Shangri-La Restaurant, Bar & OASIS is for sale! Outstanding Design
Business Description
Shangri-La Restaurant, Bar & OASIS is for sale! Outstanding Design, Charm and Strong Goodwill
RRC#5361
Offered at $415,000
Location: Sacramento County
Annual Revenue: $2,070,651
Annual Cash Flow: Contact for Info
Listing Description:
THE ICONIC SHANGRI-LA IS FOR SALE — $415,000 including the Liquor License and Entertainment Permit!
Palm Springs Vibes. Outdoor Oasis. Incredible Bar. Endless Concept Potential and Strong Local Goodwill. Huge Event & Wedding Potential.
Shangri-La is an anchor restaurant, bar and gathering place within Old Town Fair Oaks, in the greater Sacramento area. The design of the restaurant and property is in a league of its own.
The owners built and designed this restaurant and stunning outdoor space from scratch and spent over $1,600,000 in 2017. The business did over $2.4 million in annual revenues in 2024 from the bar, restaurant and private event space.
Shangri-La is ~4000sf and is extraordinary with its indoor/outdoor environment that includes Bocce ball and places to lounge, as if you were on a tropical vacation!
The location is a large draw for events, groups, special occasions, weddings and more!
A new owner could significantly increase revenue by expanding hours to include lunch and weekend Brunch, or stay open later for bar business, as well as further tap into the profitable private event market.
A new owner can carry on the Shangri-La name and benefit from the ~12,000 Instagram followers, loyal customer base a 4.3 rating on Yelp with nearly 1000 reviews....or could pivot given the layout, size and assets are also ideally suited for a wide range of concepts — from a high-energy beer garden, social outdoor bar and restaurant, sports bar or cocktail destination to a completely new food-and-beverage concept.
The strong lease is assignable and has multiple options left totally 10 years after the current term ends.
The owner is turning the chapter to focus on professional design, and her talents are on full display at Shangri-La!
Reach out now, because at this price this location will attract a lot of buyer attention!
RRC#5361
Offered at $415,000
Location: Sacramento County
Annual Revenue: $2,070,651
Annual Cash Flow: Contact for Info
Listing Description:
THE ICONIC SHANGRI-LA IS FOR SALE — $415,000 including the Liquor License and Entertainment Permit!
Palm Springs Vibes. Outdoor Oasis. Incredible Bar. Endless Concept Potential and Strong Local Goodwill. Huge Event & Wedding Potential.
Shangri-La is an anchor restaurant, bar and gathering place within Old Town Fair Oaks, in the greater Sacramento area. The design of the restaurant and property is in a league of its own.
The owners built and designed this restaurant and stunning outdoor space from scratch and spent over $1,600,000 in 2017. The business did over $2.4 million in annual revenues in 2024 from the bar, restaurant and private event space.
Shangri-La is ~4000sf and is extraordinary with its indoor/outdoor environment that includes Bocce ball and places to lounge, as if you were on a tropical vacation!
The location is a large draw for events, groups, special occasions, weddings and more!
A new owner could significantly increase revenue by expanding hours to include lunch and weekend Brunch, or stay open later for bar business, as well as further tap into the profitable private event market.
A new owner can carry on the Shangri-La name and benefit from the ~12,000 Instagram followers, loyal customer base a 4.3 rating on Yelp with nearly 1000 reviews....or could pivot given the layout, size and assets are also ideally suited for a wide range of concepts — from a high-energy beer garden, social outdoor bar and restaurant, sports bar or cocktail destination to a completely new food-and-beverage concept.
The strong lease is assignable and has multiple options left totally 10 years after the current term ends.
The owner is turning the chapter to focus on professional design, and her talents are on full display at Shangri-La!
Reach out now, because at this price this location will attract a lot of buyer attention!
About the Business
- Years in Operation
- 9
- Website
- Show Website URL
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $9,000 per month
About the Sale
- Seller Motivation
- Other Career
Listing Info
- ID
- 2545328
- Listing Views
- 17
Business Location
Listing ID: 2545328 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.
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