Active

2879 Grand Avenue

Los Olivos CA, 93441

$5,900,000


$1,318.44 per sqft

Active

4,475 sqft

Commercial

Built in 1980

Courtesy of Robert Rauchhaus, Radius Commercial RE

*BUSINESS SALE WITH REAL ESTATE INCLUDED* Landmark restaurant, Los Olivos Wine Merchant, is for sale with its associated real estate. The restaurant and wine store is near the center of Los Olivos. The restaurant is not only a local area favorite, but known nationally because of its inclusion in the film Sideways. The profitable business is housed in a rustic +/-4,475sf building & is one of the largest restaurants in town. The building features ample seating & entertaining w/ a large main dining room, bar, private dining room & patio.The cafe has consistently been awarded as the best restaurant for wine since 2007. After nearly 30 years operating the restaurant, the owners are looking to retire, but they are willing to help ensure a smooth transition to new ownership. This business has been passively run, in great part due to its loyal & talented management/staff.A thorough Confidential Information Memorandum is available to qualified Buyers. Prospective buyers must execute an NDA and may need to show proof of financial qualification. The real estate will not be sold separately. Broker is happy to cooperate with other Brokers that are experienced in business sales, carry business E&O, know ABC processes, etc. For all others, Broker is willing to pay a referral fee.Prospective buyers are welcome to dine at the restaurant. Please do not discuss the business sale with management or staff, or engage in activities that could disrupt the experience of other guests

24001705

MLS ID

August 29, 2024

Listed

October 1, 2024

Updated

Map

2879 Grand Avenue
Los Olivos CA, 93441

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

38 - Santa Ynez Valley


Garage

No


View

No


County

Santa Barbara


Pool

No

Listed by Radius Commercial RE, Robert Rauchhaus,
Listing Contact: 8059655500 

© 2024 by the following Associations of REALTORS®: Lompoc Valley, Santa Maria and Santa Ynez Valley. All Rights Reserved.

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