Santa Cruz Area Restaurant, Bar and Catering Business for Sale!

Santa Cruz, CA (Santa Cruz County)

Seller Financing Available
Santa Cruz Area Restaurant, Bar and Catering Business for Sale!

Asking Price:$395,000

Cash Flow:$202,331

Gross Revenue:$1,408,827

EBITDA:N/A

FF&E:N/A

Inventory:$15,000*

Established:1970

*not included in asking price.

Santa Cruz Area Restaurant, Bar and Catering Business for Sale!

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Business Description

Price Reduced! Santa Cruz Area Restaurant, Bar and Catering Business for Sale! $395K PLUS estimated inventory $15K

History is what this restaurant has established since 1970 in beautiful Santa Cruz County! Situated on a busy street with an abundance of vehicle and foot traffic; this is a great opportunity for someone to “take over the reins” of a successful restaurant and catering business, which carries a lot of history, good reputation and loyal customer base. Conveniently situated on a perfect location, this restaurant provides customers with the opportunity to create wonderful memories for wedding events, family celebrations and/or professional and corporate meetings; all utilizing their banquet rooms and beautiful and serene patio, or….just enjoy a nice dining experience while listening to live entertainment. Pet friendly too.

The restaurant comes with:
* Private wine cellar for small groups
* Separate full bar area and live entertainment lounge
* Full service kitchen equipped with two Southbend stacked brick pizza ovens
* Spacious walk in cooler and
* Plenty of room and amenities to successfully operate the catering business, which provides a stream of extra revenue!

Also included in sale are: Furniture, fixtures and equipment, ABC type 47, website, current leasehold improvements, goodwill, training period. Current lease to be negotiated between buyer and landlord. (note: not actual photo)

Detailed Information

Inventory:
Not included in asking price
Financing:
possible
Reason for Selling:
retirement

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Sylvia Reyes

Business Listed By:
Sylvia Reyes

Coast Business Brokerage

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Sponsoring Broker:
Rex Walters

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