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#4248
San Diego Restaurants For Sale

Profitable central San Diego Burger and Deli Restaurant For Sale

$119,999
Profitable central San Diego Burger and Deli Restaurant For Sale
This Listing is Expired

Turn key restaurant located on a super busy street in a super busy retail center.

Location is key to any restaurant and this restaurant has the key to success with it's outstanding location.

This restaurant is located in the business corridor of the 163 freeway, Convoy and Balboa. Traffic and demographics don't get much better than what this area has to offer.

Vehicle traffic is some of the best in the city and the surrounding demographics are exactly what a lunch/ early dinner focused restaurant would be looking for.

Owner built this place out from a shell four years ago, going through all the planning and permitting hassles for you.Build out cost exceeded 200k!

Owner stated sales of $192,141, $205,453 and $259,301 over the past three years show sales increasing each year with last years sales being up  25% over the previous year.

Owner stated profits of 60k, 61k and 67k in the same last three years show this place to be a great value at the current asking price.

Online customer reviews are outstanding and the food and menu offerings are the reason why. The burgers and sandwiches are some of the best you will find in the city.

The kitchen is well designed, with very well maintained and near new equipment. It's all here from the deep fyrer and grill to the new and current health and fire codes demanded hood system.    

Restaurant is approximatey 1008 square feet, the perfect size to keep cost of occupnacy low and profitability high,

Rent is  $1985/month plus NNN of approximately $600 per month.  Current lease term will be expiring in 2015 and landlord is ready to negotiate a new lease and terms.

If you have been looking for a turn key restaurant, that will be making money from day one, this could be the place you have been looking for. 

Please visit our website at www.sellingrestaurants.con for name and address. 

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:
New lease available
Total Monthly Rent:
$1,985

Operations

# of Part-Time Employees:
5
# of Family Employees:
2
# of Working Owners:
1
Hours Open:
Monday- Saturday 11-10pm
Sunday 11-8pm
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
34
Inside Sq. Ft.:
1,008

Highlights

  • high traffic center and location
  • super busy street
  • reviews are excellent
  • rent is great
  • stylish interior design
  • sales are up
  • profits are up

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 46,091 147,286 364,825
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,498 57,658 156,365
2010 Persons Per Household 2.70 2.43 2.20
Median House Value $387,100 $391,708 $501,072
Income Per Household $57,350 $63,233 $63,589
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,024 7,229 13,955
2012 Number Of Employees 73,138 355,856 537,206
2012 Total Annual Payroll $1,609,153,000 $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.

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