Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#3704
San Diego Restaurants For Sale

Drive Thru - On top of the hill can't be missed, Million plus in sales

$199,999
Sold
Drive Thru - On top of the hill can't be missed, Million plus in sales
This Listing is Sold

Are you looking for a restaurant were you just have to be open to be noticed? Here is a place that can't be missed. Perched high up on a hill as a stand alone restaurant this is an outstanding location that is an attention grabber.   

Huge signage, top of the hill location along a super busy street with a drive thru, this place is calling your name.

Lots of parking to go along with the drive thru make access to this restaurant super easy for your customers.

Gross sales of $1,131,108 in 2011 lead to a net seller stated profit of $147,937. Buyer MUST confirm this statement. Broker has not verified it.

These are numbers from an absentee owner location with a combined food and labor of 64%. Can you do better controlling costs here?

(the answer should be YES!)

Rent as a percent of sales was 8.2%.

Bottom line could be huge with better controls and rent factor of less than 10%

Space is approximately 2600 square feet with rent at $7400 month. Current lease term expires in July of 2015 with a five year option available.

With a strong tenant the landlord has expressed interest in doing a brand new long term lease, are you that tenant?.

This location is one of three similar restaurants and can be purchased as a single unit or as part of the multi unit concept that it currently is.  


This is a Stone Path Brokerage Services Listing

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Current term expires July 2015 (one) five year option available or New Lease available
Total Monthly Rent:
$7,400

Financials

Last Year's Annual Gross:
$1,131,108
Last Year's Owner's Cash Flow:
$147,937
Last Year's Food Cost %:
41.2
Last Year's Payroll Cost %:
22.5
Last Year's Rent %:
8.2
EBITDA:
147,937

Operations

# of Full-Time Employees:
12
Hours Open:
10:00am 10:00pm daily
Year Established:
2009
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Inside Sq. Ft.:
2,600

Highlights

  • Big sales numbers
  • Big Profits
  • Great visibility
  • Low rent as a percent of sales
  • Drive thru
  • Located on busy street
  • Easy access

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 83,790 160,671 430,337
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 24,622 50,685 122,635
2010 Persons Per Household 3.34 3.10 3.32
Median House Value $294,900 $318,245 $310,544
Income Per Household $48,111 $51,168 $55,272
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,296 2,762 6,676
2012 Number Of Employees 37,392 78,364 175,680
2012 Total Annual Payroll $678,900,000 $1,507,452,000 $3,038,266,000

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.

Other Listings in the Area
  • Restaurant awesome kitchen- Huge patio area -47 lic .-large bar
    #5517
    Restaurant awesome kitchen- Huge patio area -47 lic .-large bar
    Lease:  
    current term expires Jan 2027 with two five yer options
    Monthly Rent:  
    $10,837
    Annual Revenues:  
    $1,167,403
    Square Feet:  
    3,300
    Available
    $299,999
    Down Payment
  • Great Sales-Low Rent-Long Lease-Possible SBA loan
    #5950
    Great Sales-Low Rent-Long Lease-Possible SBA loan
    Lease:  
    Expires jan 2025 w five year option
    Monthly Rent:  
    $2,160
    Annual Revenues:  
    $351,254
    Annual Adj. Net:  
    $84,206
    Square Feet:  
    1,100
    Available
    $175,999
  • Pizza-Franchise great build out -busy center sales booming
    #5981
    Pizza-Franchise great build out -busy center sales booming
    Lease:  
    Expires 7/2027 with five year option
    Monthly Rent:  
    $5,819
    Annual Revenues:  
    $782,765
    Square Feet:  
    2,663
    Available
    $399,999
  • Pizza Franchise - Great Area - Low Rent - Great Deal!
    #5982
    Pizza Franchise - Great Area - Low Rent - Great Deal!
    Lease:  
    Expires Dec 2026 with two five year options
    Monthly Rent:  
    $3,779
    Square Feet:  
    3,358
    Available
    $349,000
  • Rare 21+ Bar - 48 license -  Great Neighborhood
    #5983
    Rare 21+ Bar - 48 license - Great Neighborhood
    Lease:  
    Expires 8/2023 W/5 year option
    Monthly Rent:  
    $3,774
    Square Feet:  
    1,750
    Available
    $299,999
  • Turn Key Sushi Restaurant-2600/rent concept in high demand
    #5998
    Turn Key Sushi Restaurant-2600/rent concept in high demand
    Lease:  
    New lease available
    Monthly Rent:  
    $2,600
    Square Feet:  
    1,400
    Available
    $159,999
  • Pizza and Mexican - Beer & Wine - 2 Patios - High Traffic
    #6014
    Pizza and Mexican - Beer & Wine - 2 Patios - High Traffic
    Lease:  
    Expires 3-2024 with options available
    Monthly Rent:  
    $4,100
    Square Feet:  
    1,200
    Available
    $159,000
  • Beach Hookah Lounge - Outstanding Location
    #6015
    Beach Hookah Lounge - Outstanding Location
    Lease:  
    Expires 3-2024 with two year and five year option
    Monthly Rent:  
    $7,076
    Square Feet:  
    1,624
    Available
    $120,000
  • Ultra nice restaurant-Near new condition upper middle income demo's
    #6016
    Ultra nice restaurant-Near new condition upper middle income demo's
    Lease:  
    expires 3/2026 with five year option
    Monthly Rent:  
    $8,200
    Annual Revenues:  
    $1,012,612
    Square Feet:  
    1,607
    Available
    $399,999
  • Hillcrest Location - Restaurant - Beer & Wine - Low Rent
    #6022
    Hillcrest Location - Restaurant - Beer & Wine - Low Rent
    Lease:  
    Expires 7/2025 with (1) five year option
    Monthly Rent:  
    $4,000
    Square Feet:  
    2,000
    Available
    $99,999
  • Super high volume 5 Star Review Thai Restaurant for sale in San Diego!
    #6030
    Super high volume 5 Star Review Thai Restaurant for sale in San Diego!
    Lease:  
    There is 9 month left + 5 yr option on lease
    Monthly Rent:  
    $9,553
    Available
    $499,000

Terms Of Use     © 2021 Powered by BBMT Inc.