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#4192
San Diego Restaurants For Sale

Downtown San Diego Italian Restaurant/Low Rent, Great Location

$93,000
Downtown San Diego Italian Restaurant/Low Rent, Great Location
This Listing is Expired

Downtown San Diego restaurant with excellent foot and vehicle traffic.

Heart of downtown location could be perfect for large variety of concepts where foot traffic leads to impulse sales. Pizza, salad, yogurt and ice cream a sub sandwich shop, you name it and this is a location that could support it.

Landlord is a local who really wants to see a successful operation in place and is ready and willing to do a brand  new lease that will make sense for a new concept.

Location has been a restaurant since 1990, surrounded by huge office buildings with literally 1000’s of their employees looking for places to eat. This is a high density, over populated area of downtown that includes apartments, condos, the financial district and The Symphony hall, even PetCo park and Horton plaza are walking distance away.

Current concept is Italian, you could keep and improve it or if you have a concept that would thrive with the downtown San Diego demographics this is your opportunity to get in quick and cheap.

Restaurant could be turn key, no hassle with permitting, planning and the endless delays that come with building out your own place. The downtown vibe is here are you looking to be part of it?

Restaurant space is approximately 1500 square feet plus a great sidewalk patio area facing one of the busiest streets downtown.

Landlord is ready to make a new lease happen, asking only $3550 per month total rent, yes that’s it, including NNN!

If you are ready to own a restaurant that would be part of the downtown scene and vibe don’t miss this opportunity.

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:
New lease and terms available
Total Monthly Rent:
$3,550

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Working Owners:
1
Year Established:
1990
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
36
Outdoor Seating:
12
Inside Sq. Ft.:
1,500
Outside Sq. Ft.:
200

Highlights

  • Downtown San Diego location
  • Lots of foot traffic
  • Very nice cafe style outdoor patio
  • Great Landlord
  • good rent
  • nice visibility
  • demographics are great

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,318 66,417 355,261
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,599 38,447 151,879
2010 Persons Per Household 1.47 1.58 2.19
Median House Value $448,700 $493,942 $479,053
Income Per Household $52,550 $56,946 $55,375
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 3,848 5,592 13,566
2012 Number Of Employees 134,300 179,678 427,386
2012 Total Annual Payroll $3,347,327,000 $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, 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.

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