San Diego Restaurants For Sale
Ultra nice restaurant-Near new condition upper middle income demo's
Available
Turk key restaurant location, sellers spent big money, close to 500k building this restaurant out.
2018 sales were over a million dollars at 1,012,612
2019 was 977,078
2020 pandemic sales were 481,677, so sliced in half but now that businesses are opening back up this place is headed in the right direction again.
2024 sales have been averaging 50k/month so they are headed in the right direction again.
As sales ramp back up and you come in and roll up your sleeves the income opportunity is huge.
Owners may even consider some seller financing for this beautiful restaurant.
The area itself is under served by the restaurant industry so you have a lot of customers with out a lot of choices.
Del Mar/ Torrey hills/ Sorrento valley are the areas that surround this location and the demographics for them are outstanding.
Several large companies are coming to the area including a huge pharmaceutical company.
Catering opportunities to these companies and the employees from these immediate neighbors are there and ready to be capitalized on now.
Kitchen is open style and well equipped, burner stove, meat rotisserie cooker, 12-foot hood system, two pizza ovens and a large walk-in cooler.
Lease term expires 3/26 with a five year option.
Rent is 7992/month plus CAM of 2144/month
Space is 1607 sq feet plus the outside patio space.
Nice dining area inside and a large outside dining patio area.
Plenty of parking and easy access from the street.
Buyer to verify the seller provided sales and income figures.
Keep the same successful concept or bring your own if you have a restaurant concept that needs a turnkey restaurant that with upper middle-income demographics, ready to go right now.
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
Closed Sunday
Facilities
Highlights
- Popular concepts-Greek-Pizza-Burgers
- near new condtion
- upper middle income demographics
- catering opportunities are huge
- huge potential
- open style kitchen
- lots of outside seating
- nice outside patio area
- walk in cooler
- keep current or bring your own concept
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 54,103 | 68,188 | 213,895 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 17,528 | 23,440 | 70,408 |
| 2010 Persons Per Household | 2.79 | 2.65 | 2.84 |
| Median House Value | $832,900 | $875,046 | $639,510 |
| Income Per Household | $127,968 | $124,667 | $103,248 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,668 | 2,449 | 8,487 |
| 2012 Number Of Employees | 49,714 | 60,894 | 325,600 |
| 2012 Total Annual Payroll | $1,829,386,000 | $2,067,577,000 | $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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