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#6525
San Diego Restaurants For Sale

Deli-Huge traffic location-Heart of the Midway district-full kitchen

$169,999
Available
Deli-Huge traffic location-Heart of the Midway district-full kitchen



ADD TO FAVORITE

Are you looking for a Deli or restaurant space in the middle of the San Diego Midway district?

Here it is, the center itself is bustling, and the surrounding business/retail and residential areas are ideal for many different concepts.

Think Mexican, Chinese, Japanese, Thai or re-brand the existing high volume Deli to keep all of the goodwill built up here , the opportunities are wide open. 

Huge vehicle traffic everyday coming right to your doorstep. Location has good signage that faces the extremely busy road they are located on.

They are  just off of the Eight freeway, minutes from Ocean Beach, Point Loma, the Sports Arena, Kobey’s swap meet and the planned Midway Rising development that will be revitalizing the entire area.

Currently this thriving deli is delivering big money to the bottom line. The name will not convey but you can continue the Deli concept, just simply re-name the place!

You will see from their sales and income that this is an ideal location for a deli and/or many other restaurant concepts.

2023: As a deli they did $574,682 in sales for 2023 with bottom line net income of $158,530.

First Quarter 2024 had sales of $152,621 and bottom-line net income of $47,433.

For the full year 2024, they are on pace to do over 600k in sales and nearly 200k of net income.

This is an asset type sale since the name and menu is not going to convey, but an easy re-branding keeps it rolling here. 

The Kitchen is large and will accommodate nearly any landlord approved concept.

There is a 12-foot hood system in place, a 9x7 walk in cooler, double fryer, large griddle, two cold prep tables, three door freezer, and much, much more, this kitchen is ready to PRODUCE!

There is currently a 41 license in place if you want to have beer and wine available for your concept.

If you don’t need the license the price will be the same and escrow will close much faster (25 days vs 90 days.)

The space itself is approximately 1825 sq feet with a large dining area and even a covered patio for some outside dining options.

The landlord is ready to do a brand-new lease, so this is a fantastic opportunity to get the lease you need to make this space work for you.

Owner is currently paying  $4288 for base rent and $1850 for CAM plus $186 for water.

All in rent is $6299 for this restaurant space.

Come by today to see if this the one you have been waiting on.

 

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:
Current term expires August 2024 w five year option availalbe
Total Monthly Rent:
$6,299

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
3
# of Working Owners:
1
Hours Open:
Monday- Saturday 10-8
Sunday 10-7
Year Established:
2022
Hood System Type 1:
Yes

Facilities

Indoor Seating:
30
Outdoor Seating:
8
# of Parking Spots:
100
Inside Sq. Ft.:
1,825
Outside Sq. Ft.:
200

Highlights

  • Midway San Diego Location
  • Busy Center
  • extremely high vehicle traffic
  • many concept options to bring in to the space
  • re-brand and keep high volume deli concept
  • Good visibilty from street
  • Faces the super high traffic street
  • Full kitchen with large 12 foot hood system
  • large walk in cooler
  • 41 license
  • patio seating area

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,868 106,431 413,518
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,630 51,813 188,719
2010 Persons Per Household 2.12 1.89 2.07
Median House Value $466,300 $607,045 $502,728
Income Per Household $59,719 $62,672 $59,977
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,545 4,753 18,393
2012 Number Of Employees 53,028 134,132 667,416
2012 Total Annual Payroll $1,053,516,000 $2,742,160,000 $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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