$2,299,000

Long-Established Full-Service Restaurant with Liquor License

Full-Service Restaurant Santa Barbara Type-47 ABC License 2900 ft2

Complete NDA

This long-established, highly regarded full-service restaurant is located along a well-trafficked commercial corridor in a desirable coastal market. Founded decades ago, the business has operated continuously for decades, building substantial goodwill, a loyal local following, and strong brand recognition within the community. Its warm, classic interior and timeless ambiance continue to appeal to both long-time regulars and new guests seeking a familiar and welcoming dining experience.

The business benefits from an exceptional below-market lease, which is a rare advantage for a location of this caliber. The premises include a full kitchen, bar, and ample dining areas suitable for both consistent daily service and expanded programming. The restaurant has demonstrated steady customer volume, supporting reliable ongoing operations.

The business holds a full liquor license (unrestricted), which carries significant standalone market value and provides strong opportunities for revenue growth through an enhanced beverage program, private events, and extended evening service.

With decades of operational history, strong name recognition, and a loyal customer base, the restaurant is well positioned for both continuity and expansion. A new owner may choose to increase revenues through extended operating hours, an expanded bar program, refreshed marketing efforts, private events, or potential replication of the established concept—leveraging its long-standing reputation and proven appeal.

Given its combination of prime location, high goodwill, favorable lease terms, and valuable liquor license, this offering represents a compelling opportunity for an experienced operator or investor seeking a turnkey restaurant with meaningful upside potential.

For additional information, please contact Compass First.