Turnkey Restaurant Opportunity-Prime Cornerstone Downtown Location

Asking Price$249,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$15,000
Included in asking price
FF&E$230,000
Included in asking price
Real EstateNot Disclosed

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Turnkey Restaurant Opportunity-Prime Cornerstone Downtown Location


Asking Price$249,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$15,000
Included in asking price
FF&E$230,000
Included in asking price
Real EstateNot Disclosed

Business Description
Seller financing is available.
A premier turn-key acquisition opportunity in the vibrant heart of downtown Santa Cruz. This unique sports bar is in a rapidly developing coastal corridor, the establishment benefits from high foot traffic, an established live music permit, and a desirable outdoor seating area. This recently remodeled facility includes all essential components for immediate operational success, including an ABC license. This is a rare chance to step into a fully equipped, professionally designed food service space with new equipment and a recent remodel.

With a distinguished 32-year history as a cornerstone of the local hospitality scene, the location boasts a loyal customer base of neighborhood regulars. This continuity ensures a stable revenue stream for the incoming owner from the outset. The outdoor patio area, currently underutilized, offers substantial potential to increase seating capacity and enhance the dining experience.

The immediate surrounding area is undergoing significant densification, with several residential high-rises and a new hotel development situated within a 5-minute walking radius. This growth places thousands of potential patrons within immediate proximity.

This is the owner’s 7th startup. They usually run a business for 4-5 years. They have created a great template for someone to start with and build on. This creates a rare opportunity for an investor to acquire a renovated asset. With a favorable lease in place and a strategic location in one of the region’s most desirable coastal markets, this establishment is poised for continued growth and robust financial performance. Unfortunately, the owner must step away due to health concerns.

This is a turnkey operation with staff in place, and the seller is willing to provide training to ensure a smooth transition. Facility specifications and amenities can be provided upon request.

Growth Opportunities:
A new owner could significantly grow the business by:
+ Expanding operating hours (currently open 58hrs per week)
+ Enhancing use of the outdoor patio
+ Introducing private events and renting out the upstairs lounge area
+ Introducing karaoke, quiz night, and comedy night

Contact Carmel Business Sales today for more information.
About the Sale
Financing Options
Seller financing is available.
Listing Info
ID
2479915
Listing Views
271

Contact Seller

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Business Listed by: Carmel Business Sales Carmel Business Sales

Listing ID: 2479915 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 of Use. Learn how to avoid scams.


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