Walking into this business from the streets of downtown Santa Cruz is a refreshing experience. As you walk in you are attracted to the high vaulted ceiling with windows all around. Very spacious main room is perfect for dining and big events. The bar is complete with 10-12 taps with 2 keg fridges and fridges for bottles and glassware. A dishwasher and ice machine are located in the bar as well. The bar-top is wood with a high gloss finish. Ceiling fans are installed above the bar area to keep fresh air flowing at all times for the patrons. There is a stage located in the back for small acoustic bands that is fully equipped with speakers, amps, soundboard, mic, etc. The kitchen is fully ready for a high volume and fast paced restaurant. It is a full kitchen with type 1 hood with fire suppression system, prep area,dish washing area,and plenty of storage. There are 2 ADA bathrooms in the back corner. There is a very large patio with mature tropical plants that have been well cared for. A beautiful covered outside bar is nestled among the greenery for private events or a second bar. A big outside patio is rare in downtown Santa Cruz so this adds to the value of the location. Lights are intricately strung overhead for an enhanced experience at night. Downtown foot traffic is all around.

General Info

  • OrganizationCorporation
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating100 inside, 50+ on patio
  • Square Feet2,468 + 1,600 patio
  • ParkingStreet
  • LicensesBusiness, ABC Type 47 (full liquor)
  • Open HoursContact For Info

Lease

  • Rent$7,198
  • Expiration12/31/2022
  • Yearly IncreaseNegotiable
  • Option5 years
  • DepositContact For Info

Financials

  • Monthly Revenue$174,402
  • Monthly Cash FlowContact For Info
  • Annual Revenue$2,092,824
  • Annual Cash FlowContact For Info
  • Payroll$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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