Owner wants to retire!! SellingRestaurants says "Take advantage of this opportunity!"
This restaurant is 4000 sf, with a full hood system, walkin refer, deli case, beer and wine license and much more. Rent is $.86 sf, $3,450 a month water included, with no CAM or NNN. But wait, it gets better, there's additional rental income of $340.00 per month from an adjacent office, and $600.00 more income per month from renting extra kitchen space to a local baker, thereby reducing your rent to $2,510.00, an unbelievable $.63 a sq ft!!
Since they opened over a year ago, according to the seller, sales have been increasing, averaging $20K plus per month, buyer is to confirm this, as Selling Restaurants does not verify income.
However, you could easily increase sales and profits by promoting and delivering lunch to nearby offices and warehouse and by on site taco catering.
Now the best part! The owner will consider a 50% down payment and carry back a note for the balance! The owner is also willing to let you pool your food purchases with them, therefore lowering your food costs!
This owner is highly motivated, MAKE AN OFFER!
This is YOUR OPPORTUNITY!! Select one on the orange buttons below, register at no cost or obligation, and receive more photos and the address of this restaurant. As a priority buyer, you will receive any price reductions and all new listings, before they are released to the general public.
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 Bernardino Restaurants For Sale
Lease Term:
expires 09-30-2013
Total Monthly Rent:
$3,450
Operations
# of Full-Time Employees:
3
# of Part-Time Employees:
2
Hours Open:
7am to 8pm Mon-Fri
Closed Sat-Sun
Highlights
- Great Rent!
- Plenty of Auto & Truck Traffic!
- Beer and Wine!
- Owner Will Carry Note For Part of Purchase!
- Add Delivery and Catering for More Profit!
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
7%
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
30,980 |
237,047 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
8,417 |
63,826 |
2010 Persons Per Household |
3.57 |
3.62 |
Median House Value |
$297,000 |
$258,128 |
Income Per Household |
$64,409 |
$61,886 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
531 |
4,910 |
2012 Number Of Employees |
28,098 |
220,828 |
2012 Total Annual Payroll |
$578,715,000 |
$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.