Established Restaurant/Bar with $3M+ Sales and $300K+ Profit in Central Coast, California
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Financial Details
- Asking Price:
- $495,000
- Annual Revenue:
- $3,000,000
- Cash Flow / SDE:
- $300,000
- Valuation Multiple:
- 1.7x
- Location:
- Central Coast, CA, US
- Sources:
- Date:
- July 18, 2025
Key Highlights
- Established restaurant and bar in a prime Central Coast location.
- High-capacity venue with multiple dining areas and outdoor seating; can accommodate 200 guests.
- Strong financials with $3M+ projected sales and $300K+ profits; long-term assignable lease.
Description
This is an established restaurant and bar located in a popular coastal city in Central Coast, California. The business has a uniquely designed facility with two dining rooms, an outdoor seating area, a bar and cocktail lounge, and a full kitchen. It can accommodate up to 200 people for special events. The business has a long-term lease with several 5-year options and assignable terms. Past sales have been around $3 million, and projected sales for 2025 are $3+ million with profits in the $300,000+ range.
Industry Information
- Industry Description:
- Bars
- Classification:
- Restaurants & Food
Listing Details
- Listing ID:
- b59bdc65-62b5-4a0a-9645-aa4f7290b417
- Deal Status:
- For Sale
- Date Posted:
- July 18, 2025
- Last Updated:
- July 18, 2025
- Currency:
- USD
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