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#5487
San Diego

Indian Cuisine-Great Location-Golden Triangle-Beer & Wine

$149,999
Available

 San Diego Indian food restaurant on super busy road. Extremely popular concept that is very well received in this heavy business district area.

Located in a very poplar and busy retail center between the 15 and 805 freeways.

Yelp reviews are outstanding and its standing room only throughout the lunch time hours.

Customers choose from specialty buffet items and the ever-loved individual menu entrees.

Large kitchen has a 15-foot hood system, tandoori oven, fryer, six burner stove and a large walk in cooler.

Beer and wine license is already in place.

Surrounded by Commercial, retail, office spaces not to mention the nearby military base this place just opens its doors and the the customers flood in.

Extremely well established with long term staying power, the restaurant was established in 2002 and still going stronger than ever.

Seller states monthly sales of 30-35k with no advertising and little owner oversight.

Restaurant space is approximately 3,456 square feet. Has an insider corner location with great signage and visibility.

Base rent of $2728/month and Cam of $2,255. 

All in rent is $4983/month or less than $1.50/ sq foot. Base rent is only .80/ft, that is a bargain! 

Current lease term expires in April of 2025 with a five year option available. .

Good rent, busy location and huge goodwill built up over the years this is the place you have been waiting on..

Location needs an owner operator to really increase the bottom line. Current owner has other restaurants and cannot spend the time necessary to capitalize on the potential that this place has.

Good rent, busy location and huge goodwill built up over the years,this is the place you have been waiting on..

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

Lease

Region:
San Diego
Lease Term:
expires April 2025 with five year option
Total Monthly Rent:
$2,728
Security Deposit:
$2,255

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
2
Hours Open:
11-9 Tuesday-Sunday
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
Outdoor Seating:
20
# of Parking Spots:
plenty
Inside Sq. Ft.:
3456
Outside Sq. Ft.:
500

Highlights

  • well established Indian Food restaurant
  • Good will built up over almost 20 years!
  • Inside corner location -good visibility
  • Large space
  • Great rent
  • beer and wine license in place

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 4,479 235,043
Households 3-mi. 5-mi
2010 Number Of Households 1,677 85,332
2010 Persons Per Household 2.49 2.55
Median House Value $569,000 $691,859
Income Per Household $104,063 $93,856
Businesses 3-mi. 5-mi
2009 Number Of Businesses 2,936 10,567
2012 Number Of Employees 195,686 400,398
2012 Total Annual Payroll $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, 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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