RRC#5360
Central Coast Restaurant - Full Liquor, Prime Location With Continued Growth and Low Rent - SBA Pre-Approved
Offered at $650,000
Location: San Luis Obispo County
Annual Revenue: $1,063,565
Annual Cash Flow: $206,803
Monthly Rent: $4,036.52
Listing Description:
This is a SBA pre-approved restaurant opportunity in a prime location within SLO County. The restaurant features an attractive, modern dining room, a popular outdoor patio, and a full liquor with a bar and cocktail program. The location benefits from a strong combination of loyal local customers, destination diners, and year-round visitors drawn to the surrounding area. The business has built an exceptional online reputation, with consistently high ratings and hundreds of reviews across major platforms, including Tripadvisor, Google, and Yelp. It is well known for its food, service, and inviting atmosphere. A new owner will have several opportunities for continued growth through additional operating days, lunch or brunch service, private events, expanded happy-hour offerings, and greater utilization of the patio and full bar. The rent is very favorable for the location, providing a significant advantage and a sustainable low occupancy cost for the business. The lease also includes three additional five-year options, offering the security and stability of long-term control of the premises. The business has established a successful operating history, with growing revenue, demonstrated profitability, and continued positive momentum. This is an excellent opportunity for an owner-operator, experienced chef, restaurateur, or hospitality group looking for a Central Coast restaurant with growing revenue, demonstrated profitability, and continued upward momentum.
Ad#:2536851
