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#4126
San Diego

Newly built restaurant, long term lease, high density area

$149,999
Sold
Newly built restaurant, long term lease, high density area
This Listing is Sold

Beautiful newly constructed restaurant, ready as turnkey operation or change to any concept you would like. Seller recently opened after over six months of planning, permitting and construction headaches and delays.

 Ownership dispute forces sale. Their loss is your gain; avoid the maddening process of building out your own place, the hassle and endless construction delays are over. The owner did all the hard work and you can reap the rewards.

Over 300k was put into this space and the owner says “Just sell it”

Bring a reasonable offer and get the deal of a lifetime.

Currently a burger/Mexican food theme is in place but this location easily converts to just about any concept you would want.

Vietnamese, Chinese, full Mexican, this place is ready to be your dream location. Demographics in the area support many different quick serve concepts; could one of them be yours?

Kitchen has huge 12 foot hood system with grill, fryer, oven and all the equipment you need for high volume food production.

Walk in cooler and freezer along with plenty of dry storage provide all the room for your product you will need.

The open kitchen provides a great guest experience and really shows off the food. Want your guests to see and smell your food as an enticement for purchase? This is the way to do it.

Located on a super busy street with a dedicated parking lot and a large double pole sign this place gets noticed by 1000’s of cars daily. The Restaurant is walking distance from many high density residential units and with nearby convenience stores providing a constant stream of customers, your potential customer base is right there and huge.

The space is approximately 2418 square feet and rent is $3750/ month.

Current lease term expires in June of 2019 and there are two five year options available. You will have this restaurant locked up for a long time.    

If you are looking for multiple locations and want to realize economies of scale right away, the seller has two additional units with the same concept also available for sale.  

Seller wants out now and all reasonable offers will be considered. 

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 June 2019 plus (two) five year options
Total Monthly Rent:
$3,750

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
6
Hours Open:
Daily 11-9
Year Established:
2014
Hood System Type 1:
Yes

Facilities

Indoor Seating:
60
# of Parking Spots:
20
Inside Sq. Ft.:
2418
Outside Sq. Ft.:
300

Highlights

  • Great Demographics for this concept
  • Located on super busy street
  • Dedicated parking
  • beautiful interior design
  • All new equipment when built out
  • Open Kitchen design
  • Long Term lease

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 56,928 144,610 528,723
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,869 38,400 154,117
2010 Persons Per Household 3.44 3.61 3.29
Median House Value $263,500 $258,020 $327,277
Income Per Household $37,987 $40,025 $49,488
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,242 1,856 6,850
2012 Number Of Employees 37,586 64,090 196,294
2012 Total Annual Payroll $574,775,000 $1,025,820,000 $3,554,241,000

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, 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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