* Included in Asking Price
full Liquor License Type 47, Italian Restaurant With Handsome Decor, Patio, Established Clientele
Asking Price: $350,000
Location: San Luis Obispo, San Luis Obispo County, California
Yearly Revenue: $349,992
Yearly Cash Flow: $69,996
Monthly Rent: 5,000 + triple net approx
Beautiful Italian restaurant with TYPE 47 license in the heart of the San Luis Obispo with established clientele. Has been in operation for 30 years. Well maintained, 2600 sq. ft. craftsman building with multiple dining areas, including fireplace. 11,700 sq. ft. lot with parking in rear, 84 seats inside, 40 seats on patio. Elegant décor and furnishings, wood floors, lovely windows and warmth throughout. Equipment includes: 12 burner stove, 16 ft. hood, 20"grill, pot stove, hot plate, convection oven, 16 ft. newer walk in refrigerator/freezer, fryer, dishwasher machine, ice machine, wine refrigerator, espresso machine, ss tables and sinks. Inviting entry, bar and espresso area. Clean and well maintained kitchen. Good wine sales! Seller is retiring and owns the property. Full liquor license in San Luis Obispo runs $200,000 or more if you can find one!
Organization: LLC | Year Established: 1992 | Current Owner: 1992 | Employees: 6 | Seating: 124 | Square Footage: 2600 Plus Patio | Parking: parking in rear, street | Licenses Required: ABC, Health Dept. | Days Open/Hours: dinner 7 days a week, lunch mon-fri | Reason For Sale: Retirement |
Yearly Revenues: $349,992 | Yearly Cash Flow: $69,996 |
Monthly Rent: 5,000 + triple net approx | Lease Expiration: 5 year | Yearly Adjustment: 3% | Lease Option: 2- 5 year options | Security Deposit: 10000 |
Seller Reference #2482
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.