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#3523
San Diego Restaurants For Sale

Profitable, high traffic convenience market, huge margins

$99,998
Profitable, high traffic convenience market, huge margins
This Listing is Expired

Here is your opportunity to own a convenience market in one of the most convenient places you could imagine. Located in a high foot traffic area with a premium location, what more could you want for this type of business.

Owner has spent the last three years improving and perfecting the offerings at this prime location. Majority of items sold are extremely profitable and highly marked up. All the usual easy and high demand items are available here, Lottery, coffee,sundries and large variety of drinks to name a few. In addition to the usual items this location offers a great variety of candies and specialty items that have mark ups that you have to see to believe.

Owner states and can show consistent monthly bottom line net profit of  5 k per month, month in and month out. This is with a part time owner operator. If you really want to swell the bottom line, you simply need to work the location yourself or with family members. Every dollar you save in labor is another dollar in your pocket.

Gross sales, which do not even include the Lottery, are approximately 15k per month. Lottery adds another 10-11k of super easy money.

This place is a gold mine.

Rent is only $2331 per month and includes all the utilities except for phone and internet. Approximately three years remain on the lease with possible extensions available.

If you are ready to jump right in to a money making business sign the confidentiality agreement and go check this place out.

Go now before the opportunity is lost.

Another quality listing brought to you by Stone Path Brokerage: Dba Selling Restaurants San Diego. 

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires 2014 extensions may be available
Total Monthly Rent:
$2,332

Financials

Last Year's Annual Gross:
$161,166
Last Year's Owner's Cash Flow:
$61,523

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
Daily 9am-9pm
Year Established:
1998

Facilities

Outdoor Seating:
100
Inside Sq. Ft.:
453

Highlights

  • Huge mark up on goods sold-100% plus on most items!i
  • High traffic-first stop location in a MALL food court
  • Cheap rent-all utilites included except phone and internet
  • Great visibility-you can
  • Owner stated 5k plus profits per month!
  • Owner currently works here part time
  • Increase profits by simply working the location
  • It at the Mall customers come to you!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 38,080 151,919 354,674
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,998 58,828 128,758
2010 Persons Per Household 2.21 2.52 2.67
Median House Value $344,600 $399,806 $387,199
Income Per Household $51,694 $56,402 $58,328
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,145 4,089 7,232
2012 Number Of Employees 33,560 103,362 171,272
2012 Total Annual Payroll $757,724,000 $2,070,709,000 $3,349,405,000

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, 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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