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#5030
San Diego

5 Day Cafe with Low Rent - Profit - High Desired Area!

$109,999
Sold
5 Day Cafe with Low Rent - Profit - High Desired Area!
This Listing is Sold

Go Visit This Business By Selecting the Button to the Left "Want Name/Address."

Outstanding breakfast and lunch café in heart of Sorrento Valley/ Mira Mesa business corridor.

The owners built this place out with plans to stay long term but family health issues have changed their plans. Deli/café is in near new condition as majority of the equipment was purchased and installed new in 2012 when the location was established.

Café/deli is very popular with local business employees and their online reviews verify that their customers love them.

High quality menu offerings draw and keep customers coming in a back for the next delicious special of the day.

Business is open Monday-Friday 8:30-2:30; be home by dinner every night if you keep the same hours!

Qualcomm campus is walking distance and catering is huge in this business district. Catering is largely untapped by current owners but with the economy improving local businesses are begging for good catering companies to supply them quality foods.

Sales for the past three years have averaged 125k per year and owner profits have been consistent at 47-48k yearly.

Kitchen is set up nicely with very well maintained equipment. Hoodless turbo chef oven, refrigerated prep table, induction burner all contribute to this well-designed kitchen.

Dining area is very nice and has seating for approximately 35 customers.

Café has a very noticeable corner location and a patio area with seating for another 20-30 customers.

Restaurant space is 1557 square feet with rent of only $1516. NNN charge is an additional 544 per month.

Lease expires in March of 2024.

Current owners have limited hours and are very happy with the results. If you are ready to take this great location to the next level it could be as simple as expanding the hours. Do you really want to see this location boom? Get to work on the enormous catering opportunity that you are already right in the middle of, add a coffee bar and smoothies, the opportunity to expand is huge and ready for you now! 

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego
Lease Term:
expires March 2024
Total Monthly Rent:
$1,516

Operations

# of Part-Time Employees:
2
# of Working Owners:
2
Hours Open:
M0n-Fri 8:30-2:30
Year Established:
2012

Facilities

Indoor Seating:
35
Outdoor Seating:
20
# of Parking Spots:
4
Inside Sq. Ft.:
1557
Outside Sq. Ft.:
300

Highlights

  • Deli/Cafe
  • High Tech business district
  • Cheap rent
  • easy operations
  • Mon-Friday operations

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 4,479 235,043
Households 3-mi. 5-mi
2010 Number Of Households 1,677 85,332
2010 Persons Per Household 2.49 2.55
Median House Value $569,000 $691,859
Income Per Household $104,063 $93,856
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,936 10,567
2012 Number Of Employees 195,686 400,398
2012 Total Annual Payroll $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

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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