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#3271
San Diego

Pizza and Sports Bar San Diego Landmark

$179,000
Sold
Pizza and Sports Bar San Diego Landmark
This Listing is Sold

Here is the San Diego Landmark pizza and sports bar that you have been looking for. This place has been in business since 1986, talk about staying power! Located in the heart of San Diego ,it’s very well received pizza and sports bar atmosphere drive customers in from nearby Fashion and Mission Valley, Hillcrest, Clairemont and the coast. Just minutes from all these areas and USD College even, this location is perfectly located for this type of establishment. This place has been a local favorite for nearly four decades.
Tax returns from 2009 show 463k as gross sales and the POS for 2010 shows well over 400k. These are numbers they are doing in the middle of a recession and with a part time owner. A dedicated owner operator could easily have this place cranking up the sales in no time at all.
T.V’s, Pizza and beer it’s a great atmosphere already , just needs some fine tuning and this place is a gold mine.
Rent is currently $3289 per month or 2.25/sq. ft. CAM is .75 per square foot.
This end cap location on a super busy street has great visibility. The space is in the just the right size range at 1462 square feet and even comes with a fully fenced outside patio area.
The current lease term expires in October 2012 and there are two five year options available.
The owner wants to raise capital for another business he is looking to expand and will consider financing for the right buyer and offer.
Want to own a long time San Diego favorite? Don’t let this opportunity pass you by.

Offered for sale by Stone Path Brokers Dba SellingRestaurants.
DRE lic # 01339409

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 Oct 2012 plus (two) five year options
Total Monthly Rent:
$3,289
Security Deposit:
$3,657

Financials

Last Year's Annual Gross:
$406,000

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
12
# of Family Employees:
1
Hours Open:
Sun-thurs 11am-10:00pm

Friday and Saturday 11:00am-11:00pm
Year Established:
1986
Hood System Type 1:
Yes

Facilities

Indoor Seating:
32
Outdoor Seating:
8
Inside Sq. Ft.:
1462
Outside Sq. Ft.:
200

Highlights

  • Established in 1986
  • Sales consistantly over 400k a year
  • Located on very busy road
  • Great visibility
  • Sports bar and pizza
  • Great central location
  • Lots of parking

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 20,591 206,380 552,498
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,463 92,054 221,743
2010 Persons Per Household 1.78 2.12 2.36
Median House Value $285,000 $427,127 $408,736
Income Per Household $63,098 $57,617 $55,687
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,344 8,951 18,657
2012 Number Of Employees 99,518 396,824 679,476
2012 Total Annual Payroll $2,099,126,000 $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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