11560 Los Osos Valley Road

    San Luis Obispo, CA 93405
    • $650,000
    • STATUS: Active
    • ON SITE: 98 days
    • ID#: SP17255563
    UPDATED: 74 min ago
    $650,000
    • 0
      BEDS
    • 1.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Well established, attractive, turn-key Italian/Mediterranan restaurant in an excellent San Luis Obispo location with annual sales of 1.5 million. Established in 1989 and in its current location since 1999, there is seating for 175, a newly redone outdoor patio, and a banquet room with seating for 60. Interior is warm and inviting with several fireplaces, custom Teak tables, and both open spaces and room for semi-private occasions. Consistent income from in-house dining, bar (wine and beer), delivery service, catering, take-out, and banquet room. Landlord has made extensive capital improvements to the approximately 4900 square foot building. Ample parking. Current lease runs through 2031. Employee turnover is extremely low--average kitchen staff length of employment is 16 years and current management has been in place for 14 years. This is an ideal opportunity for an experienced owner/operator who is looking for a new situation or wants to relocate to the beautiful Central Coast. Information not verified.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-17T13:27:07.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.pismohomes.com/homes/78694339

    11560 Los Osos Valley Road San Luis Obispo, CA 93405

    • Price: $650,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: SP17255563
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.47
    Acres
    Neighborhood:
    SLO - San Luis Obispo
    County:
    San Luis Obispo
    Area:
    SLO - San Luis Obispo
    Property Description
    Well established, attractive, turn-key Italian/Mediterranan restaurant in an excellent San Luis Obispo location with annual sales of 1.5 million. Established in 1989 and in its current location since 1999, there is seating for 175, a newly redone outdoor patio, and a banquet room with seating for 60. Interior is warm and inviting with several fireplaces, custom Teak tables, and both open spaces and room for semi-private occasions. Consistent income from in-house dining, bar (wine and beer), delivery service, catering, take-out, and banquet room. Landlord has made extensive capital improvements to the approximately 4900 square foot building. Ample parking. Current lease runs through 2031. Employee turnover is extremely low--average kitchen staff length of employment is 16 years and current management has been in place for 14 years. This is an ideal opportunity for an experienced owner/operator who is looking for a new situation or wants to relocate to the beautiful Central Coast. Information not verified.
    Interior Features

    Building Features Phone System Seating Capacity 175

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Name Upper Crust Trattoria Business Type Restaurant Country Us Equipment Value 185000 Exclusions Paintings May Be Available On Consignment Hours Owner Works 20 Inclusions All FurnitureFixturesEquipmentInventory Inventory Value 15000 Leasable Area 4900.00 Leasable Area Units Square Feet Lease Renewal Option YN Yes Number Of Full Time Employees 5 Number Of Part Time Employees 30 Reason For Selling Retirement Total Actual Rent 12847.00 Year Established 1989 Years Current Owner 27

    Listing provided courtesy of Lisa Combs of San Luis Obispo Realty and Steve Delmartini of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-17T13:27:07.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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