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#1244
San Diego Restaurants For Sale

Full Service Beautiful Italian Restaurant with Beer & Wine

$225,000
Full Service Beautiful  Italian Restaurant with Beer & Wine
This Listing is Expired
Selling Restaurants presents a beautifully decorated full service Italian restaurant in the heart of a bustling North County downtown area. This fabulous restaurant is the talk of the town and filled to capacity with loyal customers on a regular basis. The award winning Italian cuisine has a combination of value and quality that is unsurpassed by anyone in the county. In addition to the outstanding food, live music, weekly and monthly specials and WIFI make this "the place" for Italian food in the area. With a gorgeous interior and a heated outside patio area, guests are treated to a true Italian dining experience. Sales have increased in each of the last three years and they are on pace to do well over 400k this year. Restaurant is approximately 3500 square feet plus the patio and rent is 5283/month. Lease expires in December of 2009 with a five year option available. With banquets and catering largely untapped there is plenty of room for growth.

If you are ready to own one of the premiere Italian eateries in North County please click on of the buttons below for additional pictures and the address.
This is a Stone Path Brokerage Services DBA: selling restaurants San DiegoRob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
expires Dec 2009 plus five year option
Total Monthly Rent:
5283 Includes NNN
Security Deposit:
$10,000

Financials

Last Year's Annual Gross:
$384,187

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
12
Hours Open:
daily 11-9
Year Established:
1997
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
Outdoor Seating:
40
Inside Sq. Ft.:
3,500
Outside Sq. Ft.:
1000

Highlights

  • Beautiful Italian Restaurant
  • heated outside patio dining
  • very nice wine list
  • award winning menu
  • live music
  • WIFI
  • about $30,000 Monthly Gross Sales

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 49,864 106,099
Households 3-mi. 5-mi
2010 Number Of Households 14,902 31,061
2010 Persons Per Household 3.27 3.29
Median House Value $404,000 $352,029
Income Per Household $45,983 $49,239
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,714 2,212
2012 Number Of Employees 46,454 56,798
2012 Total Annual Payroll $893,448,000 $1,032,362,000

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.

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