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#860
San Diego Restaurants For Sale

Quick Serve Asian, Established 12 years

$69,000
Quick Serve Asian, Established 12 years
This Listing is Expired
Quick Serve Asian in the Miramar Area! Or, Conversion Opportunity! Located in the heart of the Miramar area; extremely heavy daytime population, in a busy strip center. If you�re looking for a �turn-key� restaurant opportunity with an established customer base, great food, and lots of potential upside check this listing out. This location has current avg. annual gross sales of $139k in a 1,400 sf space, monthly base rent is $3,445 and approx $660 for CAM (Common Area Maintenance) charges. This location is a busy Miramar strip center with over 12 years of established traffic for quick serve Asian food.

Take the next step and complete the online confidentiality agreement and you�ll be provided with the location address. Also, you will be 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:
7 years remining+ 5 year option
Total Monthly Rent:
$3,800
Security Deposit:
$4,142

Financials

Last Year's Annual Gross:
$127,781
Last Year's Owner's Cash Flow:
$6,345
Last Year's Food Cost %:
25.5
Last Year's Payroll Cost %:
15.0
Last Year's Rent %:
40.

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
1
Hours Open:
10:30-9PM - 6 Days
Year Established:
1994
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
Outdoor Seating:
15
Inside Sq. Ft.:
1,378
Outside Sq. Ft.:
500

Highlights

  • Quick Serve Asian in the Miramar Area! Or, Conversion Opportunity!
  • Extremely heavy daytime population
  • Busy strip center
  • Plenty of Front In Parking for Take Away Dining
  • Annual gross sales of $139k
  • 1,378 sf / $3,445 Base Rent / $660 CAM / 4% Annual Increases
  • Conversion Opportunity. Potential conflicts; Pizza, Subs, Indian
  • Over 12 years of established traffic for quick serve Asian food
  • Tax Returns Available

Financing

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

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, 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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