High Income-Landmark Beachside Santa Barbara Restaurant w/Full Liquor

Santa Barbara County, CA
beach
Sale Pending
Asking Price:$2,900,000
Gross Revenue:$3,812,076
Established Year:1997
Cash Flow:$749,965
FF&E:$80,000
BUSINESS DESCRIPTION

Spectaclur Restaurant & Bar with Spaciou Patios! Over $3.8M Annual Sales & High

Once-in-a-Lifetime Opportunity to Own an Established, High-Volume, Landmark Beachfront Restaurant with Full Liquor License!

This highly successful, turnkey restaurant has been a staple of the Santa Barbara beachfront for over 50 years. Offering breathtaking ocean views, it features a full liquor license, a covered outdoor patio, and year-round oceanfront dining. Guests enjoy breakfast, lunch, dinner, and cocktails, with an additional takeout snack bar for convenience.

A seamless and well-managed operation, the restaurant is fully staffed, including five managers, allowing the owner to work just 20 hours per week. Its prime, high-visibility location attracts both locals and tourists year-round, generating over $3.8 million in annual sales and over $725,000 net income.

The diverse menu includes burgers, sandwiches, salads, seafood, chicken, tacos, breakfast items, and more. The restaurant accommodates up to 180 guests across patio and beachfront seating areas. The spacious patio features 28 tables (with room for more), radiant heating for year-round comfort, and seasonal tarps for weather protection. Inside, a bar area offers counter seating.

The well-equipped, high-volume kitchen includes:
? Walk-in cooler & freezer
? Hooded cook line with griddle, grill, double fryer & 6-burner stovetop
? Three prep stations & refrigerated chef’s drawers
? Aloha POS system with 4 tablets
? Liquor storage, dishwashing area & bar with walk-up window
? Separate walk-up takeout window for food, beverages & ice cream
? Dedicated delivery area with a large storage shed

Recent upgrades include fresh paint, landscaping, plumbing, sewer lines, and floor drains. Additional amenities include a full security system, outdoor radiant heaters, a water filtration system, and a premium sound system. The sale includes all necessary equipment—blenders, coffee makers, ice machines, tables, chairs, bar stools, dinnerware, and more.

This is a rare opportunity to own a highly profitable beachfront restaurant in a prime Santa Barbara location.
SBA pre-approved for financing for a well-qualified restaurant operator with 10-20% cash down. Only experienced restaurant operators need inquire.

Listed for $2,900,000


DETAILED INFORMATION
Location
Santa Barbara County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,095
Lease Expiration
30/05/2029
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This 5,095 sq. ft. beachfront restaurant boasts a spacious covered patio and an expansive dining area on the sand, accommodating between 150 and 180 guests. The property is well-maintained and has been upgraded throughout, featuring fresh paint, newer plumbing, sewer, and drain lines. It comes fully equipped with a security system, alarm, and sound system. Additional amenities include a large storage shed and exclusive delivery access.
Competition
Annual revenue and income is increasing.
Growth & Expansion
Ability to open extended hours yearround.
Financing
SBA pre-approved for financing for an experienced and well-qualified restaurant opera
Support & Training
Training is available
Reason for Selling
Retirement
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Teri
Craft
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Teri Craft