. Bar/Restaurant seats 140, Patios 100+ and the Events Center 180 seated, 300 for a concert. Consistent $4.5 million annual sales revenues, producing over $500,000 in profits. All long-term management and staff are in situ and the financials are clean, showing proven historical success and future longevity. The Seller is the Landlord, therefore the Lease Terms are to be negotiated.

The ABC License has to be reorganized but this is not insurmountable.

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.

Many fabulous online reviews;

“Great spot to grab a drink and bite to eat, great for large groups and kids, with yard games and great outdoor space. The staff is friendly, and the food is solid.”

“Perfect place if you're looking for a casual lunch/dinner spot with lots of indoor/outdoor seating. Great for a date night or for larger groups with lawn games, fire pits, and live music!”

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: $345,917 

Monthly Cash Flow: $38,020 

Annual Revenue: $4,151,000 

Annual Cash Flow: $456,226 

General Info:

Ownership:  LLC

Established: 1988

Employees: 64 

Reason For Sale: Other Interests

Monthly Rent: New Lease Negotiable 

Facilities:

Square Feet: Contact for Info

Seating: 140 + 100 + 180 

Parking:  Ample

Licenses: ABC License, Health and Business Permit 

Days/Hours of Operation: 12.00pm - 9.00pm Daily. Closed Mondays 

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:

Square Feet: Contact for Info

Seating: 140 + 100 + 180 

Parking:  Ample

Licenses: ABC License, Health and Business Permit 

Days/Hours of Operation: 12.00pm - 9.00pm Daily. Closed Mondays

Market Competition and Expansion:

General Info:

Ownership:  LLC

Established: 1988

Employees: 64 

Reason For Sale: Other Interests

Monthly Rent: New Lease Negotiable

Reason for Selling:

Other Interests

Additional Details:

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