San Diego Restaurants For Sale
Price slashed ! You just saved 100k! Chinese Food- Owner states 120k plus Net - Low Rent - University Location
Seller is tired of counting money. He says drop the price! Price slashed to well below value. Deal of a lifetime!
Dont miss out on this opportunity price nearly at 1X earnings.
Here is a chinese food restaurant where the next owners fortune cookie will read " soon you will make a fortune." This local favorite (check out the reviews) was established twelve years ago and has built up a near cult type following. Customers love this place. Current owner is ready to hand off the reins to another dedicated owner operator who will continue the operations in the same high standards that he has set.
Seller is looking to retire but wants the location to carry on in the same manner that has provided him a very comfortable income.
With an owner operator in place, as it is now, the seller states monthly profits of 10-12k! Broker does not validatte or verify this claim but the seller will be happy to sit down, open up the books and go over every detail to substantiate this claim.
Located near a busy corner with lots of traffic, surrounded by densley populated neighborhoods and just minutes from both SDSU and Grossmont Junior College this place is in the middle of it all.
Currently the place is not even open on Sundays, want to increase sales? Current owner is satisfied with where they are, will you be? Open Sundays and reap the rewards.
The rent is an outstanding $1720/month meaning based on the average monthly sales for the past few years you are looking at approximately a 5% of sales rent factor. Location is aprroximately 800 square feet of well designed space.
Extend the current lease or the landlord will entertain doing a brand new lease for the right buyer.
Now is the time to move on this outstanding opportunity. Come verify the money being made and then make this place your own.
Another quality listing brought to you by Stone Path Brokerage Services Dba: Selling Restaurants
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Monday- Saturday
Facilities
Highlights
- Near two colleges
- big residential surrounding this location
- Rent is at 5% of sales
- Owner states big profits are being made
- Place is closed on Sundays
- want more sales? simple... open Sundays
- great customer base
- catering mostly untapped..huge opportunity
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 38,080 | 151,919 | 354,674 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 16,998 | 58,828 | 128,758 |
| 2010 Persons Per Household | 2.21 | 2.52 | 2.67 |
| Median House Value | $344,600 | $399,806 | $387,199 |
| Income Per Household | $51,694 | $56,402 | $58,328 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,145 | 4,089 | 7,232 |
| 2012 Number Of Employees | 33,560 | 103,362 | 171,272 |
| 2012 Total Annual Payroll | $757,724,000 | $2,070,709,000 | $3,349,405,000 |
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.
#6016Ultra nice restaurant-Near new condition upper middle income demo'sLease:expires 3/2026 with five year optionMonthly Rent:$10,066Square Feet:1,607
#610028' Food Truck w/ permits from SD,LA ,Orange, full kitchen-ANY MENU!
#6241San Diego restaurnt-high traffic center-complete remodel-lease riskLease:Expires Sept 2023 with five year optionMonthly Rent:$3,700Square Feet:2,291
#6262Beach Area location -great concept-sub's just added to menu!Lease:Expires 4/2027 with two five year optionsMonthly Rent:$6,300Square Feet:1,749
#6456Bar w 48 license and live entertainment permits-lots of options!Lease:Expires 4-2026 w five year option Plus availableMonthly Rent:$5,346Square Feet:2,400
#6459Profitable Italian restaurant-SBA potential-San Diego -41 lic.Lease:Expires 7/2025 with options availalbeMonthly Rent:$5,600Annual Adj. Net:$273,000Square Feet:1,524
#6461Nightclub-bar, long established-47 license-big sales volumeLease:Expires March 2028 with options availableMonthly Rent:$11,927Square Feet:5,040
#6487$ COW, sports bar- burgers & beer-local fav.-100k plus monthly salesLease:Expires Jan 2027 with options availalbeMonthly Rent:$12,400Square Feet:4,352
#6493Deli M-F-Mission Valley-$1202/month incl utilities!Lease:Expires 12/31/2028 with five year optionMonthly Rent:$1,202Square Feet:1,083
#6502Deli- full kitchen- full size Pizza ovens-great rent and sales!Lease:expires 11-1-2029 additional term availableMonthly Rent:$2,745Square Feet:2,000
#6564Pizza at the BEACH-Great rent and demographics!Lease:Expires 2/28/2026 with five year optionMonthly Rent:$3,500Square Feet:950
#6596Beach Area-99K ready now -Seller say bring all offers!Lease:Expires Sept 2032 plus two five year optionsMonthly Rent:$4,392Square Feet:1,220
#6613CONVOY District restaurant-Ready now Keep current or bring your ownLease:expires 10-2025 with two five year optionsMonthly Rent:$5,779Square Feet:2,054
#6622Drive thru-Franchise-E-2 visa compatible -super busy street frontageLease:Exp 12/31/2027 plus 5 five year optionsMonthly Rent:$11,600Square Feet:1,800