Here is your chance to get into the hottest area in all of San Diego!
Downtown Gaslamp district in the heart of the city and surrounded by hugely successful restaurants, bars and clubs. This space is literally in the middle of it all, only steps from Petco and the San Diego Convention center. The streets are packed with the vibrant restaurant and bar scene that has made downtown San Diego one of the most popular areas to see and be seen not just in San Diego but the entire west coast!
This restaurant/bar has a full liquor license as well as an entertainment license. Keep the current concept or get in super cheap and bring your own concept, you won’t find a better location than this for the next hot restaurant, bar or ultra-lounge.
Recent remodel had the sellers spending well over a million dollars upgrading and outfitting the place with top of the line décor, bar and kitchen equipment.
Kitchen is designed for super high volume with nearly every piece of equipment you could ever need. From the huge hood system to the steak and pizza ovens this kitchen is ready to go!
They have two large walk in coolers, a new high end 12 tap chilled beer system, all permitted and done right by real restaurant designers and builders.
High end long bar leads into two separate dining areas and host stations.
Many different configurations can be set up as they have designed this place to give them lots of operational options.
The hidden benefit of this place that is practically being thrown in for free is the downstairs.
There are two completely separate entrances to this great location.
The downstairs is currently undeveloped and used only for office and storage space. Do you have the right vision? Under the same lease you could add a completely separate revenue stream. You really have to see this place to believe what a great opportunity and value it is.
Seller stated sales of close to two million annually for 2012 and 2013.
Current and 2014 sales dipped have dipped in the 1.2 million range as the owners decided to have the place be absentee owner run and are currently only open for dinner. Opportunities are endless for super high volume from this restaurant.
Rent on this space is based on the approximately 4000 square feet of developed upstairs space and is approximately $17,639 per month. The downstairs is basically thrown in for free. Total space when the downstairs is included is 8030 square feet.
How much sales could you generate from two separate downtown San Diego spaces, find out now.
Great street exposure with custom awnings and a fenced in patio area facing the street perfect for driving in traffic.
Current lease term expires Jan 2018 with a five year option available.
Now is the time to come see this super clean location with huge opportunities for success.
Please go to www.sellingrestaurants.com to get the name and locaiton of this restaurant.
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 34,318 | 66,417 | 355,261 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 20,599 | 38,447 | 151,879 |
2010 Persons Per Household | 1.47 | 1.58 | 2.19 |
Median House Value | $448,700 | $493,942 | $479,053 |
Income Per Household | $52,550 | $56,946 | $55,375 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 3,848 | 5,592 | 13,566 |
2012 Number Of Employees | 134,300 | 179,678 | 427,386 |
2012 Total Annual Payroll | $3,347,327,000 | $4,294,967,295 | $4,294,967,295 |
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