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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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972 Foothill Boulevard, San Luis Obispo – $950,000

  • $950k Price
  • 43 DOM
  • $950k Price
  • 43 DOM

972 Foothill Boulevard

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.

Essential Information

  • MLS® #PI26022139
  • Price$950,000
  • Bathrooms0.00
  • Acres0.00
  • TypeBusiness Opportunity
  • StatusActive

Community Information

  • Address972 Foothill Boulevard
  • AreaSLO - San Luis Obispo
  • CitySan Luis Obispo
  • CountySan Luis Obispo
  • Zip Code93401

Additional Information

  • Date ListedJanuary 30th, 2026
  • Days on Market43

Listing Details

  • AgentMark Burnes
  • OfficeBurnes Commercial Group
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Mark Burnes, Burnes Commercial Group.

Based on information from California Regional Multiple Listing Service, Inc. as of March 20th, 2026 at 9:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.