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#5329
San Diego

Restaurant on the BEACH! Ocean views, Beer & Wine Low Rent

$149,999
In Escrow

Go See This business by selecting this LINK!

Outstanding ocean views, Ocean front, steps from the sand, below market rent and a beach community that loves supporting local restaurants are just a few of the many reasons you will fall in love with this beautiful restaurant, and the price that can't be beat? That is just a bonus!.

It will be a joy coming to work everyday when you get to work in a restaurant this close to the ocean.

Located on the main thoroughfare running parallel to the Pacific Ocean, you are right where the high-end restaurants and popular restaurants are, the Brigantine, Sea 180, Filippi's pizza grotto, they all did their homework and came to this area to satisfy the demand that is building here.

If you were to design a restaurant yourself for a beach area location, this would be it.

Easy access from the main road, dedicated parking spaces in your building, street parking right in front of your place and nearby paid parking are all big perks for a beach area location.

Restaurant just opened in May of 2018 and did unbelievably well through their first summer averaging over 70k in gross sales for each of the first four months.

Full time owner operators could really cash in by expanding the hours, offering breakfast daily and lowering labor costs by being in the restaurant as full time operators.

Currently breakfast is only served on weekends, breakfast at the beach is a big hit that they are not capitalizing on.

Lots of interest in catering and special events, current operator is barely scraping the surface of these huge opportunities for a beach area restaurant.

With a full kitchen, a walk in cooler, an extra walk in cooler just for keg storage, a managers office and dedicated underground parking, this place really has it all.  

Go To www dot SellingRestaurants dot com to get the name and location. 

This is a turnkey operation where you could keep the same concept or switch out to your own idea and menu.

Either way you save huge by taking over an existing restaurant. Building this place out on your own would put you in the 250-300k range with 6-12 months of headaches wading through planning, permitting and construction.

You are getting half off here, a built out restaurant ready today and already have goodwill built up if you don’t change concepts.

The restaurant space is 3020 sq. feet inside and another 600 sq. feet of patio space. Base rent is $6000

and $1480 for CAM. All in rent for the space is just under $7500.

Current lease term expires May of 2024 with a 7 year option available.

Bargain priced, turnkey restaurant at the beach, you are going to love everything about this place, drop what you are doing and come see it today.

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:
expires May 2024 plus one (seven year) option
Total Monthly Rent:
$6,000

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
6
Hours Open:
Mon-Friday 4-10pm
Sat and Sun 9am-10pm
Year Established:
2018
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
90
Outdoor Seating:
40
# of Parking Spots:
40
Inside Sq. Ft.:
3020
Outside Sq. Ft.:
600

Highlights

  • ocean view, ocean front San Diego restaurant location
  • outstanding and large patio area
  • steps from the sand and pier
  • two bar areas
  • below market rent for a beach restaurant
  • dedicated parking (rare for beach) 40 spaces
  • beer and wine license in place
  • turn key-it
  • big opportunity to get in cheap and fast
  • restaurant can be separated for parties
  • special events/catering opportunities abound

Financing

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

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 0
2010 Persons Per Household
Median House Value $0
Income Per Household $0
Businesses 5-mi
2009 Number Of Businesses 0
2012 Number Of Employees 0
2012 Total Annual Payroll $0

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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