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#5185
San Diego

La Jolla Beach area restaurant with beer & wine

$249,999
Sold
La Jolla Beach area restaurant with beer & wine
This Listing is Sold

Go Visit this Restaurant on Your Own Time. Select the Link to the Left "Want Name/Address."

Outstanding La Jolla restaurant location. San Diego beach areas don’t get much better than this.

Restaurant has an end cap/corner location with huge vehicle traffic all year long.

Picture a light house being seen by all that are near it.

This location can’t be missed as cars come and go to the beach and the surrounding residential and retail areas. Short walk to the water and La Jolla Blvd.

Restaurant is on one of the busiest streets in the area with good foot traffic as well.

Signage pops and restaurant really stands out at night.

Large well-designed dining area with lots of windows allowing for natural lighting during the day attention grabbing at night.

Restaurant space is approximately 2400 square feet with monthly rent of $4727 and NNN of $2000.

Seller provided income statement shows sales of approximately of 500k for each of the past two years

Seller states monthly net income is 6-7k.

Currently lease terms expires in May of 2018 with option term available

Keep current concept or bring your own (Mexican, Chinese and Pizza are excluded) This is one of the premier restaurant locations in La Jolla.

Demographics of surrounding area are some of the best in the city.

With the constant flow of traffic there is absolutely no shortage of customers for you to drive into your new restaurant.

Kitchen has everything you would need for all the popular concepts, Indian, Mediterranean, sports bar, dream big, this is the place to make it happen.  

If a huge traffic beach area restaurant is what you are looking for, you need to come look at this restaurant.   

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 May of 2018 with options available or brand new lease
Total Monthly Rent:
$4,727

Operations

# of Full-Time Employees:
4
# of Part-Time Employees:
5
# of Working Owners:
1
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
Outdoor Seating:
16
Inside Sq. Ft.:
2400
Outside Sq. Ft.:
300

Highlights

  • It's In La Jolla
  • extreme visibility
  • Beer and wine license in place
  • Super busy street
  • Walking distance to beach
  • Keep existing concept
  • Bring your own concept-its ready for you

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 0 207,915 399,950
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 1 85,832 158,818
2010 Persons Per Household 2.00 2.29 2.35
Median House Value $0 $405,757 $436,889
Income Per Household $0 $47,865 $52,592
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 13 7,280 13,528
2012 Number Of Employees 114 229,120 434,652
2012 Total Annual Payroll $9,883,000 $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, 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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