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Long term established as an S Corp in 1989 with same owner since then, operating, profitable, excellent location, superb condition, quality FFE, amenities include long term favorable lease rate, utilized banquet room, strong established community branding with catering expansion opportunities. A complete turn-key operation. This beautifully designed and well-appointed restaurant of approx. 4605 square feet including banquet room, foyer and bar, locate in a busy shopping center . Seating capacity is approx. 180. There are quality and distinctive leasehold improvements which include intimate dining spaces including a fireplace, custom light fixtures, foyer, bar and back bar with wine rack, under counter refrigeration, 10 foot ceilings and more. All this adds up to an eclectic elegance which makes a perfect space for full service dining or even a more casual fast concept. Fully equipped and efficient kitchen with 10 burner, 12 foot type 1 hood and well executed line. 2 ADA bathrooms. Includes a type 41 transferable license. FFE valued at $160K Leasehold Improvements valued at $185,000. Employees : 32 includes 28 part time and 4 full time Owner active 40 hrs per week. Rent: $10,000.+ CAM/Utilities. Includes 4605 sq ft for dining & kitchen space, Term to 2031 includes 3 years + (2) Five year options to renew. Base rent - $2.50 per sq ft. Inventory $40,000. Included at wholesale value Gross Sales : $1,344,752

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Hello ,

thought you might be interested in the following property:

11560 Los Osos Valley Road #190

San Luis Obispo, CA 93405

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Hello ,

thought you might be interested in the following property:

11560 Los Osos Valley Road #190

San Luis Obispo, CA 93405

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11560 Los Osos Valley Road #190

San Luis Obispo, CA 93405

[GET DIRECTIONS]


Start: 

End: 

11560 Los Osos Valley Road #190

San Luis Obispo, CA 93405

$375,000

Listed On 08/21/2018

Status: Active

Listing #SC18203934 (CRMLS MLS)

LONDON PROPERTIES, LTD.

REALTOR® / Lic. #00463722

559.436.4071

info@londonproperties.com

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London


[GET DIRECTIONS]

11560 Los Osos Valley Road #190

San Luis Obispo, CA 93405

11560 Los Osos Valley Road #190

San Luis Obispo, CA 93405

[GET DIRECTIONS]


Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

$375,000 Status: Active Listing #SC18203934 (CRMLS MLS) Listed On 08/21/2018

Long term established as an S Corp in 1989 with same owner since then, operating, profitable, excellent location, superb condition, quality FFE, amenities include long term favorable lease rate, utilized banquet room, strong established community branding with catering expansion opportunities. A complete turn-key operation. This beautifully designed and well-appointed restaurant of approx. 4605 square feet including banquet room, foyer and bar, locate in a busy shopping center . Seating capacity is approx. 180. There are quality and distinctive leasehold improvements which include intimate dining spaces including a fireplace, custom light fixtures, foyer, bar and back bar with wine rack, under counter refrigeration, 10 foot ceilings and more. All this adds up to an eclectic elegance which makes a perfect space for full service dining or even a more casual fast concept. Fully equipped and efficient kitchen with 10 burner, 12 foot type 1 hood and well executed line. 2 ADA bathrooms. Includes a type 41 transferable license. FFE valued at $160K Leasehold Improvements valued at $185,000. Employees : 32 includes 28 part time and 4 full time Owner active 40 hrs per week. Rent: $10,000.+ CAM/Utilities. Includes 4605 sq ft for dining & kitchen space, Term to 2031 includes 3 years + (2) Five year options to renew. Base rent - $2.50 per sq ft. Inventory $40,000. Included at wholesale value Gross Sales : $1,344,752
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General Information
Property Type Business Opportunity Days On Market 246
APN 004 611 071 County San Luis Obispo
Directions Los Osos Valley Rd. and Madonna Rd.    
Property Type Business Opportunity
Days On Market 246
APN 004 611 071
County San Luis Obispo
Directions Los Osos Valley Rd. and Madonna Rd.

Nearby Amenities

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Nightlife

Shopping

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Cafes

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(906 Reviews)

Delis

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(856 Reviews)

Sushi Bars

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(1,157 Reviews)

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(1,336 Reviews)

American (New)

$$

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4.5 star rating

(626 Reviews)

Thai

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Old San Luis BBQ Co

4.5 star rating

(742 Reviews)

Barbeque

$

TASTE

4.5 star rating

(731 Reviews)

American (New)

$$

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4.0 star rating

(1,248 Reviews)

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4.0 star rating

(931 Reviews)

Tapas/Small Plates

$$

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(245 Reviews)

Coffee & Tea

$

Ciopinot

4.5 star rating

(502 Reviews)

Seafood

$$$

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4.0 star rating

(1,125 Reviews)

Seafood

$

Eureka!

4.0 star rating

(849 Reviews)

Burgers

$$

Kreuzberg Coffee Company

4.0 star rating

(695 Reviews)

Coffee & Tea

$$

Jaffa Cafe

4.5 star rating

(574 Reviews)

Greek

$

Giuseppe's Cucina Rustica

4.0 star rating

(705 Reviews)

Italian

$$

Las Delicias De Zacatecas

4.0 star rating

(223 Reviews)

Mexican

$$

Ascendo

4.5 star rating

(305 Reviews)

Coffee & Tea

$


Exterior
Spa No Pool No
Spa No
Pool No

Miscellaneous Data
REO/Bank Owned No    
REO/Bank Owned No

Courtesy of Vivian Hanover, Vivian Hanover, Broker

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

 

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