Listing ID: RES-YNR

$949,000

Monterey Peninsula, California

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Well-established for 10+ years, Strong Profits, and Minimal Owner Involvement!

This well-established bar/restaurant is a fantastic opportunity for a qualified individual looking to own a turnkey, profitable business in a prime location. With over a decade of success, this business offers a loyal customer base and strong community presence. The current owner works just 4-6 hours a week, making it an ideal investment for someone seeking passive involvement or a hands-off operation.

Key Highlights:

+ Prime Location: Situated in one of the most sought-after areas, ensuring high foot traffic and visibility.

+ Turnkey Operation: Fully equipped and ready for operation, with everything in place for a smooth transition.

+ ABC Type 47 License: ABC Type 47 liquor license included, which allows for a full bar. This is extremely difficult to acquire in Monterey County.

+ Proven Track Record: A decade of profitability with a loyal customer base and great reviews.

+ Semi-Absentee Ownership: The current owner works only 4-6 hours per week, making this a great opportunity for someone looking to manage the business remotely or with minimal effort.

+ Team In Place: Great, established staff in place to keep things running smoothly.

+ Extra Dining Room: This is used for seating overflow and can be used for events.

Qualified restaurant and bar operators only. In addition to signing an NDA, a Buyer Qualification form must be completed to be considered a qualified candidate to receive information on this opportunity.

The current owner has other business ventures, which is the reason of the sale. 

Don’t miss out on this rare chance to acquire a successful business with significant growth potential in a thriving area!

Inventory is in addition to the business purchase price.  Typical inventory is estimated at $45,000 at cost.

Contact Carmel Business Sales today for more information.