Premium

Matt Olufs

Compass First

Phone: (805) 886-2919

Fax: 805-456-4561

compassfirst.com


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925 De La Vina St. #103,
Santa Barbara, California 93101 (View Map)

About the Company

Broker Biography

Matt Olufs (805) 886-2919

Areas Served

Santa Barbara, CA
Los Angeles, CA
Ventura, CA
San Luis Obispo, CA
Monterey, CA

Business For Sale Listings

$269,000
Santa Barbara, CA 
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Retail at the Pier

Turn key retail operation, with the best view in Santa Barbara. Watch the ocean from your business! Long- established and profitable retail shop that has supported the owner since opening in 1988. Located on the city’s iconic Stearns Wharf, the business can operate with only one employee. Highest tourist traffic count in the City. Internationally diverse, year-round customer base keeps sales consistent. Long term lease is available for qualified buyers. Businesses on City property enjoy a base rent vs. a percentage equal to 10% of gross revenues. Please contact Compass First for additional details. More info

$449,000
Santa Barbara, CA 
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Nightclub and Lounge

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 $275,000 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 More info

$390,000
Santa Barbara, CA 
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Nightclub with Entertainment

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. More info

$189,000
Agoura Hills, CA 
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Bar/Restaurant - Agoura Hills

Fully built bar and restaurant asset sale. Turn key, with all staffing and improvements in place. Annual gross revenues over $1M. Includes full catering kitchen with hood, grease trap, and separate walk-in cooler with a 30-keg capacity. Type 47 ABC license issued for Los Angeles County, with a current market value of $70,000. Customers can enjoy the high-top bar seats for happy hours, formal dining with built-in booth seating for lunch or dinner, and the expansive outdoor patio. Beautifully remodeled, with every appointment.Please contact Compass First for additional details, and to schedule a behind-the-scenes tour. More info

$699,000
Santa Barbara, CA 
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Pub and Cocktail Lounge

Neighborhood bar and cocktail lounge. Profitable from the first day of business. Includes sought after Type 48 On-Sale General ABC license (no food requirement), a seasoned operations team, and strong goodwill from years of positive customer feedback. Operated absentee. Favorable ABC conditions allow alcohol service until 2 AM. Substantial renovations include a spacious outdoor patio, pool tables, shuffleboard, and stylish comfortable seating throughout. Constant seven-day a week revenue from bar and kitchen creates stable profitability. The owners have captured the casual cocktail culture, appealing to a wide demographic of industry patrons, neighborhood regulars and working professionals. More info

$420,000
Santa Barbara, CA 
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Downtown Restaurant / Bar

High profile restaurant and event space, charming and profitable. Central downtown location, adjacent to city parking and the popular Arts District. Popular craft cocktails paired with a farm-to-table menu. Offers several revenue sources to capture a wide ranging demographic. From fine dining to casual bar bites, onsite special events and off-site catering. Substantial kitchen area will accommodate a variety of menu concepts. Includes a Type I hood system, large walk-in cooler, grease trap and all health department approvals. Built for efficiency, with custom banquette seating to accommodate as many customers as possible. Includes Type 47 full liquor license valued at $235,000 on the open More info

$169,000
Santa Barbara, CA 
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Bar and Entertainment

Profitable and popular beer and wine bar with live entertainment. Includes Type 42 Beer and Wine license, a seasoned operations team, and strong goodwill from years of positive customer feedback. Employees handle the bulk of the day-to-day operations, with the owner booking special events and overseeing the business management. With 21 years in business, this location is a staple in the surrounding community, with a consistent customer demographic of local regulars, and university graduate students. Craft beer enthusiasts make up the majority of the patrons, with one of the most comprehensive selections of rare and unique beers. Customers come back regularly for hard-to-find favorites and to More info

$189,000
Santa Barbara, CA 
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Corner Restaurant

Landmark corner location with beautiful mid-century architecture. Bustling, high traffic area next to the Santa Barbara Bowl, the largest concert and event venue in Santa Barbara. Attractive front patio, surrounded by dense local customer base. Includes full restaurant / catering kitchen with 12' hood, in-ground grease trap and all health department approvals in place. Type 41 Beer and Wine license allows alcohol service until 12 AM, including the fully permitted outdoor patio. The proximity to Santa Barbara High School and the lower Riviera provide separate lunch and dinner crowds, with Bowl season as the best and least expensive source for new customers. Concerts begin in March 2018! More info

$189,000
Santa Barbara, CA 
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Restaurant Take-Out

Take-out restaurant location, in Santa Barbara’s Entertainment District. Strong lunch and late night business, with several successful restaurants lining this block. Open-air feel, perfect for people-watching while you eat. Includes Type 41 ABC license, and efficient kitchen space. Type I hood system, grease trap and prep area, all health department approved. The summer months see a tremendous spike in revenues. This location has the potential to draw business all day, from the office lunch hour, to the downtown night life. Streamlined business model could easily be expanded to Isla Vista or other college markets. Requires only a small footprint per location, with low low overhead. Please More info

$99,000
Uc Santa Barbara, CA 
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Premium Build

Centrally located in downtown Santa Barbara at 18 East Cota Street, 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 rest rooms, 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. Type 47 full liquor license is available separately, with cutoff times extended until 2 AM (no conditions - rare in the downtown area). Please contact Compass First for additional details. More info

$139,000
Santa Barbara, CA 
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Historic Downtown Restaurant

High profile downtown restaurant, charming and profitable. In business for more than a decade. Expansive kitchen space includes multiple hood systems, large storage areas, and separate prep stations - plenty of room to cater special events alongside a busy lunch and dinner service. Includes Type 41 beer and wine license, a seasoned operations team, and strong goodwill from years of positive customer feedback. Owner works approximately 30 hours per week. Please contact Compass First to complete a non-disclosure agreement, and receive additional information. More info

$159,000
Santa Barbara, CA 
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Specialty Bakery

State-of-the-art retail baking facility with excellent customer reviews. Established and profitable. Employees handle the bulk of day-to-day operations. Strong performance systems are in place, from the initial customer contact, to ordering and receiving supplies, customizing recipes, and product packaging and delivery. High profile location with competitive rent, a long lease and plenty of parking. Price includes business goodwill, all equipment, company website, delivery vehicle and $9,000 in inventory. Excellent return on investment! This is a great opportunity to pick up an established business with a solid upside as there are several opportunities for growth through a focused marketing More info

$159,000
Santa Barbara, CA 
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Beer & Wine Bar

Beautifully appointed wine and beer bar, established and profitable since 2014. Dramatic high ceilings create a big city, open-air feel, with multiple seating areas that fit both public meetings and private conversations. Enclosed outdoor patio also accommodates pets. Includes a Type 42 ABC license, with no food requirement, a low low lease rate and health-department approved facility that would suit any beer and wine tasting concept. Easy staffing with a maximum of 3 employees. Rent and occupancy costs are only $3,800 per month - significantly less than any other downtown venue of this size. The business opens at 1 PM and closes by 11 PM, seven days per week, with excellent Yelp reviews. More info

$235,000
Santa Barbara, CA 
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Type 47 ABC License

Full liquor license. Type 47 - On-Sale General Eating Place. Approved for use in Santa Barbara County, downtown in Census Track 9.Please contact Compass First for additional details. More info

$265,000
Santa Barbara, CA 
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Restaurant/Cocktail Lounge

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. More info

$1,200,000
Santa Barbara, CA 
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Premiere Restaurant/Bar

Well known and distinctive gourmet restaurant business, established and profitable 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 More info

$315,000
Santa Barbara, CA 
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North County Cafe

Beautiful and charming cafe-bistro in North Santa Barbara County. A strong local following coupled with popular tourist traffic provides steady annual revenues. Customers enjoy both the hand-built indoor seating, and the peaceful outdoor patio, with substantial parking available in an adjacent public lot. The full service kitchen offers a Type I hood system, health department approved hot line, NSF approved sinks, grease trap, and a new ice machine under warranty. A Type 41 ABC license is included with the sale, with no conditions - allowing beer and wine service until 2 AM. Please contact Compass First for additional details. More info

$199,000
Isla Vista, CA 
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Isla Vista Pizzeria

Asset sale of recently-updated restaurant space. Central location near Isla Vista’s recreation and park district and UC Santa Barbara, in a bustling retail and dining center. Space includes large dining room over 2,000 square feet, an updated kitchen with modern appliances, and a popular outdoor patio with additional seating. Infrastructure improvements are valued at $485,000. Includes a rare and lucrative Type 41 beer and wine license to generate additional revenue. Please contact Compass First for additional details. More info

$250,000
Santa Barbara, CA 
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Paint and Sip

Profitable retail and service business with two high-traffic locations. One prime downtown retail space with plenty of passerby, and the other in a new and popular urban shopping center. Each location includes a Type 42 ABC license. Strong top-line revenues over $1M annually, coupled with a long term, below market lease rates make this an excellent investment opportunity. Employees handle the bulk of day-to-day operations. Includes all furniture, fixtures and equipment, a strong repeat customer base, and delivery vehicle. Proven business model can be expanded to additional locations. Long-term leases are available, and this business has been pre-approved for an SBA loan. Excellent More info

$649,000
Isla Vista, CA 
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Isla Vista Restaurant

Possible franchise opportunity! Locally-owned and operated restaurant in beautiful Isla Vista, California. Patrons include mostly UCSB students, with local residents in the greater Goleta area. High profile location offers heavy foot traffic, with outdoor patio seating and a beautifully appointed interior. At just over 3,000 square feet, the lease price of $7,000 per month is very competitive and far below the market for similar properties in this area. The current concept includes fresh and organic ingredients, with a proven track record of development into multiple locations, making this an ideal model for franchising and expansion. Furniture and equipment are valued at $270,000 with More info

$1,590,000
Santa Barbara, CA 
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Grocery Market

Established local business at a competitive price! Locally-owned and operated market and grocery store that opened for business in the 1980s. Boasting fresh produce and a full-service meat department, this Grocery is located near a busy intersection, and offers plenty of street parking and a private lot. Excellent reputation for competitive pricing on produce, meat, and bakery items, making it a “local’s” favorite, with a high volume of car and foot traffic. Lease terms include a 10-year original term with two additional 5-year options. The property is nearly 7,000 square feet, and is listed at only $3.25 per square foot NNN, competitive with similar properties in this region. The asking More info

$129,000
Santa Barbara, CA 
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Type 21 ABC License

Retail full liquor license, for bottle shop or liquor store. Type 21 - Off Sale General. Approved for use in Santa Barbara County, downtown in Census Track 9. Please contact Compass First for additional details. More info

$475,000
Santa Barbara, CA 
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Nightclub & Lounge

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 More info

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