This is purely a sales of furniture, fixtures, equipment and lease. No financial information will be given. This brand new restaurant must be immediately sold. Owners want out. Their loss is your gain. If you've been searching for a restaurant then check-out this restaurant. Equipment is barely a year old. Store looks brand new. Bring your concept in and go. It is located in the fast growing town center in Santee across from major large box retailers with heavy daytime traffic; industrial parks; office complexes; and other commercial traffic. Sale includes the paid franchise license ($20K fee) if the buyer wants to continue with the franchise. Alternatively, take advantage of the tenant improvements and equipment value of $160k for a possible conversion to your own concept. This location is in a 1,247 sf with 9 years remaining on the lease with a base rent of $4,455; plus $556 CAM. Add catering to all the businesses surrounding this restaurant location to boost sales. The key employees are in place and could be there to help jump start your new business, along with key management if desired. Take the next step and complete the online confidentiality agreement and you�ll be provided with the location address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities.
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:
9 years + two 5 year options
Total Monthly Rent:
$4,455
Operations
# of Full-Time Employees:
2
# of Part-Time Employees:
4
Hours Open:
Mon-Thurs 11-8
Fri and Sat 11-9
Sun 11-6
Highlights
- Huge price reduction
- Get into a turn key restaurant for 50K!
- All new equipment
- Owner say sell now!
- Fun festive decor package
- Located on main road through town center
- Nine year lease plus two five year options
- Huge catering potential
- Convert to your concept
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
54,293 |
77,817 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
19,310 |
28,847 |
2010 Persons Per Household |
2.72 |
2.62 |
Median House Value |
$323,500 |
$356,627 |
Income Per Household |
$71,100 |
$69,948 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,086 |
1,417 |
2012 Number Of Employees |
25,086 |
28,756 |
2012 Total Annual Payroll |
$428,449,000 |
$480,636,000 |
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.