Opportunity! Craft Beer - Coffee Saloon at Beach

Morro Bay, CA
San Luis Obispo County

Highway 1

Asking Price: Annual Revenue:
$124,999 $221,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Opportunity! Craft Beer - Coffee Saloon at Beach Broker: Dan
License #: 1910299
Owner Financing is Available!

Quick Facts

Asking Price: $124,999
Annual Revenue: $221,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 4
BBN Listing #: 952354653
Broker Reference #: Not Disclosed

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Business Overview:

The Dark Nectar Coffee Saloon was the brainchild of popular barista in the community. Converting the long-time, local favorite bar (The Buoy Bar) into the Dark Nectar required extensive improvements to the facility. Still, the atmosphere and original bar remained. Partners were happy to invest in upgrading the bar. However, when he unforeseeably passed away just after making the improvements, the partners continued the operations of a coffee saloon, bar and light eatery, despite the onset of the Covid restrictions. The local constituents continued to frequent the bar to keep it alive. Now, the partners seek to sell the business to someone interested in this excellent opportunity to step in and start your business on the Central Coast of California. A craft-brewery or coffee saloon, with all of the recent tenant improvements, has great potential. It has parking, and an outdoor area for live music and entertainment. This is an asset sale with a long list of improvements, and excellent terms on the lease.

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Additional Details:

  • The property is owned.
  • The owner is not 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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