San Diego Restaurants For Sale
Restaurant row location-Million plus in sales-full liquor license
Sold
Premier steakhouse style location in North County.
Restaurant row area with a beautiful modern decor scheme and fun atmosphere compatible with many different restaurant concepts, is one of them yours? Steak house, sports bar, your specialty concept here.
Full liquor license in place with great bar area.
Sales have been consistently over a million dollar in each of the past two years and they are on pace for nearly 1.2 million in 2013.
This is a profitable location for current part time ownership group.
Owner provided PnL's show profits of $135,056 in 2011 and $118,720 in 2012.
Are you a hands on operator? Cut food costs and labor with your working the location and watch the bottom line swell.
Current concept likely will not convey due to Franchisor criteria, but that wont stop this location from doing very well with your new idea and operations.
Rent for this fabulous restaurant and bar is approximately 11k per month including CAM. CAM includes many items not included in most leases such as full grease trap servicing. Rent is right at the 10% of sales needed to really make a restaurant work.
Inside space is 5690 square feet and they have a great enclosed patio area of approximately 700 square feet.
Kitchen is built for volume with everything you could want in place for nearly any concept you can dream of.
Ready to take over a restaurant and bar taht does tremendous volume with out even trying? Now is you chance.
Listing brought to you by Stone path brokerage services DBA selling restaurants San Diego.
Broker Rob Tade DRE License #01339409
Lease
Financials
Operations
Dinner 4-10 daily
Facilities
Highlights
- Over a MILLION in gross sales last two years
- Profitable
- Full Liquor license
- Great decor and atmosphere
- Nice enclosed patio area
- on pace for 1.2 million in gross sales for 2013
- CAM includes many benefits for tenant
- great bar area
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 28,324 | 35,829 | 101,386 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 11,198 | 13,979 | 38,404 |
| 2010 Persons Per Household | 2.30 | 2.35 | 2.50 |
| Median House Value | $716,200 | $708,760 | $679,148 |
| Income Per Household | $85,530 | $82,056 | $92,897 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 860 | 1,066 | 2,652 |
| 2012 Number Of Employees | 15,338 | 17,772 | 42,518 |
| 2012 Total Annual Payroll | $274,169,000 | $315,524,000 | $788,929,000 |
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, foreward 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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