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#4887
San Diego Restaurants For Sale

Super profitable-5 day in downtown Office Building

$229,000
Super profitable-5 day in downtown Office Building
This Listing is Expired

To Visit This Restaurant Please Select the Golden Button to the Left "Get Name/Address."​

Here is an outstanding opportunity to get into a Downtown San Diego deli and café located in one of the largest downtown hi-rise buildings.

Deli-Cafe  is open 5 days a week from 7am-3pm.

Current owner goes in a few hours one day per week, this is basically an absentee ownership deli. If you are an owner operator this deli’s profits will swell even higher with active ownership.

Owner states sales of approximately 150k for 2015 when the current owner established this location..

2016 monthly sales have averaged nearly 20k per month!

Seller expects that net sales for 2016 will be in the 250k range.

Two full time and one part time employees currently run operations on a daily basis with no direct owner supervision.

Owner states net income of 6-8 thousand each month. If you ran this location as an owner operator you could easily add thousands more to your monthly net income.  

 

Seller is currently leaving a lot on money on the table,are you ready to pick it up?. The advertising is all word of mouth and walk in traffic along with the online review sites.

Catering opportunities in this immediate (walking distance) area are huge and largely untapped.

This is a center of the city hi-rise literally overflowing with potential customers and that is just with in the building, walk out the front doors and even more customers are flowing past this unbelievable location.

The restaurant space is approx. 1353 sq. feet with both inside and outside seating areas.

Total rent is only $1830 per month!  They are at less than 10% of sales as the rent factor!

Even better news is that the rent being paid includes utilities. No separate SDG&E, no water and no trash, they are all included in the rent payment. Current lease term expires in Sept 2017 with a five year option available.

Come see for yourself if this is the place you have been waiting to find.

Visit www.sellingrestaurants.com to sign NDA and immediately get access to the 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:
Expires Sept 2017 with five year option
Total Monthly Rent:
$1,830

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
1
Hours Open:
Mon-Friday 7am-3pm
Year Established:
2015

Facilities

Indoor Seating:
24
Outdoor Seating:
16
Inside Sq. Ft.:
1,353
Outside Sq. Ft.:
400

Highlights

  • 5 day deli-profitable
  • downtown San Diego hi-rise location
  • super cheap rent
  • utilities included
  • easy operations
  • absentee owner run

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,318 66,417 355,261
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,599 38,447 151,879
2010 Persons Per Household 1.47 1.58 2.19
Median House Value $448,700 $493,942 $479,053
Income Per Household $52,550 $56,946 $55,375
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 3,848 5,592 13,566
2012 Number Of Employees 134,300 179,678 427,386
2012 Total Annual Payroll $3,347,327,000 $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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