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#645
San Diego Restaurants For Sale

North County Oriental Fast Food or Conversion Opportunity

$50,000
Sold
North County Oriental Fast Food or Conversion Opportunity
This Listing is Sold
This restaurant is located in a neighborhood style strip center on a major throughfare in San Marcos with great Exposure!! This fast food restaurant location is 1000 Sq. ft. with the monthly base rent of $1,582 and CAM at $466. Seating for 40 guest, with a great take-out business. This restaurant needs a hands on operator to take this business to the next level. Owner is willing carry back a small percentage at the newly reduced price. Training provided in house and more training will also be provided at the company store. Owners want to spend more time with their new child.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
1.5 yrs remaining+2--3 yr options
Total Monthly Rent:
$1,582

Operations

Liquor License:
NA
# of Full-Time Employees:
1
# of Family Employees:
1
Hours Open:
11AM-7PM DAILY
Year Established:
1991
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
# of Parking Spots:
20
Inside Sq. Ft.:
1,000

Highlights

  • Established 15 Year Old Franchise System
  • Neighborhood Strip Center
  • Located on one of the busiest throughfares in San Marcos
  • 1000 SF; Small, Clean, & Simple to Operate
  • Plenty of Parking
  • 1.5 years left with 2 three year options available
  • Potential growth with good marketing plan for surrounding offices
  • Owners will carry back a secured note
  • Training provided in house, as well as through Franchise

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 46,308 186,612
Households 3-mi. 5-mi
2010 Number Of Households 15,990 62,369
2010 Persons Per Household 2.64 2.79
Median House Value $369,700 $450,944
Income Per Household $54,441 $66,771
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,011 4,930
2012 Number Of Employees 21,674 136,922
2012 Total Annual Payroll $465,560,000 $3,127,238,000

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, 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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