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#788
San Diego

Encinitas Beach Location; Casual Dining Menu with Outstanding BBQ & Burgers!

$95,000
Sold
Encinitas Beach Location; Casual Dining Menu with Outstanding BBQ & Burgers!
This Listing is Sold

If you've been searching for a North County beach location ... check this listing out, right on Hwy 101! The owners purchased this business in early 2007 as a business investment and is looking for an exit. The owners have installed a new parking lot and tons of clean up and TLC, painted, and all the repairs made to perform optimally. It is positioned for growth, and has lots of potential upside! This restaurant is located on Highway 101 in Encinitas with excellent dedicated roadside signage and great visibility to the building. Customers frequent this restaurant for its food quality, flavors and freshness delivered on a consistent basis. Best known for its burgers and hand pulled BBQ pork sandwiches, casual dining variety menu and a wide assortment of beer and wine to compliment a meal. Current avg. monthly gross sales are $27k, seeing positive increases monthly. Approximately 1,325 sf space, which includes an outside refrigeration/freezer unit. Plus, there is an outside area for additional seating. It also has a stand alone walk-in cooler and extra storage sheds outside for catering equipment/storage needs. Base rent is $3,000 per month or 6% of gross, whichever is higher. Lots of charm and character. The surrounding population is approximately 90,000 and can provide a great platform for your business. The key employees are in place and could be there to help jump start your new business.

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 Rob Tade DRE License #01339409

Lease

Region:
San Diego
Lease Term:
4yr remaining on 5 yr lease + 5 yr option
Total Monthly Rent:
$3,000
Security Deposit:
$3,000

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
14
# of Family Employees:
2
Hours Open:
11:30 to 9:00
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
120
Outdoor Seating:
20
Inside Sq. Ft.:
1325
Outside Sq. Ft.:
1500

Highlights

  • Casual Dining Or, Conversion Opportunity!
  • Purchased in early 2007, Cleaned up, Painted and Fixed Up
  • Lots of potential upside!
  • Encinitas Beach Location; Located on Highway 101
  • Excellent road side signage and great visibility
  • Monthly Gross Sales of $27k
  • Base rent is $3,000 per month for approx 1,300sf
  • Surrounding population is approximately 90,000
  • Nice clean building with ample dedicated parking
  • Entertainment on weekend nights
  • Beer and Wine License

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 49,449 104,375 142,992
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,649 39,281 57,627
2010 Persons Per Household 2.47 2.53 2.51
Median House Value $685,700 $674,971 $721,269
Income Per Household $90,960 $95,450 $96,966
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,314 3,668 5,775
2012 Number Of Employees 39,320 65,690 111,446
2012 Total Annual Payroll $749,158,000 $1,397,651,000 $2,449,154,000

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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