Upscale American Restaurant & Sports Bar with Off-Track Betting
Discover a premier dining and entertainment experience at this newly remodeled upscale American restaurant and sports bar with 5,500 sq. ft. plus patio. Featuring fresh, high-quality cuisine, inspired cocktails, craft brews, and Central Coast wines. This vibrant venue offers an inviting atmosphere for casual diners, families, and avid sports fans. This restaurant was pleasantly remodeled at the end of 2024 with quality materials including new flooring, paint, seating, entertainment equipment, and more. Current sales are averaging $100,000 a month or more and increasing. They have 28 employees, including 2 managers.
Key highlights include:
Off-Track Betting (OTB) managed by the Horse Racing Association-WHICH IS OPTIONAL BUT Generates $12,000 Monthly net income.
Full liquor license with an extensive selection of 24 craft beers on tap
Spacious 5,500 sq. ft. interior accommodating 199 guests indoors and 50 on the outdoor patio.
Large bar area with ample seating and 40 TVs throughout for optimal sports viewing
Two beautifully furnished dining rooms, large bar, and a stylish outdoor patio
Well-equipped, high-volume kitchen designed for efficiency and seamless service.
Attractive Wine and Liquor Storage Room
Lease Terms: $19,000 monthly rent including $3,000 CAMS. The lease expires November 30, 2031.
This location was previously a franchise sports bar, however, the owner rebranded the restaurant in November 2024, offering an upscale take on the sports bar experience.
This turnkey opportunity presents an ideal setting for an entrepreneur or restaurateur looking to step into a fully operational, high-potential business. This is an asset sale. No financials are available except POS sales. Cash offers only, please.
Ad#:2347167