#2138
San Diego Restaurants For Sale
San Diego Restaurants For Sale
Beautiful Cafe with SUPER location-New lease possible
$69,000
A newly remodeled restaurant with all new equipment just waiting for a motivated owner to capitalize on the opportunity to own this remarkable and beautiful restaurant.
Sellers have spent close to $400k decorating, planning, permitting and upgrading this restaurant with amenities such as granite counter tops and tile floors. Now it can be yours after having all the hard and expensive work done for you. Located in the Golden Triangle/UTC area with a great mix of office, commercial, retail and residential customers at your doorstep. Directly across from the UTC shopping mall and minutes from the UCSD campus there are plenty of affluent customers to draw from. In a center specializing in food, it is the place to be when looking to locate a restaurant. The restaurant has 2,495 square feet of inside space and another 1,000 square feet of relaxed patio dining. Current lease runs through July of 2018. Base rent is 9869 per month. Landlord is currently considering rent reduction, with a stong new tenant may do a new lease. Currently only open for breakfast and lunch, doing 35-40k/month.
When previous owners were serving lunch and dinner tax returns showed them consistently doing over 600k per year. If you add dinner to the very successful breakfast and lunch business current owners are doing, this place becomes a gold mine. Continue with the current concept or bring your own, this location lends itself to a variety of different ideas, is one of them yours?
For pictures, full listing details and the address please click one of the orange buttons below.
click for more demographic info
Sellers have spent close to $400k decorating, planning, permitting and upgrading this restaurant with amenities such as granite counter tops and tile floors. Now it can be yours after having all the hard and expensive work done for you. Located in the Golden Triangle/UTC area with a great mix of office, commercial, retail and residential customers at your doorstep. Directly across from the UTC shopping mall and minutes from the UCSD campus there are plenty of affluent customers to draw from. In a center specializing in food, it is the place to be when looking to locate a restaurant. The restaurant has 2,495 square feet of inside space and another 1,000 square feet of relaxed patio dining. Current lease runs through July of 2018. Base rent is 9869 per month. Landlord is currently considering rent reduction, with a stong new tenant may do a new lease. Currently only open for breakfast and lunch, doing 35-40k/month.
When previous owners were serving lunch and dinner tax returns showed them consistently doing over 600k per year. If you add dinner to the very successful breakfast and lunch business current owners are doing, this place becomes a gold mine. Continue with the current concept or bring your own, this location lends itself to a variety of different ideas, is one of them yours?
For pictures, full listing details and the address please click one of the orange buttons below.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
San Diego Restaurants For Sale
Lease Term:
New lease available at market rates
Total Monthly Rent:
$9,869
Operations
# of Full-Time Employees:
3
# of Part-Time Employees:
4
# of Family Employees:
2
Hours Open:
7-2:30 Daily
Year Established:
2003
Hood System Type 1:
Yes
Facilities
Indoor Seating:
60
Outdoor Seating:
64
# of Parking Spots:
100
Inside Sq. Ft.:
2,495
Outside Sq. Ft.:
1000
Highlights
- New lease for space a possibility
- Inside and outside dining, lots of room for both
- Located in very affluent golden triangle area
- Right across from UTC mall
- Just off busy street
- Easy freeway access
- Expand to include dinner and watch sales explode
- Keep current concept
- Bring your own concept
Financing
Will SBA Finance:
No
Will Seller Lend To Buyer:
No
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 46,662 | 139,478 | 238,512 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 19,725 | 57,895 | 99,419 |
| 2010 Persons Per Household | 2.20 | 2.29 | 2.28 |
| Median House Value | $576,200 | $658,397 | $625,702 |
| Income Per Household | $65,871 | $75,344 | $70,291 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,206 | 4,737 | 11,249 |
| 2012 Number Of Employees | 37,098 | 120,814 | 427,926 |
| 2012 Total Annual Payroll | $1,335,664,000 | $3,720,456,000 | $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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