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Berkshire Hathaway HomeServices California Properties

972 Foothill Boulevard, San Luis Obispo, CA 93401

$950,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Mark Burnes | mb.ccim@gmail.com
Lic#: 01361305
Broker: Courtesy of Burnes Commercial Group
Phone: 805-556-0900

Co Listing Agent

Paul Swack | paulswack@gmail.com
Lic#: 02032510
Broker: Courtesy of Keller Williams Realty Santa Barbara

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: PI26022139

Price: $950,000

Rental Rate: $950,000

Lot Size:

County: San Luis Obispo

Last Updated: 6/11/2026

Days On Market (DOM): 179

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Lat/Long: 35.294432, -120.668767.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Take the reins of Milestone Tavern, a well-appointed, full-service, dine-in restaurant and pub situated in the heart of San Luis Obispo, California. This established business, which has been successfully operating since 2017, presents an excellent opportunity for an owner-operator to capitalize on its strong reputation and take it to the next level. The restaurant is housed in a spacious 5,650 square feet facility, strategically located in a highly visible area, attracting both locals and tourists alike. The business comes with a Class 47 Liquor License, allowing the new owner to continue serving a full bar menu to complement the restaurant's popular food offerings. Milestone Tavern currently employs a team of 31 dedicated staff members, ensuring smooth operations and impeccable customer service. The existing owners, who have had a successful run in the restaurant industry for three decades, are now looking to semi-retire. They are committed to providing as much training and support as the new owner needs to ensure a seamless transition. This is an excellent opportunity to acquire a thriving business with significant growth potential. The owners have laid a strong foundation, and with the right vision, the new owner can build upon this success. The asking price for this profitable venture is $950,000. Detailed financials and lease terms will be released upon the execution of the attached non-disclosure agreement (NDA). This is a rare opportunity to own a profitable and established restaurant business in the vibrant city of San Luis Obispo To get more information about this Milestone Tavern business for sale in San Luis Obispo, California. Please complete, execute and return the attached NDA for P&Ls and lease information.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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