Large Bar & Restaurant With Craft Beers & Hard Liquor License

Santa Barbara, CA (Santa Barbara County)

Large Bar & Restaurant With Craft Beers & Hard Liquor License

Asking Price:$750,000

Cash Flow:N/A

Gross Revenue:$2,760,000





Large Bar & Restaurant With Craft Beers & Hard Liquor License

Get Financing Save Print Share Valuation Report

Business Description

Large Bar & Restaurant With Craft Beers & Hard Liquor License

Large Bar & Restaurant With Craft Beers & Hard Liquor License With Annual Sales Of $2.7 Million.

RRC#: 2501
Asking Price: $750,000
Location: Santa Barbara, Santa Barbara County, California
Yearly Revenue: $2,760,000
Yearly Cash Flow: Contact For Info
Monthly Rent: Contact For Info

Over 8,000 square feet of Remodeled Bar, Restaurant and Patio seating over 300. They remodel included hard floors, wood walls and river rock with a new Kitchen and Patio. The bar serving many craft beers along with a ABC type 47 hard liquor license is a popular venue for live music with 24 seats at the bar and a further 50 at high & community tables with TV''s, a projector TV and sports memorabilia on the walls. The main dining room with it''s combination of booths and tables seats 150. All hard floors for ease of maintenance and ample light from the large windows offering a unique view. A separate banquet room for 75, a smaller lounge room and the large Patio seating 95 on lounge and dining tables, completes the front of house. The kitchen is awesome. Brand new equipment to include 1 walk–in box, 1 freezer box, 2 flat grills, 2 char-broilers, 4 fryers, 1 cheese melter, 1 convection oven (double cabinet), 2 alto-shams (double cabinets), 1 Alto-sham single cabinet, 2 cold boxes (sandwich tables), Built-in stainless cold drawers and freezers (entire kitchen), 2 slicers, 2 Choppers, 1 food processor, 3 microwaves, 4 warmers, 31 feet hood system, 12 feet prep hood system, 2 stainless prep tables, 1 prep sandwich table, 1 prep sink, 1 3-comp dish sink, 8 POS monitors, 1 soup kettle, 1 mixer 40 qt plus shelves and all small wares included. This is an amazing place and a must see opportunity in this busy University City. Partnership direction forces the sale. Don''t miss out Complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information for this business opportunity. We will also send you the broker contact so you can discuss in more detail.

Organization: Corporation | Year Established: 1970 | Current Owner: 2015 | Employees: 60 | Seating: 300+ | Square Footage: 8800 + 1500 Patio | Parking: 100+ | Licenses Required: Health & Business | Days Open/Hours: Sun, Mon, Tues 7am - 10pm. Weds 7am - 1am Fri & Sat 7am - 12.00pm | Reason For Sale: Other Interests |

Yearly Revenues: $2,760,000 |

Listing Statistics for Premium Members

Ad#:1286705 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Steven D . Zimmerman CBB, CBI

Business Listed By:
Steven D . Zimmerman CBB, CBI

Restaurant Realty Company

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Find out more...

Get more details about this business.

Similar Listings

Pancheros Mexican Grill

Franchise Opportunity
Capital Required: $404,325