Are you looking for a great restaurant bargain with huge potential for growth? Selling Restaurants presents your opportunity to buy a 855 sq. restaurant new business, less than 2 years old, with rent of $1,934 per month including CAM charges. Save yourself the problems of build out with this turnkey operation. It cost over $150,000 to build, complete with practically brand new furniture, fixtures and equipment. And you ought to see these wonderful granite and travertine floors! Very classy. This shows beautiful. Great corner shopping center location, intersected on two major streets with high auto traffic count. Center has two, non-competitive foods, major chain restaurants that create foot traffic past your door! Owner designed the restaurant as a prototype for additional locations, or possible franchising so the work looks professional. It has a large hood system, grill, stove and hot line in the dining area not wasting any precious space and keeping the rent low. Beautiful granite counter top for customer seating. Owner is absentee and has other businesses that require his attention. This would be perfect for an owner operator, family run operation. As an owner-operator you can eliminate the $4500 per month of employee payroll and increase profits. This is priced for a fast sale and won't last. Owner is motivated. But the price has been cut to the lowest price possible. So please, no low balling here!
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Los Angeles Restaurants For Sale
Lease Term:
expires Mar. 2012 + 5 yr option
Total Monthly Rent:
$1,496
Operations
# of Full-Time Employees:
4
# of Part-Time Employees:
1
Hours Open:
11am to 9pm Mon-Sat
Highlights
- Nearly New Quick Serve Facility for Your New Concept
- Less Than 2 Years Old!
- Equipment & Fixtures Like Brand New!
- Easily Duplicated For Muliple Units
- Great For Potential Growth!
- Located On Major Blvd, With Heavy Traffic!
- Owner Motivated!
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
48,094 |
91,243 |
280,562 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
15,039 |
27,930 |
77,142 |
2010 Persons Per Household |
3.08 |
3.19 |
3.50 |
Median House Value |
$525,400 |
$559,462 |
$419,655 |
Income Per Household |
$88,819 |
$90,113 |
$69,270 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,277 |
3,131 |
7,089 |
2012 Number Of Employees |
23,062 |
60,442 |
179,738 |
2012 Total Annual Payroll |
$639,292,000 |
$1,455,928,000 |
$3,820,740,000 |
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.