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Investment Opportunity: High Foot Traffic Location in the Heart of Downtown Santa Cruz

Santa Cruz, California
249,000
A premier turn-key acquisition opportunity in the vibrant heart of downtown Santa Cruz. As the only dedicated sports bar in a rapidly developing coastal corridor, the establishment benefits from high foot traffic, an established live music permit, and a desirable outdoor seating area. This recently remodeled facility includes all essential components for immediate operational success, including a Type 41 Beer & Wine license from the California Department of Alcoholic Beverage Control (ABC).

The acquisition includes the existing brand identity, proprietary menu, and institutional goodwill. The location boasts a distinguished 32-year history as a cornerstone of the local hospitality scene, characterized by low turnover and a loyal demographic of neighborhood regulars. This continuity ensures a stable revenue stream for the incoming owner from the very first day of operations.

The immediate surrounding area is undergoing significant densification, with several high-rise residential developments and a new hotel situated within a 5-minute walking radius. This growth places thousands of potential patrons within immediate proximity, supplementing the consistent influx of tourists seeking a premier sports viewing destination.

While the owner typically maintains assets for a four-to-five-year cycle, a personal health matter necessitates an early departure. This creates a rare opening for an investor to acquire a renovated asset prior to the high-volume summer season. With a favorable lease in place and a strategic location in one of the region’s most desirable coastal markets, this establishment is poised for continued growth and robust financial performance.

Facility specifications and amenities can be provided upon request.

Contact Carmel Business Sales today for more information.

Seller financing is available.

Listing Information

The acquisition includes the existing brand identity, proprietary menu, and institutional goodwill. The location boasts a distinguished 32-year history as a cornerstone of the local hospitality scene, characterized by low turnover and a loyal demographic of neighborhood regulars. This continuity ensures a stable revenue stream for the incoming owner from the very first day of operations.

The immediate surrounding area is undergoing significant densification, with several high-rise residential developments and a new hotel situated within a 5-minute walking radius. This growth places thousands of potential patrons within immediate proximity, supplementing the consistent influx of tourists seeking a premier sports viewing destination.

While the owner typically maintains assets for a four-to-five-year cycle, a personal health matter necessitates an early departure. This creates a rare opening for an investor to acquire a renovated asset prior to the high-volume summer season. With a favorable lease in place and a strategic location in one of the region’s most desirable coastal markets, this establishment is poised for continued growth and robust financial performance.

Facility specifications and amenities can be provided upon request.

Contact Carmel Business Sales today for more information.

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