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#4911
San Diego

Premier beach location-huge vehicle and foot traffic area. 41 license

$159,999
Sold
Premier beach location-huge vehicle and foot traffic area. 41 license
This Listing is Sold

To Visit This Restaurant Please Select the Golden Button to the Left "Get Name/Address."‚Äč

Unbelievable price on AAA premiere location restaurant!

Coronado Island beach and bay area restaurant in the heart of the city. A quick drive across the bridge brings the downtown San Diego crowd to your doorstep. Foot, car and boat traffic are all some of the best you will find in all of Southern California.

Restaurant faces the street on one of the highest car traffic count streets in San Diego County, add in the foot traffic and you will see that this is a premier location that is very hard to beat.

Demographics with in walking distance are some of the best in the city and are exactly what a fast casual restaurant should be looking for. The tourist’s element is all bonus. Population swells all summer long on this ultra-popular tourist destination island.

Locals and tourist alike love this location and the yelp reviews show it.

Area is screaming for new restaurants but local building codes practically prevent new places from being built out. The easy and cheaper answer is to buy an existing location like this one! 

This is an outstanding opportunity to get in to a much coveted location for substantially less than the cost to build out on your own, which in this case is not even really an option.

This beautifully designed Restaurant is currently a breakfast and lunch only location. The area is underserved by quality restaurants and is ripe for an expansion of the hours. With some marketing and the addition of dinner hours, sales could double and profits would soar.   

Restaurant has a large patio with plenty of seating for enjoying the weather and people watching.

Seller has been averaging $41,740 per month in gross sales for 2016 through June.

2015 gross sales were $515,041.

Restaurant Concept could remain exactly the same, you could add dinner or you could change the concept out completely. The choice is yours.

The local community and tourist alike are clamouring to find quality food and service at reasonable prices.   

The restaurant location is outstanding and the kitchen is built for nearly any high volume concept you would like to bring in.

Large hood system with current fire suppression system, fryer, grill, cold prep table and a large walk in cooler are all part of this turnkey restaurant.   

With plenty of storage room for dry goods and an office in the back to crunch numbers it is ready to go, just needs you.

The restaurant space is 2560 square feet. Rent is $7381/month plus $120 CAM fee.

Current lease term expires in April of 2020 with two five year options available.  

Come visit this beautiful restaurant today and see if it is the place you have been dreaming of. 

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

Lease

Region:
San Diego
Lease Term:
expires April 2020 with two five year options
Total Monthly Rent:
$7,381

Operations

Liquor License:
41
# of Full-Time Employees:
6
# of Part-Time Employees:
10
# of Working Owners:
1
Hours Open:
Daily 8am-3pm
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
55
Outdoor Seating:
25
Inside Sq. Ft.:
2560
Outside Sq. Ft.:
250

Highlights

  • Premiere beach / bay location
  • Huge foot traffic
  • Huge Vehicle traffic
  • Beer and Wine license in place
  • great patio area

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 21,312 21,312 164,058
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,408 7,408 56,205
2010 Persons Per Household 2.31 2.31 2.69
Median House Value $1,000,000 $1,000,000 $422,839
Income Per Household $91,103 $91,103 $48,056
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 577 601 6,283
2012 Number Of Employees 13,642 14,234 213,214
2012 Total Annual Payroll $240,304,000 $254,468,000 $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, 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.

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