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#467
San Diego

High Volume BAR-B-Q with beach location on 101

$200,000
Sold
High Volume BAR-B-Q with beach location on 101
This Listing is Sold
High Volume BAR-B-Q with beach location on 101
Authentic Southern BAR-B-Q restaurant with all the equipment i.e. J&R Little Red Smokehouse, Chit wood Gas Grill, two-door Alto Sham, Aloha POS system with back office and two terminals in front, and more. Located on busy Pacific Coast HWY near Moonlight Beach, this restaurant has enclosed outside patio, plenty of indoor seating, attractive fireplace and TVs scattered throughout restaurant. Great rent, $7600, 4500SQ.FT building with ample parking. A turn key operation and comes with a beer and wine license. Owner wants to retire!

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
San Diego
Lease Term:
1+ yr remaining + 5 yr option
Total Monthly Rent:
$7,600

Financials

Last Year's Annual Gross:
$760,796
Last Year's Owner's Cash Flow:
$52,000
Last Year's Food Cost %:
31.49
Last Year's Payroll Cost %:
18.18
Last Year's Rent %:
11.60

Operations

Liquor License:
41
# of Part-Time Employees:
11
Hours Open:
11:30 a.m. to 9 p.m. weekdays and 11:00 a.m. to 10 p.m. weekends. Closed Mondays
Year Established:
1975 approx.
Hood System Type 1:
Yes

Facilities

Indoor Seating:
140
# of Parking Spots:
30
Inside Sq. Ft.:
4500

Highlights

  • Free standing building with plenty of parking.
  • 4,500 Sq.Ft.
  • Price includes F-150 & Ford Van---used for catering.
  • Great Equipment!
  • Grow the business by expanding hours and days
  • Great authentic Southern Bar-B-Q
  • Many repeat customers
  • Owner ready to retire
  • Buy now before the summer rush!
  • Monthly Rent is $7,600
  • 6 Day operation should be 7
  • Great location on busy HWY 101, near beach

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 Paramount Restaurant Brokers, Inc. ("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.

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