Exceptional Bar & Restaurant – 6,500 sq ft - $4 million Annual Revenue – Established 2001 - Monterey County
RRC# 5196
Offered At $1,200,000
Location: Monterey County
Annual Revenue:$4,291,000
Annual Cash Flow: Contact for Info
Monthly Rent: $22,693
Listing Description:
This successful Restaurant, Bar & Bakeshop with Wood-fired pizza and much more is located near the coast of #Monterey County. A thriving business for the past 25 years and an SBA loan may be possible, or the Seller may consider carrying a note for up to 70% of the full asking price to well qualified Buyers with excellent credit.
Sales revenues have been above $4 million for the past 10 years and even peaked at $4.7 million in 2022. 2025 is annualized to be above $4 million again. Past profit has been 10-15% but recently this has slipped in part due to increased costs which a savvy owner could so easily address. Current 100% absentee ownership which would really benefit from a more local, involved owner with many years of restaurant management or ownership experience.
This Manager operated, turnkey 6,500 sq ft restaurant is ripe to increase its sales volume with a strong marketing push and social media exposure under new ownership. Included with the sale is an ABC Type 47 hard liquor license which alone has a value of $200,000.
The main Dining Room is built for a strong dine-in flow with a mix of 90 tables, booths, and counter-height seating plus a nice outdoor patio with further seating for 28 seats . The separate Bar & Lounge has a true bar program setup with a large bar top & 14 bar stools, strong guest draw and sports/event capability, plus a dedicated lounge/bar environment that supports both dining and a nightlife energy, including an exciting cocktail menu. There are 19 beers on tap, 9 large televisions, 1 projector TV and an integrated stereo/TV system.
The main Kitchen is designed for volume and speed with its long, Type 1 hood with fire suppression system, Cookline equipment including Accusteam griddles, Jade 6-burner, salamander, steam table, multiple refrigeration units & undercounter refrigerated drawers, fully equipped walk-in cooler & walk-in freezer, prep/baking capability (mixers, sheeter, specialty bakery equipment). The extras & smallware’s includes a Woodfired pizza oven, 19-tap draft system, Blodgett oven, Pitco fryers, Accusteam griddles, Jade 6-burner plus 8-burner stove, Robo Coupe, Vitamix, Hobart slicer, mixers are Kitchen Aid & a small Hobart plus a croissant/bread sheeter.
An exceptional opportunity for serious Buyers looking for a turnkey, modern built out bar & restaurant with a real commercial kitchen providing quality food for the dining room, patio, bar & bakery with infrastructure already in place with the bonus of being located in one of California’s most beautiful areas.
This is a highly confidential listing and only potential buyers willing to provide their restaurant experience bio and personal financial information in the first instance will be given access to the name & address and further details.
To receive the full financial package—including tax returns, profit & loss statements, equipment list, and POS reports—please complete the Non-Disclosure Agreement (NDA) on our website. Financials will only be provided to serious buyers with a signed NDA, verified proof of funds, and good credit.
This is a confidential sale—please do not disturb staff or visit the premises without an appointment.
Ad#:2453959
