Beautiful Café and wine bar in highly desirable location with fantastic patio, high foot traffic, great visibility. Built in 2017, all newer equipment! Serving breakfast, lunch, dinner, desserts, coffee and fine wines. Absolutely one of the best locations in downtown San Luis Obispo. New building constructed in 2017. Beautiful high ceilings, large windows & wood floors throughout. Features newer electrical, plumbing HVAC & equipment with indoor/outdoor seating, 2 patios and ADA bathrooms. The serve salads, sandwiches, beef and chicken entrees and bowls with a focus on a fresh and healthy menu. Their coffee sales are very strong. Includes ABC type 41 beer and & wine license. Increasing revenue each month. This is an absentee owner store, manager run. Owner has other businesses and is too busy to oversee this operation. Lots of potential! Includes 8 ft hood and cook line, Rational convection stacking ovens, induction 6 burner range, refrigerated display case, Ravel POS system, security system with 8 cameras, music system and more. A off-premise commissary kitchen is available for added production.

General Info

  • OrganizationContact For Info
  • Established2017
  • Current Owner2017
  • Employees10
  • Reason For SaleOther Interests

Facilities

  • Seating60
  • Square Feet1300 sq ft plus 2 patios
  • ParkingPublic parking, street
  • LicensesHealth department, ABC Type 41 and 58, city business license
  • Open HoursDaily 8am-8pm

Lease

  • Rent$6500+ triple net $1500
  • Expiration2021
  • Yearly Increase3%
  • Option5 years
  • Deposityes

Financials

  • Monthly Revenue$65,251
  • Monthly Cash Flow$7,153
  • Annual Revenue$783,019
  • Annual Cash Flow$85,840
  • Payroll$Contact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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