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#4253
San Diego Restaurants For Sale

Profitable, great rent, great location, easy operations

$235,000
Profitable, great rent, great location, easy operations
This Listing is Expired

Outstanding east county opportunity to get into a profitable franchise location.

This is your chance to get in to the number one franchised food concept in the world!

Have you always dreamed of becoming your own boss but were not ready to go out on your own to do it?

This franchise has your back, with their proven method for success and your dedication to succeed you will be running a profitable business from day one.

They are the biggest and best for a reason. You will never be without immediate access to help every step of the way. You reap all the benefits of being backed by this outstanding franchisor along with being able to take advantage all the financials benefits of running your own small business. It really is the best of both worlds

This restaurant was established in 2005. Location is part of a super busy four corners of retail, just off one of the busiest freeway on/ off ramps in the area. Demographics are great in this upper middle income area. Vehicle traffic is huge and signage drawing them in is great.

This restaurant is priced at only 30x their two year weekly sales average.

 Net income for this mostly absentee owner run location was $72,060 in 2013 and $65,914 in 2014.

The net income numbers are after paying over $108,000 in payroll costs in 2013 and over $92,000 in 2014. With an owner operator in place you could expect to eliminate 55-65k of payroll expense allowing for a net income of 120K-130k per year!

That’s right you will be walking right in to a restaurant averaging over 412k in gross sales per year over the last two years and you could expect to bottom line net over 120k per year! This place is a bargain!

They have recently been remodeled and the owner even had the foresight to install a hood system which all new locations being built out are now required to have in place.

The average built out cost for a location of this size for this franchise is 275k-300k. At the asking price here you are getting a huge discount on the build out/ asset value alone, and there are no guarantees with a brand new store, here you are walking into 10 years of goodwill, a profitable restaurant, unbelievably low rent, a super visible location, with constant traffic at your doorstep.

You have hit the jackpot with the rent on this restaurant. The space is 1005 square feet and your monthly base rent is $1676 plus $511 for CAM. Total rent percentage for the last two years was a bottom line swelling 6.5%

 You can’t go wrong with a rent factor like this. Current lease expires in December of 2019 with a five year option available. The space is locked up for long after you will have made your money back.  

To insure system wide success the franchisor requires their approval along certain minimal financials reserves being met.   If you are a strong candidate for this great franchise opportunity please sign the NDA and you can begin the qualification process to joining the most successful franchise in the world.   

Please visit SellingRestaurants.com to get the name and location of this store.  

This is a Rob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires Dec 2019 with five year option
Total Monthly Rent:
$1,676

Financials

Last Year's Annual Gross:
$393,966
Last Year's Owner's Cash Flow:
$72,060
Last Year's Food Cost %:
31.8
Last Year's Payroll Cost %:
25.0
Last Year's Rent %:
6.6
EBITDA:
$65,914

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
7
Hours Open:
Mon-Sun 7am-9pm
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
16
Inside Sq. Ft.:
1,005

Highlights

  • #1 franchise in the country
  • profitable-make 100k plus
  • great location
  • cheap rent
  • actually super CHEAP rent!
  • lots of vehicle traffic
  • easy to operate

Financing

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

Demographics

Population 5-mi
2014 Total Population 16,464
Households 5-mi
2010 Number Of Households 6,345
2010 Persons Per Household 2.70
Median House Value $472,500
Income Per Household $79,792
Businesses 5-mi
2009 Number Of Businesses 402
2012 Number Of Employees 9,616
2012 Total Annual Payroll $188,411,000

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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