SellingRestaurants is offering this well received La Jolla restaurant for sale. Surrounding demographics support local favorites like this in good times and bad. Offering outstanding Italian food for lunch and dinner this charming and well appointed restaurant is ready to go for its next owner.
The space has approximately 1800 square feet inside and another 800 square feet of outside dining area. Sales over the past 36 months have ranged from 18k per month to 35k per month, could be a goldmine with the right owner finding a way to consistently keep sales at the high end of the sales range.
Rent is $3,600 per month and landlord has expressed interest in negotiating a new lease with lower rent and a longer term. Continue with the current successful concept or bring in our own, this well equipped restaurant is turn key for a dedicated owner operator.
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General Information
Listing Status:
In Contract
Price:
$79,000
Location:
San Diego Restaurant for Sale
Last Year's Annual Gross:
$240,000
Lease Information:
New Lease
Monthly Rent:
$3,600
Liquor License:
41
Indoor Seating:
26
Outdoor Seating:
40
# of Part-Time Employees:
5
# of Full-Time Employees:
2
Hours Open:
Tues-Thurs 11-9
Friday 11-9:30
Sat and Sun 4:30 -9
Closed Mondays
Year Established:
2005
Inside Sq. Ft.:
1800
Hood System:
Yes
Highlights
Charming Italian restaurant
Local favorite
Nice outside dining area
Lots of room for large parties
Great location for Mexican/Greek foods
Beer and wine License Included
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. Selling Restaurants has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.
