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Listing #4006

Profitable-San Diego Area Breakfast and Lunch Business For Sale. Great lease! Seller financing!

Price: $179,999
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Here it is, your opportunity to own a restaurant that is profitable and yet still gets you home in time for dinner every night. Want to work through dinner? Even better, make even more money, this is the place for you too!

Seller may even finance some of the purchase price!

Restaurant is currently only open for breakfast and lunch. This is a long established local favorite that put simply, IS EASY MONEY!

Read the reviews or come in and see for yourself, this place is packed and the customers love it!

They are open for table service breakfast,run by experienced staff members and then counter service lunch. Restaurant/Café closes at 4:00pm Mon-Saturday and 2:00 on Sunday.

Sales for 2012 were $380,323 with a net profit of $53,338.

Sales for 2013 were 404,177 with net income of $56,757 with a part time owner running the place!

Owner works a very light 33 hours per week. If you are a hands on kind of operator you could easily save thousands in labor, and substantially increase the bottom line.

Want to work more than part time? Simply open up for dinner and work a little longer. Close at 7:00 if you don’t want to be open too late.  Huge opportunity for sales growth if you want it.

 If you are happy working part time and making 60k plus do nothing differently, you are good to go.

How profitable do you want your restaurant business to be?  

Restaurant is located on a high traffic street near residential, several schools and lots of retail.  Starbucks, Sprouts and many other popular customer draws are your immediate neighbors.

Restaurant has been recently remodeled. Inside there is a comfortable diner style feel and outside there is a nice covered patio with a café feel to it.

Restaurant space is approximately 1800 square feet inside and another 600 Square feet outside. Total rent including NNN is only $3300 per month.

With this rent you are at 10% of gross sales as your rent factor, ask any successful restaurateur this will leave lots of room for cash to flow to the bottom line. Three years remain with two five year options so you will have it made for quite some time.   

Come see if this is the place you have been looking for. The location is great, the concept is perfect and the numbers are right!

Another quality listing brought to you by Stone Path Brokerage Services Inc. DBA Selling Restaurants San Diego.

a Stone Path Brokerage Services DBA Selling restaurants San Diego Listing


General Information Highlights
Listing Status: Available
Price: $179,999
Location: San Diego
Last Year's Annual Gross: $404,177
Last Year's Owner's Cash Flow: $56,757
Lease Information: Lease expires August 2016 with (two) five year options
Monthly Rent: $3,300
Indoor Seating: 35
Outdoor Seating: 35
# of Part-Time Employees: 8
# of Full-Time Employees: 1
Hours Open: Mon-Fri 6-4 Sat 7-4 Sun 7-2
Year Established: 1991
Inside Sq. Ft.: 1800
Outside Sq. Ft.: 600
Hood System Type 1: Yes
Hood System Type 2: No
General Information Highlights

  • Busy area and location

  • Profitable

  • Big potential to expand profits

  • Great rent -3300/month including NNN

  • recent remodel

  • nice covered patio area

  • four dedicated employee parking spaces

  • owner works part time

 
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Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.



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