San Diego Restaurants For Sale
Asian Restaurant Steakhouse w/Beer & Wine - SBA Loan Available - $$$
To Visit This Restaurant Please Select the Golden Button to the Left "Get Name/Address."
Are you looking for a profitable restaurant? Look no further here it is. 2015 Tax Return Revenue was $1.5 million with a profit over $400,000!
This highly profitable Steakhouse and sushi bar is in a location that's perfect for the continued success of the brand and concept. The rent factor in 2015 was only 6.9% with labor costs at only 16% and food costs at 29%.
Sales and profits for the last three years are all tax return verifiable and growing steadily.
This extremely popular concept has excellent online reviews and is one of the most popular dining options in the county.
High cost of build out into this concept creates a near monopoly for this restaurant with very few locations like it in San Diego.
Restaurant is located on a super busy road and in a very high traffic center.
Restaurant space is approximately 2,640 square feet. Current lease term expires in August 2019.
Base rent is a very reasonable $5517/month plus NNN of .35/ft all in rent of 6307/month has rent at 5 % of gross sales!
Total rent each for of past three years has been below 7% of gross sales.
Owners are raising capital for the expansion of their operations and have created this outstanding opportunity for you to step into a hugely profitable restaurant .
Cash is king but this is the type of business that the SBA loves to lend on.
Are you ready for a life changing restaurant experience, this could be the place for you.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
4:30-10 Dinner
Fri and Sat 11:30-11:00
Sun 12:30-10:00
Facilities
Highlights
- Big Volume
- Profitable-verify via tax return
- Busy Center
- Located on Super busy road
- Very little competition in San Diego
- Rent is less than 7% of sales for last three years
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 54,293 | 77,817 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 19,310 | 28,847 |
| 2010 Persons Per Household | 2.72 | 2.62 |
| Median House Value | $323,500 | $356,627 |
| Income Per Household | $71,100 | $69,948 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,086 | 1,417 |
| 2012 Number Of Employees | 25,086 | 28,756 |
| 2012 Total Annual Payroll | $428,449,000 | $480,636,000 |
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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