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#6279
San Diego Restaurants For Sale

19 yrs established-41 lic-patio-community favorite

$175,000
19 yrs established-41 lic-patio-community favorite
This Listing is Expired

This is an opportunity to move to a different way of life.

It’s a restaurant located in a small town with a big appetite for eating out and supporting local favorites, like this restaurant.

Fallbrook is a world apart from the hustle and bustle of LA or San Diego and you will feel the relaxation and sighs of relief come to you as you settle in to this beautiful and thriving city.

 

The locals love this long-established favorite and their many entrée’s that can only be found here.

The seller has been perfecting his menu since 2004 and is now willing to share it with the right new owner.

The staff is in place and extremely well trained, seller will get you set up so that you do not miss a beat in taking over this coveted restaurant location.  

The seller stated sales have been approximately 300k per year for the past five years.

Income from operations for the past few years has been enough to sustain their Fallbrook lifestyle. Seller stated owner paid personal expenses has been 78k/yr for past three years. 

The seller is willing to train and discuss complete operations of the restaurant as part of the purchase agreement.

They have set this place up for success with very nice inside décor along with a super fun enclosed  outside patio area.

Currently only open six days per week.

Add the 7th day and/or Breakfast to the hours and you  would have  a huge and easy addition to increase sales and profits. The demand is there.

The restaurant itself is 1365 sq feet inside with an additional 725 of outside space.

Base rent is 4000 plus 1200 of CAM total all in rent is only 5200.

Current lease term expires 12-2024 with additional options available to qualified buyers.

 

Come see today if this quaint North San Diego County town is where you want to be, and this well thought out restaurant with big potential is the place you want to run.     

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:
Expires 12-2024
Total Monthly Rent:
$5,400

Operations

Liquor License:
41
# of Part-Time Employees:
5
# of Working Owners:
1
Hours Open:
Lunch 11:30-2
Dinner 5-8

Tues-Sunday
Year Established:
2004
Hood System Type 1:
Yes

Facilities

Indoor Seating:
45
Outdoor Seating:
30
# of Parking Spots:
80
Inside Sq. Ft.:
1,365
Outside Sq. Ft.:
725

Highlights

  • Fallbrook Restaurant
  • Long Establsihed
  • good rent at 5200/month
  • Nice outdoor patio area
  • local favorite
  • Seller will train
  • lots of parking
  • 41 beer and wine license

Financing

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

Demographics

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

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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