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#2233
San Diego Restaurants For Sale

Premier sushi location in Carlsbad

$389,000
In Escrow
Premier sushi location in Carlsbad



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SellingRestaurants is proud to present this Premiere sushi location in the north county coastal area. Surrounded by the affluent areas of Carlsbad, Encinitas, Rancho Santé Fe and the Pacific Ocean, this is a beautiful turn-key restaurant. If you have dreamed of running your own sushi restaurant now is your chance. This place is a must see.

Three separate dining areas allow for traditional, chic and global and soothing themes to an afternoon lunch or evening of dining pleasure. No detail is too small to have been attended to in this gem of a sushi restaurant. You will be impressed.
Location is just off of highway 5, minutes from the ocean. Plenty of dedicated parking, which in this area is always at a premium.

Sales in 2009 were approximately $1.2 million dollars with an owner provided profit and loss statements showing net income of $133k. This is a place you can come to immediately and be making money, serious money right now.

The space in a manageable 4200 square feet that are easily separated to allow for special event dining, catering etc. Rent is 6186 per month with CAM of approximately 2900. The CAM includes gas and electric and water. Pull out your utilities from the CAM and you are under $2.00 per square foot in Carlsbad! Current term of lease expires in June of 2011 with two five year options available.

If you are looking for a high volume, profitable sushi restaurant you just found it.

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

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
expires 6/1/2011 plus two five year options
Total Monthly Rent:
$6,186
Security Deposit:
$5,000

Financials

Last Year's Annual Gross:
$1,173,191
Last Year's Owner's Cash Flow:
$133,120
Last Year's Food Cost %:
27.36
Last Year's Payroll Cost %:
33.8
Last Year's Rent %:
10.9
EBITDA:
$136,586

Operations

Liquor License:
41
# of Full-Time Employees:
10
# of Part-Time Employees:
12
Hours Open:
11:30-2:30 lunch
5:00-10:00 dinner

daily
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
120
# of Parking Spots:
100
Inside Sq. Ft.:
4,200

Highlights

  • North county coastal sushi
  • easy freeway access
  • located in very affluent area
  • three seperate themed dining areas
  • beautiful Japanese decor through out
  • Unmatched Sake selection
  • Ocean views
  • Million plus in gross sales
  • Profitable

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 27,494 43,363 191,156
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,600 17,060 70,726
2010 Persons Per Household 2.33 2.42 2.57
Median House Value $615,200 $573,274 $467,259
Income Per Household $63,449 $72,080 $65,569
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,094 2,493 6,237
2012 Number Of Employees 82,356 93,684 206,132
2012 Total Annual Payroll $2,372,582,000 $2,826,684,000 $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, forward 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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