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#1211
San Diego Restaurants For Sale

5 Day Deli Located in Business District

$32,000
Sold
5 Day Deli Located in Business District
This Listing is Sold
If you want to only work 5 days a week and have holidays off, then Selling Restaurants presents this once very profitable 5 day a week deli where owner will even consider financing the right buyer! Located in the heart of one of the busiest business districts in San Diego, this deli has a large local client base easily expandable with some simple local marketing. Untapped catering to the large surrounding businesses will be a huge addition to the bottom line as soon as the new owner is in place. Owner has provided financials showing it makes money. This place is a bargain at only 1.2x 2007 earnings. Space is 1296 square feet with rent of only $1,359/month. Seller purchased the restaurant in May 2008. Deli has been in business for 20 years. Owners declining health and desire to leave the state force the sale of this business with big potential. If you are ready to own a business with great and proven potential this is your place.

If you are looking for a deli with a great location and clientele, click on one of the orange buttons below and make this happen.
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:
expires July 31, 2011 plus one 5 yr option
Total Monthly Rent:
$1,359
Security Deposit:
$2,614

Financials

Last Year's Food Cost %:
44.2
Last Year's Rent %:
9.2

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Family Employees:
1
Hours Open:
Monday-Friday 7-3
Year Established:
1988

Facilities

Indoor Seating:
20
Outdoor Seating:
8
# of Parking Spots:
10
Inside Sq. Ft.:
1,296
Outside Sq. Ft.:
200

Highlights

  • Owner will finance upto 50%
  • 5 day deli
  • In heart of professional/commercial district
  • steady customer base in place
  • Very low rent with long term lease
  • Profitable with financial statements
  • This won't last!

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 4,479 235,043
Households 3-mi. 5-mi
2010 Number Of Households 1,677 85,332
2010 Persons Per Household 2.49 2.55
Median House Value $569,000 $691,859
Income Per Household $104,063 $93,856
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,936 10,567
2012 Number Of Employees 195,686 400,398
2012 Total Annual Payroll $4,294,967,295 $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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