Selling Restaurants presents this large popular family style diner with a Beer & Wine License and great visibility on a major blvd. The diner seats up to 187 customers comfortably. The seller claims Monthly Gross Sales Averaging $55,000, buyer must verify as no financials are provided to the broker. Incredible Opportunity; Seller will carry back a note for a qualified buyer up to 25% of the purchase price. The diner has plenty of room for expansion with a buffet or salad bar if desired. Customers enjoy the food and view. This has been a successful diner at this location since 1991. A long history of success which you can continue. Total square footage is 4,500 with a large Full-Size kitchen for just $8,600 a month. There are no NNN or CAM fees. This is outfitted as well as any full-size Corporate owned Diner. Rent includes all utilities except electricity and gas. Visit this Diner today. It wont last with these kind of gross sales!
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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:
Orange County Restaurants For Sale
Lease Term:
Expires October 31, 2010 w/ (1) 5 year option
Total Monthly Rent:
$8,600
Financials
Last Year's Annual Gross:
$752,907
Operations
# of Full-Time Employees:
11
# of Part-Time Employees:
1
Hours Open:
Operating Hours:
Monday - Sunday: 7am-9pm
Highlights
- Popular Family Diner w/ Type 41 Liquor License
- High Volume w/ $55,000 Gross Monthly Averages
- Great Lease Terms and Rates
- Room for Expansion with Buffet, etc
- Full-Size Kitchen with well maintained Equipment
- Great Food and View
- Must See!
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
25%
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
54,228 |
309,788 |
835,928 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
14,775 |
75,031 |
215,884 |
2010 Persons Per Household |
3.63 |
3.93 |
3.70 |
Median House Value |
$368,200 |
$349,361 |
$372,190 |
Income Per Household |
$61,834 |
$55,454 |
$54,427 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
631 |
5,457 |
15,906 |
2012 Number Of Employees |
15,796 |
274,548 |
597,976 |
2012 Total Annual Payroll |
$231,758,000 |
$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.