972 Foothill Boulevard | Image 1
New
972 Foothill Boulevard | Image 2
972 Foothill Boulevard | Image 3
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972 Foothill Boulevard | Image 5

$950,000

2 days ago

0 Bed

0 Bath

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MLS® PI26022139

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Business Opportunity
Size -
Garage No
HOA Fees 
Taxes 
Days Active 2
Approx. Age 
MLS® Number PI26022139

Property Address: 972 Foothill Boulevard, San Luis Obispo, CA, 93401

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberPI26022139
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$950,000List Price
  • Commute

Commute

Starting Address
Destination Address
972 Foothill Boulevard, San Luis Obispo, CA

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