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Elite Real Estate Group
info@elitereg805.com$950,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID PI26022139
HOA Y/N No
Property Description
Take the reins of Milestone Tavern, a well-appointed, full-service, dine-in restaurant and pub situated in the heart of San Luis Obispo, California. This established business, which has been successfully operating since 2017, presents an excellent opportunity for an owner-operator to capitalize on its strong reputation and take it to the next level.
The restaurant is housed in a spacious 5,650 square feet facility, strategically located in a highly visible area, attracting both locals and tourists alike. The business comes with a Class 47 Liquor License, allowing the new owner to continue serving a full bar menu to complement the restaurant's popular food offerings.
Milestone Tavern currently employs a team of 31 dedicated staff members, ensuring smooth operations and impeccable customer service. The existing owners, who have had a successful run in the restaurant industry for three decades, are now looking to semi-retire. They are committed to providing as much training and support as the new owner needs to ensure a seamless transition.
This is an excellent opportunity to acquire a thriving business with significant growth potential. The owners have laid a strong foundation, and with the right vision, the new owner can build upon this success.
The asking price for this profitable venture is $950,000. Detailed financials and lease terms will be released upon the execution of the attached non-disclosure agreement (NDA). This is a rare opportunity to own a profitable and established restaurant business in the vibrant city of San Luis Obispo
To get more information about this Milestone Tavern business for sale in San Luis Obispo, California. Please complete, execute and return the attached NDA for P&Ls and lease information.
The restaurant is housed in a spacious 5,650 square feet facility, strategically located in a highly visible area, attracting both locals and tourists alike. The business comes with a Class 47 Liquor License, allowing the new owner to continue serving a full bar menu to complement the restaurant's popular food offerings.
Milestone Tavern currently employs a team of 31 dedicated staff members, ensuring smooth operations and impeccable customer service. The existing owners, who have had a successful run in the restaurant industry for three decades, are now looking to semi-retire. They are committed to providing as much training and support as the new owner needs to ensure a seamless transition.
This is an excellent opportunity to acquire a thriving business with significant growth potential. The owners have laid a strong foundation, and with the right vision, the new owner can build upon this success.
The asking price for this profitable venture is $950,000. Detailed financials and lease terms will be released upon the execution of the attached non-disclosure agreement (NDA). This is a rare opportunity to own a profitable and established restaurant business in the vibrant city of San Luis Obispo
To get more information about this Milestone Tavern business for sale in San Luis Obispo, California. Please complete, execute and return the attached NDA for P&Ls and lease information.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Interior
Fireplace No
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Listed by Mark Burnes Burnes Commercial Group mb.ccim@gmail.com, DRE #01361305
Nearby Schools & Businesses
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Elite Real Estate Group
Team