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#6015
San Diego Restaurants For Sale

Beach Hookah Lounge - Outstanding Location

$120,000
Beach Hookah Lounge - Outstanding Location
This Listing is Expired

Opportunity to get into a super high margin and very profitable Hookah lounge and café, walking distance to the beach and right in the middle of the PB restaurant and bar scene.

Location is outstanding for this concept, and they just signed a below market rate lease.

Seller has recently completed building location out, all permits, and licenses are in place, including the very difficult to secure tobacco license.

 It’s a beautiful lounge and cafe that is has been set up very nicely.

It is a turnkey location and ready to go. Brand new signage is up, and it looks great.

There is even have a covered street patio in addition to the sidewalk patio space where they can also put tables and chairs.

They have a separate kitchen with cold storage, microwave and warming oven. There is already a grease trap in place. Location does not have a hood system, but one could be added if you wanted to expand your menu.

Hookah is the draw and the high margin item they sell but there is a coffee bar selling pastries, desserts and many other pre-made items that they are able to heat up and supplement the Hookah experience.    

Seller does not want to sell but he is selling, and his loss is your gain.

They have employee issues and have had to close down, now is the time for you to bring your own employees and get this place opened back up.  It’s a bargain at twice the price so getting it at this price is an unbelievable deal.

They completed construction and build out in March of 2021, hit ground running and sales were booming without even trying.

They had averaged over 30k per month in sales with net income of over 10k per month.

Seller stated net income in five months was 55k.

Space is approximately 1624 Sq feet with base rent of $7073 and NNN of $926. All in rent at 8k is a great deal for this area.

They even have a dedicated parking spot which is rare at the beach. Lots to like about this place, come see the custom furniture, two separate bathrooms, a VIP area downstairs and even a private owner access only space upstairs.

Are you ready to get in cheap and reap the rewards, call/text/email today to set up a visit.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires 3-2024 with two year and five year option
Total Monthly Rent:
$7,076

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
4
Hours Open:
Varies
Year Established:
2021

Facilities

Indoor Seating:
65
Outdoor Seating:
30
# of Parking Spots:
1
Inside Sq. Ft.:
1,624
Outside Sq. Ft.:
700

Highlights

  • Walk to beach-Hookah lounge and Cafe
  • Center of the beach bar and restaurant scene
  • great rent at 8k all in
  • nice build out
  • super easy operation
  • High margin product
  • coffee bar
  • separate kitchen
  • supplemental food items -easy prep all pre made
  • two areas for outside seating
  • Large covered patio
  • Sidewalk cafe style

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 48,464 126,178 279,271
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 23,349 54,637 122,295
2010 Persons Per Household 1.93 2.17 2.16
Median House Value $717,300 $566,380 $550,270
Income Per Household $64,478 $63,381 $62,505
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,552 4,206 9,654
2012 Number Of Employees 38,288 109,858 270,036
2012 Total Annual Payroll $597,135,000 $1,989,184,000 $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, foreward 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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