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#3558
San Diego Restaurants For Sale

Big Profits! Exclusive on Pizza/Italian-one of best locations in city

$199,999
Big Profits! Exclusive on Pizza/Italian-one of best locations in city
This Listing is Expired

Incredible opportunity! Money Maker! Are you ready to own an extremely profitable pizza/Italian and comfort food restaurant?

Now is your chance. Jump on this rare opportunity to take over a very well-run and easy to operate profitable location.

Located in the 4S Ranch area this is the prime location for pizza and Italian in the Ranch. The center has it all, big box stores, banks and plenty of other traffic drivers, the center is busy day and night.

The demographics for the surrounding residential could not be better for this concept. Upper middle income customers encircle this location from the 15 to the 5 freeways.  Little competition in the area and no competition in the center itself, they have an exclusive for pizza/Italian for the entire center.

Lunch sales are outstanding as one of the largest business parks in San Diego is just up the road. Catering and local school opportunities are barely tapped and would add even more to the already bulging bottom line with minimal additional effort.

Adjusted net income for the past three years have been 89k in 2009, 172k in 2010 (owner ran operation full time) and 159k in 2011. Owner has now opened another location and no longer works this one. If you are ready to work, this job is for sale, how much money do you want to make?

Restaurant has a beer and wine license in place with a very nice common area for outside dining.

Interior looks great and has plenty of space for dining as well as waiting for to go orders.

Kitchen equipment is all near new and very well maintained.

At 1550 square feet the restaurant has a very efficient layout and is really a simple operation. Current lease term expires in late 2015 and there is a five year option available. Rent including NNN is $7124 month.

If you are looking for a profitable, easy to operate pizza/Italian restaurant in a highly desirable and rarely available space this is your place.

Name and some recipes will not convey

a Stone Path Brokerage Services, Inc. Listing

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 Dec 2015 plus five year option
Total Monthly Rent:
$6,477

Financials

Last Year's Annual Gross:
$661,260
Last Year's Owner's Cash Flow:
$128,517
Last Year's Food Cost %:
25.1
Last Year's Payroll Cost %:
23.6
Last Year's Rent %:
13.1
EBITDA:
$128,517

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
12
Hours Open:
11-9 Daily
Year Established:
2008
Hood System Type 1:
Yes

Facilities

Indoor Seating:
55
Outdoor Seating:
50
# of Parking Spots:
1000
Inside Sq. Ft.:
1,550
Outside Sq. Ft.:
common area

Highlights

  • Profitable-big time
  • Super busy center
  • Exclusive in huge center for pizza/Italian
  • Great demographics
  • Giant business park nearby draws lunch crowd
  • Nice outside common patio area
  • Nice interior
  • Records available via POS system
  • Beer and wine license

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 44,574 167,289
Households 3-mi. 5-mi
2010 Number Of Households 13,019 61,356
2010 Persons Per Household 2.99 2.72
Median House Value $618,400 $574,820
Income Per Household $120,106 $102,411
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,019 4,272
2012 Number Of Employees 42,048 136,884
2012 Total Annual Payroll $1,888,268,000 $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, 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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