11560 Los Osos Valley Road , #190

    San Luis Obispo, CA 93405
    • $375,000
    • STATUS: Active
    • ON SITE: 114 days
    • ID#: SC18203934
    UPDATED: 40 min ago
    $375,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    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 counterrefrigeration, 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 $160KLeasehold 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 valueGross Sales : $1,344,752

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-14T00:31:04.573. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.discoverslocountyrealestate.com/homes/86766056

    11560 Los Osos Valley Road , #190 San Luis Obispo, CA 93405

    • Price: $375,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: SC18203934
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    SLO - San Luis Obispo
    County:
    San Luis Obispo
    Area:
    SLO - San Luis Obispo
    Property Description
    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 counterrefrigeration, 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 $160KLeasehold 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 valueGross Sales : $1,344,752
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Type Restaurant Country Us Leasable Area 4605.00 Leasable Area Units Square Feet Number Of Full Time Employees 4 Number Of Part Time Employees 28 Year Established 1989

    Listing provided courtesy of Vivian Hanover of Vivian Hanover, Broker.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-14T00:31:04.573. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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