High Income-Landmark Beachside Santa Barbara Restaurant w/Full Liquor
![beach](/biz/images/shared/listings/232/2325109/2cec42cc-c42f-4230-a29c-2a6a772b0fad-W768.jpg)
Asking Price: | $2,900,000 |
Gross Revenue: | $3,812,076 |
Established Year: | 1997 |
Cash Flow: | $749,965 |
FF&E: | $80,000 |
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