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#4270
San Diego Restaurants For Sale

Hillcreast Bar and Restaurant For Sale

$249,999
Sold
Hillcreast Bar and Restaurant For Sale
This Listing is Sold

Here it is the location you have been searching for.

Outstanding Hillcrest restaurant and bar location with full liquor license.

Huge patio area and a very nice long bar area.

Sellers recently constructed the kitchen and it is ready for just about any concept. Is one of them yours?

If you have been looking to get into a super busy area this is your chance.

Step right in to a restaurant/bar where the sellers have done all the time consuming (nearly one year) and expensive (300K) part of building out a location.  Reap the rewards of having had them do the work for you and get a huge discount on top of it all.

The back patio area is the ideal outdoor space and perfect for this type of gathering space.

Restaurants up and down the block are standing room only with huge wait times, bring your concept to this very popular and densely populated neighborhood and satisfy the demand for good food, drinks and a hip place to hang out.

Demographics are ideal for mid-priced meals and drinks. The area is begging for more restaurants and bars do you have the next hot idea?

Kitchen is well equipped with hood and new fire suppression system, grease trap, and all the equipment you will need to prepare for nearly any concept you can imagine.

Video surveillance and a Micros POS system keep track of your investment and help keep your employees honest and costs down..

Current sales are averaging 35k per month, the location is right; just needs a push in the right direction from an experieced and dedicated operator.

Revamp of current concept or a complete change out for something new and fresh, choice is yours.

Total enclosed space for this restaurant and bar is 4500 square feet.

You get 1500 of inside square feet and 3000 square feet of great outdoor patio area.

Rent is $5,000 per month plus NNN of approximately $500

Current lease term expires in December of 2016 with options available for additional term. With the right tenant the landlord may be willing to negotiate a brand new lease.

If you are looking in the Hillcrest or adjoining areas this could be the place for you, saving you big $ and endless aggravation vs. building out a space on your own. 

Please visit our website at SellingRestaurants.com to get the name and location of this restaurant. 

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

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires Dec 2016 with options or new lease available
Total Monthly Rent:
$5,000

Operations

Liquor License:
47
# of Full-Time Employees:
1
# of Part-Time Employees:
5
Hours Open:
Daily 11:30a-10:00pm
Year Established:
2012
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
60
Inside Sq. Ft.:
1,500
Outside Sq. Ft.:
3000

Highlights

  • high traffic Hillcrest location
  • Full liquor license in place
  • Newly built out
  • great bar area
  • huge patio area
  • full kitchen

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 31,997 191,819 530,192
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 17,827 96,767 214,897
2010 Persons Per Household 1.70 1.84 2.33
Median House Value $546,800 $445,973 $455,749
Income Per Household $62,092 $55,371 $54,328
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,637 10,616 18,841
2012 Number Of Employees 42,816 346,470 704,220
2012 Total Annual Payroll $1,085,825,000 $4,294,967,295 $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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