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#4063
San Diego Restaurants For Sale

Gaslamp District - Restaurant-Food Court Location For Sale

$90,000
Gaslamp District - Restaurant-Food Court Location For Sale
This Listing is Expired

This restaurant has an outstanding mall location. The restaurant is located one of the heaviest foot traffic malls in the city of San Diego.

Right in the heart of the downtown San Diego gaslamp district and walking distance from Petco park, Seaport village and the convention center.

Location has great visibility from all over the mall, signage is a big draw.

They sell super high margin items, hot dogs, fries, corn dogs, salads and slushies at high end Mall prices!

Food cost is outstanding.

Seller paid nearly three times as much as he is asking for this location just a few years ago.

Location has a very small footprint so it is extremely easy to operate.

Kitchen has it all with a hood/ ehaust system, deep fryer,grill, oven and cold storage.

Yearly gross sales have consistently been in the 250-288k range as the economy improves sales will likely trend upwards.

Seller states net income of approximately 50k per year.

The total rent on this space is $5473 per month.

Don’t panic though; the rent includes all of the following: A/C, water, sewer, fire, parking, food court access for customer dining and even the mall advertising and marketing campaigns.

You are getting a big bang for your rental dollar here.  

Are you ready to open up where you are nearly guaranteed to have customers streaming by your storefront? This restaurant is the place for you.

Listing brought to you by Stone Path Brokerage Services 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 July 2015 with option availalbe
Total Monthly Rent:
$4,903

Operations

# of Part-Time Employees:
4
# of Family Employees:
1
Hours Open:
11:30-7:30 daily
Year Established:
2009
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
377

Highlights

  • Great Downtown San Diego Location
  • Part of the Food court
  • Plenty of common area seating
  • Easy operations
  • Good visibility
  • Near many major San Diego landmarks
  • customers come to you!
  • Super high margin items
  • Super low COGS

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,318 66,417 355,261
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,599 38,447 151,879
2010 Persons Per Household 1.47 1.58 2.19
Median House Value $448,700 $493,942 $479,053
Income Per Household $52,550 $56,946 $55,375
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 3,848 5,592 13,566
2012 Number Of Employees 134,300 179,678 427,386
2012 Total Annual Payroll $3,347,327,000 $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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