Talk about staying power! This is a local favorite donut shop established in 1977!
This shop is located near the coast, in one of the busiest shopping centers in North County. The Westfield shopping mall is just across the street and the center itself is a hub for traffic in all directions.
Demographics in this area are tremendous and the 5 and 78 highway on/off ramps are just seconds away. This center has huge draws for customers with several national banks, a big box grocery chain and many local specialty retailers.
This shop has been absentee owner run for years and is still profitable.
With owner operators in place the adjusted net for the past three years would have been $34,617, $33,000 and $47,068.
This place would be perfect for a family run business.
Space is 900 square feet with a small patio area for people watching and relaxing. Current rent is 3130 per month and lease expires in May, but potential monthly savings are huge with the ability to negotiate a new lease.
If you are ready to turn donuts into dollars this is the place for you.
Click on one of the orange butons below to take the next step toward owning your own business.
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 June 1, 2010 five year option or new lease available
Total Monthly Rent:
$3,130
Financials
Last Year's Annual Gross:
$121,145
Last Year's Owner's Cash Flow:
$34,617
Last Year's Food Cost %:
24.4
Last Year's Payroll Cost %:
30057
Operations
# of Part-Time Employees:
4
Hours Open:
Open daily
6am-11 am
Highlights
- Established in 1977
- Long time local favorite
- Donuts are easy and cheap to make
- Located in very busy center
- Minutes from the coast
- New lease available
- Easy to operate!
- Great for first timer in the restaurant business.
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
27,494 |
43,363 |
191,156 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
11,600 |
17,060 |
70,726 |
2010 Persons Per Household |
2.33 |
2.42 |
2.57 |
Median House Value |
$615,200 |
$573,274 |
$467,259 |
Income Per Household |
$63,449 |
$72,080 |
$65,569 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
2,094 |
2,493 |
6,237 |
2012 Number Of Employees |
82,356 |
93,684 |
206,132 |
2012 Total Annual Payroll |
$2,372,582,000 |
$2,826,684,000 |
$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.