Sotola Bar & Grill
Oceanfront Restaurant with Bar in Capitola, Santa Cruz County
Overview
Situated at the end of the Esplanade in Capitola, Sotola Bar and Grill has a spectacular ocean/beach view from its dining room and two outside patios. It has a ‘farm to table’ concept using produce from local farmers and fishermen. There is a separate bar with a type 47 ABC license adjoining the dining room. Total seating capacity is 85 and the business has become a popular venue for holiday and birthday parties and other special events. The lease with its options runs through January 2030 and has a reduced rent for the slower months of October through March. When the current owners acquired the business in 2018, they invested nearly $50,000 in a new kitchen floor, POS system and replacement of refrigerators and freezers. Now fully functional, the premises is secure and properly permitted. The current ownership owns three other restaurants in the area and runs Sotola on an absentee basis with managers. This is a great opportunity for an experienced restauranteur to own an oceanfront restaurant in a beautiful, affluent area. The sellers are offering financing for a qualified buyer.
The information was provided by the Seller of the business and independently verified by the Buyer. The subject business has been sold and is currently off the market. If you’re interested in selling your business, Bay Area Business Brokers is ready to help. We offer complimentary consultation and valuation.
Please let us know if you have any questions. You can reach us at (408) 246-3846 or babizbkr@gmail.com. We have been matching buyers and sellers since 1981. To view our current listings, please visit https://bayareabizbrokers.com/businesses-for-sale/.
