Santa Barbara County, CA Bars, Pubs and Taverns For Sale

Charming Bistro and Bar
$399,000
Charming Bistro and Bar

Santa Barbara, CA

This beautiful corner bistro presents an exciting opportunity for prospective restaurant owners in Santa Barbara. Located in the charming and busy shopping district of the downtown area, this bistro’s location has an outdoor patio facing pedestrian traffic on State Street, making it an attractive destination for drop-in dining. The inside boasts Italian tile flooring and high, open-air ceilings. With parking available in a nearby public lot, this attractive and stylish restaurant space attracts plenty of tourist foot traffic, with diners from the immediate financial district, as well as outlying areas. This bistro was established in 2011 and has a capacity of 90 patrons. At a manageable 1,700 square feet, the selling price of $399,000 is very competitive for full kitchen locations with a Type 47 ABC license. Additional storage and a wrap-around outdoor patio increase the square footage without increasing the selling price. A competitive long-term lease with below-market rent is also available. The asset sale includes all tenant improvements, furniture, fixtures, equipment, and additional inventory with a total value over $175,000. The Type 47 full liquor license is available separately, for an additional cost. The kitchen includes a Type I hood system, City of Santa Barbara approved grease trap, and meets with all health department regulations. The seller has agreed to offer 30 days of training, and is willing to sell the restaurant assets separately from the ABC license. Contact Compass First today to discuss the details of this exciting opportunity, and to schedule a behind-the-scenes tour.

Arts District Restaurant/Bar
$210,000
Arts District Restaurant/Bar

Santa Barbara, CA

Located in the Arts District of downtown Santa Barbara, this updated property includes a full kitchen with a walk-in cooler, grease trap, and Type 1 hood system. The property boasts two patios – one situated in the front of the restaurant, perfect for patrons that want to dine in a lively sidewalk environment, and one located in the back (with an enclosure) for customers that desire a quieter atmosphere. In addition to a large indoor dining space, the location also includes a profitable bar and cocktail area and a separate private event room to generate additional revenue. A Type 47 On-Sale General ABC license is available separately for $230,000, for full liquor service. This location has hosted several profitable restaurants over the last 30 years, including Soho, Blue Shark Bistro, and Arlington Tavern. Combined with a below market lease and the potential for a full liquor license, this property has excellent earning potential. Please contact Compass First for additional details.

Premiere Restaurant/Bar
$1,600,000
Premiere Restaurant/Bar

Santa Barbara, CA

Well known and distinctive gourmet restaurant business, established and pro?table for over a decade. Located in Santa Barbara in a prime downtown location with plenty of foot traffic, and nearby City Parking. Beautifully remodeled with a custom-designed bar, expansive chef’s kitchen, and a sterling reputation. Excellent condition. Includes Type 47 ABC license valued at $200,000 on the open market. Strong top-line revenues, coupled with a long term, below market lease make this an excellent investment opportunity. Active ownership generates over $3M in annual revenues. With a focus on the artisan, this business features a unique farmers market driven cocktail program, esoteric wine list and a rotating selection of local beers. Please contact Compass First for additional details.

Nightclub with Entertainment
$525,000
Nightclub with Entertainment

Santa Barbara, CA

State Street night club and performance venue. Popular for special events, and weekend entertainment. Active Dance Permit through the City of Santa Barbara, with ABC full liquor license in place. Excellent lease rate of only $2.00 per square foot – less than $9,000 total rent. 400 person capacity. Large dance floor, performance stage, sound and lighting, extended bar, with two outdoor patios and private parking. Absentee owner. Please contact Compass First for additional details, and to set up a behind-the-scenes tour.

Nightclub & Lounge
$475,000
Nightclub & Lounge

Santa Barbara, CA

Downtown night club with excellent customer base. Established and pro?table for several years running. Location is licensed for multiple bars, both indoor and outdoor, with a Type 48 ABC License (full liquor). Separate dance ?oors and DJ booths are perfect for private party reservations. Smaller groups can enjoy the private seating and VIP bottle service. Features a licensed patio and separate performance stage for live music and special events. ABC license is valued at $250,000 on the open market. The strong asset value and established customer base makes this an excellent investment opportunity. The business shows increasing gross revenues with absentee ownership, while operating solely in the evening hours. An on-site owner operator could implement special events, open earlier for happy hours or sports packages, and tighten the payroll expenses that come with off site management. Please contact Compass First for additional details.

Santa Barbara Area Beachside Restaurant w/Bar & Wine Room
$725,000 Cash Flow: $230,917
Santa Barbara Area Beachside Restaurant w/Bar & Wine Room

Santa Barbara, CA

The beach side restaurant with a full bar, dining room and large wine room boasts a customer embraced concept in the Greater Santa Barbara area. It is a local favorite but also does a burgeoning amount of business with the tourist community as well as denizens from neighboring cities. The nearly 10 year old venue has managed to maintain an extraordinarily stable $2.5 ml. in gross revenues year over year.

Sophisticated Country Wine Bar
$119,000
Sophisticated Country Wine Bar

Santa Ynez, CA

Old Santa Ynez ranch flavor outside, sophisticated California casual inside Lite California Cuisine, Beer & Wine License, Fun & Trendy Atmosphere Country porch for live music & views, seats 30. Occupancy: 50 total: inside 20 Outside 30 Total Rent: Only $2100 per month (Gross Lease. No NNN) 5 w/ 5 yr. option Minimal kitchen $70,500 Remodel 980 Square Feet plus rent free Bath Rooms & 300 Square Foot Country Porch Ample Parking PRICE: 119,000 Open Friday: 6-12, Saturday: 5-12 & Sunday: 11-4 Beer & Wine License

Premiere Bar / Restaurant
$140,000
Premiere Bar / Restaurant

Santa Barbara, CA

Centrally located in downtown Santa Barbara, with an excellent below-market lease. This location boasts absolutely First Class improvements, including a new kitchen with three(!) hood systems, walk-in cooler, ADA restrooms, and a dramatic central bar. Furniture, fixtures, and equipment are of the highest quality. This is a truly turn-key location, perfect for an investor/chef partnership. Please contact Compass First for additional details.

Restaurant/Cocktail Lounge
$340,000
Restaurant/Cocktail Lounge

Santa Barbara, CA

Premiere downtown location, in the heart of Santa Barbara’s “Entertainment District”. Unbelievable lease rate of only $2.39 per square foot GROSS. 2,500 square feet for only $6,000 per month. Newly re?nished interior includes new bartop and back bar equipment, accent lighting, custom booths and seating, and a fully wired sound and lighting system. Includes chef’s kitchen with large prep area, City of Santa Barbara dance permit, and Type 47 full liquor license valued at $190,000 on the open market – good until 2 AM. Trendy bar/restaurant atmosphere complements a separate lounge area for private dining or special events. Please contact Compass First for additional details.

Wine Shop-Beer & Wine License
$119,000
Wine Shop-Beer & Wine License

Santa Barbara, CA

Established since 2004 in an excellent location near high traffic corners in Downtown Santa Barbara. Profit Centers Include: Wine Club, Shipping Service for Major Hotels, Weekly Tastings & Sales by the Case. Type 42 Wine & Beer License with Tastings! Rent: $1,770 Gross Square Footage: 700 sq. ft + 100 sq. ft front patio. Lease End Date: 2021. Longer Lease Negotiable. Owner Operator Netted: $62,773 (2016) Gross Sales: $297,809 Street parking & one employee spot. $119,000 + Inventory Profitable Wine Club in place & growing. Furniture, Fixtures & Equipment: Large Fridge, Sinks, Signage, Removable Bar, Shelving, Lighting & More. Owner will train & can consult longer term