Lunch/Late Night Location

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Asking Price:
$149,000

Gross Revenue:
$600,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$4,000
not included in asking price

FF&E:
$70,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Santa Barbara lunch / late night location, with strong repeat customer base.

Turn-key and manageable. Under 2,000 square feet, with new air conditioning unit, updated wood flooring, ADA compliant restroom, and a Type 41 ABC License for beer and wine service.

Rent is only $4,700 per month, with water and trash included. Excellent lease term of 8+ years, including all option periods.

High-traffic location with nearby parking and built-in business from surrounding office and retail employees.

Verified seller discretionary earnings of $60,000 per year.

Please contact Compass First for additional details.

About the Business

Location:
Santa Barbara, California
Year Established:
2011
Number of Employees:
8
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About the Sale

Reason For Selling:
Relocating.
Training/Support:
Yes. 30 days.

Listing Info

ID:
1618044
Ad Detail Views:
0

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Business Listed by

Matt Olufs

Compass First
License# 01912098

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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.