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#1384
San Diego Restaurants For Sale

La Jolla Italian Restaurant For Sale

$79,000
Sold
La Jolla Italian Restaurant For Sale
This Listing is Sold
SellingRestaurants is offering this well received La Jolla restaurant for sale. Surrounding demographics support local favorites like this in good times and bad. Offering outstanding Italian food for lunch and dinner this charming and well appointed restaurant is ready to go for its next owner.

The space has approximately 1800 square feet inside and another 800 square feet of outside dining area. Sales over the past 36 months have ranged from 18k per month to 35k per month, could be a goldmine with the right owner finding a way to consistently keep sales at the high end of the sales range.

Rent is $3,600 per month and landlord has expressed interest in negotiating a new lease with lower rent and a longer term. Continue with the current successful concept or bring in our own, this well equipped restaurant is turn key for a dedicated owner operator.

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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:
New Lease
Total Monthly Rent:
$3,600

Financials

Last Year's Annual Gross:
$240,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
5
# of Family Employees:
2
Hours Open:
Tues-Thurs 11-9
Friday 11-9:30
Sat and Sun 4:30 -9
Closed Mondays
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
26
Outdoor Seating:
40
# of Parking Spots:
60
Inside Sq. Ft.:
1,800
Outside Sq. Ft.:
800

Highlights

  • Charming Italian restaurant
  • Local favorite
  • Nice outside dining area
  • Lots of room for large parties
  • Great location for Mexican/Greek foods
  • Beer and wine License Included

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 40,970 87,632 143,957
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 17,512 37,237 59,572
2010 Persons Per Household 2.16 2.18 2.29
Median House Value $1,000,000 $775,507 $655,880
Income Per Household $99,367 $81,624 $76,153
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,422 3,628 7,673
2012 Number Of Employees 65,174 102,272 316,500
2012 Total Annual Payroll $2,046,259,000 $3,381,923,000 $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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