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Listing 9 out of 17
$650,000 For Sale

11560 Los Osos Valley Road
San Luis Obispo, CA 93405



1.47 acre lot
Business Opportunity: Business Opportunity - MLS# SP17255563
Property Photo
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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.

Features

  • Property Type: Business Opportunity
  • Sub Type: Business Opportunity
  • Listing Status: Active
  • County/Area: San Luis Obispo County
  • Zip Code: 93405
  • Acres: 1.47 acre lot
  • Building Area Units: Square Feet
  • Building Features: Phone System
  • Business Name: Upper Crust Trattoria
  • Co-Listing Agent License: 00601891
  • Co-Listing Office License: 00577121
  • Country: US
  • Directions: Los Osos Valley Road and Madonna
  • Equipment Value: 185000
  • Inclusions: All furniture, fixtures, equipment, inventory
  • Inventory Value: 15000
  • Leasable Area: 4900.00
  • Leasable Area Units: Square Feet
  • Listing Agent License: 01988791
  • Listing Office License: 00577121
  • MLS: CRM
  • Seating Capacity: 175
  • Total Actual Rent: 12847.00
  • Year Established: 1989
  • Years Current Owner: 27
Courtesy of San Luis Obispo Realty, Lisa Combs
Lisa Combs
REALTOR®
(805) 636-0905
lisacombsrealestate@gmail.com
CalBRE #01988791

Steve Delmartini
REALTOR®, Broker Associate
(805) 801-5165
del@fix.net
CalBRE #00601891

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