SBA Loan Pre-Approved – Long-Established – Bar/Restaurant - Business for Sale

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Bar, Restaurant, and Event Center in San Luis Obispo County, CA

CA, US
Added 26 days ago
Bar, Restaurant, and Event Center
38 years in business

A long-established bar, restaurant, and event center located in San Luis Obispo County, California, offering indoor and outdoor seating and hosting events with a large capacity.

Key Information

Asking

$1.1M

Revenue

$4.2M

Earnings

$456K

Multiple

2.5x

Key Highlights

  • Business was established in 1988 (38 years in operation)
  • SBA loan pre-approved
  • Business operates as a bar, restaurant, and event center with seating for 140 (bar/restaurant), 100+ (patios), and 180 seated or 300 for concerts (event center)
  • 64 employees
  • Lease terms are negotiable with the seller as landlord
  • ABC license, health, and business permits included
  • Monthly rent is to be negotiated

Contact Info

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