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#3880
San Diego Restaurants For Sale

Big Price reduction, Huge traffic location-Super busy El Cajon mall food court location

$99,999
Big Price reduction, Huge traffic location-Super busy El Cajon mall food court location
This Listing is Expired

Here is your chance to buy in to a busy mall/food court location rarely available at a bargain basement price!.

Great mall location located in food court. There is a huge parking structure just outside the entrance doors funneling customers to the food court. The same parking structure is the preferred parking area for the movie theatres that are just steps from the counter of this great location.

Constant stream of customers wandering through the mall are always hungry and looking for their next meal.

This is a super easy to operate business, all items come prepared for sale, veggies are the only items that take any prep and who can’t cut a green pepper or an onion?

Seller will train you to operate this profitable location. Simple operation makes this perfect for a first time restaurant owner.

Has a great POS system and full security monitoring capability so you can keep an eye on your place from just about anywhere.

Gross sales in 2012 were $347,239 generating a net profit of $70,661. That is a bottom line profit of over 70k!

There is only one owner that works here and she only works about 40 hours per week.

Currently they are spending 71k per year on employee labor. Are you ready to give yourself a raise? Pretty simple from an owners position here, work more hours as the owner and cut that employee labor by 20k,30k,40k it's up to you! How much money do you want to make?

Rent for this space is a bargain at only $5700/month.

Don’t miss out on this opportunity to really decide how much money you would like to make each year.

Listing brought to you by Stone Path Brokerage Services Dba Selling Restaurants San Diego.

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:
Expires Julyl 2014 with new lease available
Total Monthly Rent:
$5,700

Financials

Last Year's Annual Gross:
$347,239
Last Year's Owner's Cash Flow:
$70,661
Last Year's Food Cost %:
32.58
Last Year's Payroll Cost %:
20.4
Last Year's Rent %:
19
EBITDA:
$70,661

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
4
Hours Open:
10am-9pm daily
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
900

Highlights

  • Great location in Food court
  • Mall location
  • super easy operations
  • owner currently works less than 40 hours week!
  • lots of food court seating
  • movie theater traffic walks in right through food court
  • busy season is upon us!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 57,810 128,395 211,556
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,966 49,291 77,018
2010 Persons Per Household 2.82 2.55 2.68
Median House Value $380,200 $395,183 $375,384
Income Per Household $46,856 $54,232 $57,216
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,815 3,758 4,695
2012 Number Of Employees 52,004 99,692 114,258
2012 Total Annual Payroll $1,030,890,000 $2,018,522,000 $2,230,940,000

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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