San Luis Obispo Restaurants For Sale
New, Fresh & Profitable Restaurant Concept - Growing - Beer & Wine
This restaurant was opened earlier this year and the owner has seen sales steadily increase ever since. Sales currently are about $62,000 a month - November 2014. This was a new concept for not only the area, but also for the owner and the success shows-up in the numbers.
WHY SELL?: THE CONCEPT: He's truly built a great concept that runs itself if you like and that has legs to travel to other areas. Recipes documented, the kitchen staff are trained and the restaurant's format is clean, smart, very comfortable and easy to maintain. All booth seating!
GROWING THE BUSINESS: The owner has done some interesting experiments with this concept. He added some tacos using his flavorful food base, which isn't Mexican by the way, and he hit a homerun! You can even try burritos with this unique style and flavor of food and keep hitting the ball out of the park. He's bring-on a new flavor in tacos that will surely be copied. So get this baby first and become the center-piece with lines out the door.
THE FOOD: I have eaten at this restaurant and found the food to be great and unique to this area. It was fresh and flavorful, and for those who know me, I'm a tough critic! This concept has legs to travel to other areas with the right investors.
LEASE: There are 4,480 Sq. Ft. with a banquet room for private parties. The base rent starting January will be $6,048. That's only $1.35 Sq. Ft. for a prime location major college town center.
You can continue the owner's success without the debt burden and grow this business as it should be. The owner states that a working owner ought to net $10,000 - $12,000 a month with the current sales. Buyer must verify this information and the broker has not verified it. All I can say is the food was great and he's on to a new and exciting flavor to the area.
All sales and profits displayed in this ad are annualized amounts using the last monthly sales and costs from the owner as this is a new concept without a one year history or financials to use.
Please go to SellingRestaurants dot com to get the name and address of this business.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000
Lease
Financials
Operations
Facilities
Highlights
- Great New and Fresh Quick Serve Concept
- Growing Each Month to Over $60,000 as of Oct 2014
- All Recipes Documents
- All Cooks Trained
- Great Street View Location
- New Dining Room
- Large Crowds on Taco Night
- Expand Menu to a bit Mexican Slant Using These Exciting Spicy Flavors
- Sales and Profit are Annualized Using Latest Month's History
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 28,905 |
| Households | 5-mi |
| 2010 Number Of Households | 12,499 |
| 2010 Persons Per Household | 2.20 |
| Median House Value | $545,400 |
| Income Per Household | $52,730 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 2,001 |
| 2012 Number Of Employees | 55,816 |
| 2012 Total Annual Payroll | $1,407,544,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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.