Business is booming! Sales are up over last year. They are averaging over 55k per month during the current fiscal year ending in June. This is a wonderful restaurant business with plenty of volume to justify the price. Check it out! It has a drive thru that's been filling the bellies of its patrons at the same location for 18 years. This is one of those rare sales that doesn't come around often.
The current owner states that it has been profitable from the day she bought it.
This restaurant is a long established local favorite with tremendous staying power. They have absolutely cornered the market on convenient and healthy Mediterranean style food. This restaurant is hugely popular as evidenced by the sales that have been at or near 600k for the last six years running.
Averaging 55k plus in gross sales per month!
2011/2012 fiscal year ends 6/30/2012 and they are on pace to do about 670k and net close to 100k!
Owner provided pnl's show net annual income of approximately 70k. The 70k net includes 20k in loan payments and another 5 k in miscellaneous items not related to the business. That is a 95k adjusted net income here! This is all without any owner participation in operations. Imagine if you rolled up your sleeves and got to work. Get in there and reduce labor and other variable expenses by being a hands on operator.
Expand the hours, serve breakfast, do some local marketing, add delivery or catering sales, there are big opportunities available to better an already good thing.
We don't verify stated sales or income figures but the owner will be happy to go over the books with you, which we strongly encourage you to do.
This stand-alone restaurant with an easy path drive thru is located on one of the highest traffic count streets in Fallbrook. A giant pole sign only adds to this locations already great visibility.
The space is approximately 2200 square feet with another 250 square feet of fenced patio area. Rent is 5495/month plus NNN, that's about 10% of gross sales reported. Landlord is ready to sign a new lease, is your name going to be on it?
Don’t miss out this great opportunity.
A Stone Path Brokerage Services, Inc. Listing
Population | 5-mi |
---|---|
2014 Total Population | 48,404 |
Households | 5-mi |
2010 Number Of Households | 15,962 |
2010 Persons Per Household | 2.88 |
Median House Value | $423,600 |
Income Per Household | $61,067 |
Businesses | 5-mi |
2009 Number Of Businesses | 879 |
2012 Number Of Employees | 13,664 |
2012 Total Annual Payroll | $229,833,000 |
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.