Cocktail Bar & Restaurant

Santa Barbara, CA

Seller Financing Available

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Asking Price:$495,000
Inventory:$5,500
FF&E:$53,000
Gross Revenue:$952,822
Rent:$5,875/Month
Established Year:2006
BUSINESS DESCRIPTION

Award winning cocktail bar and restaurant with a warm artistic ambiance, poured concrete bar, and vibrant staff.

The quintessential late night mecca for innovative cocktails and delicious small-plates. Perfect for a happy hour with friends or an intimate fireside dinner.

Includes full kitchen with all health department approvals in place, a Type 47 ABC license valued at $215,000 on the open market, a proven menu and strong customer following.

Healthy and consistent annual revenues, with six figure earnings for part time ownership. Owner is selling to pursue new opportunities out of town.

Please contact Compass First for additional information.


DETAILED INFORMATION
Location
Santa Barbara, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
30/04/2026
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
20% for qualified buyer
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Matt Olufs
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Matt Olufs