Upscale American Restaurant & Sports Bar-Full Liquor-Off-Track Betting

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Upscale American Restaurant & Sports Bar-Full Liquor-Off-Track Betting


Asking Price: $299,000

Asset Sale Description
Upscale American Restaurant & Sports Bar with Off-Track Betting

Discover a premier dining and entertainment experience at this newly remodeled upscale American restaurant and sports bar with 5,500 sq. ft. plus patio. Featuring fresh, high-quality cuisine, inspired cocktails, craft brews, and Central Coast wines. This vibrant venue offers an inviting atmosphere for casual diners, families, and avid sports fans. This restaurant was pleasantly remodeled at the end of 2024 with quality materials including new flooring, paint, seating, entertainment equipment, and more. Current sales are averaging $100,000 a month or more and increasing. They have 28 employees, including 2 managers.

Key highlights include:

Off-Track Betting (OTB) managed by the Horse Racing Association-WHICH IS OPTIONAL BUT Generates $12,000 Monthly net income.

Full liquor license with an extensive selection of 24 craft beers on tap
Spacious 5,500 sq. ft. interior accommodating 199 guests indoors and 50 on the outdoor patio.
Large bar area with ample seating and 40 TVs throughout for optimal sports viewing
Two beautifully furnished dining rooms, large bar, and a stylish outdoor patio
Well-equipped, high-volume kitchen designed for efficiency and seamless service.
Attractive Wine and Liquor Storage Room

Lease Terms: $19,000 monthly rent including $3,000 CAMS. The lease expires November 30, 2031.
This location was previously a franchise sports bar, however, the owner rebranded the restaurant in November 2024, offering an upscale take on the sports bar experience.

This turnkey opportunity presents an ideal setting for an entrepreneur or restaurateur looking to step into a fully operational, high-potential business. This is an asset sale. No financials are available except POS sales. Cash offers only, please.
Detailed Information
Years in Operation
1
Facilities & Assets
2-Walk-in coolers, 1 walk-in freezer, 1- beer cooler, ice machine, 4 refrigerated chefs drawers, 2 warm chefs drawers, 10 burner stove with 2 ovens, pizza oven, 4 fryers, 4ft flat grill, 4 ft charbroiler, 2 oil tanks, 4 ft salamander, 2 stackable ovens, 40 TV’s, video wall, projector, 2 tower racks for video & sound system, 4 POS stations, 2 handheld POS units, 24 tables, 80 chairs, 9 booths, communal table for 20 with 20 high top chairs, bar refrigerator with 3 swinging glass doors, 24 beers on tap, 2 glass chiller refrigerators, 2 bar wells with soda
About the Sale
Transition Support
Training is available
Seller Motivation
Other Interests
Listing Info
ID
2347167
Listing Views
628

Contact Seller

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Business Listed by: Teri Craft Berkshire Hathaway Commercial Division

Listing ID: 2347167 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.