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#646
San Diego Restaurants For Sale

Casual Dining Steakhouse with live entertainment

$180,000
Casual Dining Steakhouse with live entertainment
This Listing is Expired
If you're looking for an authentic Argentine parrillada (mixed grill), look no further.

Located in fast-growing Chula Vista, California, this beautifully and tastefully decorated restaurant is near it all. Highly visible on one of the busiest streets in the area, near the trolley line, the Chula Vista Mall, and heavy trade areas with a dense population of local residents. The opportunity for high customer volume is here.

This restaurant is also a destination for great authentic food, entertainment with dancing, live music and wine tasting. This restaurant serves only the best beef; only 8% of beef can earn the distinctive Certified Angus Beef � brand and this is one of only 100 locations is San Diego licensed to sell Certified Angus Beef�. Sale price includes a beer & wine license and an excellently created web site allowing customers to view food photos, make reservations, and check out the calendar of events.

This location is 2000 sf with a total monthly rent of $2160. Annual sales of $250k. The locations surrounding population is approximately 100,000 and can provide a great platform for your business if you take care of your existing loyal customers. The key to keeping the customers coming back has been the outstanding food quality and family style hospitality.

Take the next step and complete the online confidentiality agreement and you�ll be provided with the location address and other details about this opportunity. Also you will be given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities.
This is a Stone Path Brokerage Services DBA: selling restaurants San DiegoRob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
3 yrs Remaining + 7 yr Option
Total Monthly Rent:
$2,160

Financials

Last Year's Annual Gross:
$350,000

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
4
# of Family Employees:
1
Hours Open:
11-10P
Year Established:
1996
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
Inside Sq. Ft.:
2,000

Highlights

  • Authentic Argentine parrillada (mixed grill)
  • 2000 SF located in fast-growing Chula Vista
  • Highly visible on one of the busiest streets in the area
  • The opportunity for high customer volume is here
  • Destination for authentic food, entertainment with dancing, live music
  • $350k Avg. annual sales, family ran business
  • $2170 total monthly rent
  • Existing loyal customers and staff in place

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 76,881 160,671 318,692
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 26,063 50,685 94,859
2010 Persons Per Household 2.87 3.10 3.21
Median House Value $340,300 $318,245 $324,289
Income Per Household $54,056 $51,168 $56,194
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,466 2,762 4,709
2012 Number Of Employees 40,972 78,364 126,396
2012 Total Annual Payroll $828,552,000 $1,507,452,000 $2,268,487,000

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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