San Diego Restaurants For Sale
Long Established Rancho Bernardo area Cafe For Sale
This is a great Rancho Bernardo location in an extremely busy center with a dining area that's bright and comfortable. Tax returns show profits in each of the last two years!
Traffic count here is huge and with the corner location this restaurant has great visibility to attract new customers without even trying.
Rancho Bernardo has excellent upper middle income demographics and lots of disposable income!
The restaurant was built from the ground up by these original owners. They have been the owner operators for the past 14 years and with heavy hearts are now ready to hand it over to the next owners.
This restaurant has been reporting sales in the 250k per year range for each of the last three years.
Add in catering and specials events and you are looking at another 7-10k per month or nearly 100K!
Net income on their schedule “C” has been in the 30-37k per year range.
Beer and wine license is already in place.
Currently and since their grand opening 14 years ago, this has been a very well received Mediterranean/Greek style concept, so continue the current profitable operations or change it up to any concept that the landlord would approve, it is a great choice to have.
Location has a very nicely set up dining area inside and some outside seating for café style dining.
The immaculate kitchen is very well maintained and equipped everything you would need for nearly any restaurant concept you could imagine.
This restaurant space consists of approximately 1820 square feet inside and 250 square feet outside. Rent including NNN charges total $5743 per month.
Compared with other spaces in this and the surrounding centers you are below market rent.
Current lease term expires in December of 2015 with a five year option available.Landlord is ready to do a brand new lease.
If you are ready to hit the ground running at a profitable and popular Rancho Bernardo restaurant click on the “Sign NDA” button and go check out this outstanding opportunity.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Facilities
Highlights
- Great corner location
- profitable
- beer and wine license in place
- consistant sales of 250k -no advertising
- Rancho Bernardo-upper middle income area
- super busy center
- Lots of extra income with catering clients
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 48,638 | 195,200 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 20,263 | 66,455 |
| 2010 Persons Per Household | 2.33 | 2.78 |
| Median House Value | $491,300 | $539,408 |
| Income Per Household | $92,531 | $102,156 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,175 | 4,406 |
| 2012 Number Of Employees | 42,510 | 158,392 |
| 2012 Total Annual Payroll | $1,447,698,000 | $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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