Selling Restaurants presents this Italian classic Caf� also serving beer & wine offers a beautifully decorated space in a small neighborhood center located on a heavily traveled corridor of this community.
There are an excellent complement homes, small businesses, large business (for catering/bulk order delivery) and a new school opening in mid August which will naturally boost sales.
The business has been absentee owner ran and operated since opening, yet in 2006; saw real growth of 20% the first year and the same in the second � the business is growing year over year on pace to $300k in 2008. Make this owner operated with the new school, expand the business hours beyond 5PM, open Sunday's and take advantage of the beer & wine license will ensure better growth results in 2009.
The caf� has been recognized by many in the community for its quality of product and services. This turn-key operation would easily transition into many other foodservice concepts. There are tremendous opportunities not being taken advantage of in the lunch and dinner day parts; again, operate past 5PM and open Sunday's to see quick results.
The area gives you a true European lifestyle feeling; with three private park areas, and where the caf� is located ... can be described as an exclusive Village area that is within walking distance on romantic tree-lined streets from the nearby homes. This is not your typical neighborhood center anchored with a large grocery store.
The community borders Rancho Santa Fe and is nestled between the acclaimed areas of Fairbanks Ranch and Santaluz.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
San Diego Restaurants For Sale
Lease Term:
Expires Feb. 5, 2010 + 5 yr option
Total Monthly Rent:
$4,910
Financials
Last Year's Annual Gross:
$245,194
Last Year's Food Cost %:
35.0
Last Year's Payroll Cost %:
41.6
Operations
# of Full-Time Employees:
1
# of Part-Time Employees:
8
Hours Open:
6:30am - 5:00pm, 7:00am - 5:00pm on Saturday. Closed Sunday.
Highlights
- Italian classic Caf� also serving beer & wine
- New school opening in mid August to boost sales
- Opening in 2006; seeing real growth of 20%
- Turn-key operation would easily transition into other concepts
- Take advantage of the lunch and dinner day parts to boost sales
- Cafe is located in an exclusive "Village area"
- Landlord open to negotiating new lease economics
Financing
Will Seller Lend To Buyer:
Yes
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
44,574 |
167,289 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
13,019 |
61,356 |
2010 Persons Per Household |
2.99 |
2.72 |
Median House Value |
$618,400 |
$574,820 |
Income Per Household |
$120,106 |
$102,411 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,019 |
4,272 |
2012 Number Of Employees |
42,048 |
136,884 |
2012 Total Annual Payroll |
$1,888,268,000 |
$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.