Iconic Local Bar & Restaurant in a Prime High Foot Traffic Location

Listing ID: RES-ABM

$1,195,000

Cash Flow: 400000

Monterey Peninsula, California

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Discover an incredible opportunity to own a well-established and thriving bar and restaurant located in a prime, high-traffic area on the beautiful Monterey Peninsula. This beloved establishment is known for its lively atmosphere, popular theme nights, vibrant bar, and a full menu that keeps customers coming back.

This bar and restaurant features a fully equipped kitchen, spacious dining area, full bar, and outdoor patio seating. It holds an ABC Type 47 full liquor license. Licenses and permits that allow extended hours, music, and full liquor with bar are extremely scarce and difficult to obtain. The business is set up and ready for a new owner to step in and continue the success without missing a beat.

This is a rare opportunity just waiting for a qualified restaurant/bar operator. Don't miss out on owning a well-known and beloved establishment in one of California’s most beautiful coastal destinations.

Inventory is in addition to the business purchase price.  Typical inventory is estimated at $7,000 at cost.

Please note, confidentiality is crucial to the current owners. Buyers are required to sign an NDA and must fill out a buyer qualification form before any details are disclosed.

Contact Carmel Business Sales today for more information.

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