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#3769
San Diego Restaurants For Sale

Bring all offers! Great El Cajon area, Corner location, Restaurant for Sale with Great Patio and visibility

$110,000
Bring all offers! Great El Cajon area, Corner location, Restaurant for Sale with Great Patio and visibility
This Listing is Expired

Owners says bring them an offer!

Mediterranean style restaurant in the heart of the city with the second largest concentration of middle eastern residents in the country.

Located in a mixed use area of a large city (well over 100k residents) the demographics are ideal for this or many other restaurant concepts. 

This healthy alternative is fast becoming a favorite of diners everywhere, continue as current concept or bring your own. 

This restaurant has a great corner location with excellent visibility. In a recently redeveloped area of the city that has nice wide sidewalks and easy parking. Corner location allows signage on two sides that can be seen from cars traveling in either direction down the very buys street that it's located on.

Established in 2002 the current owners purchased in 2008 and have remodeled the interior, kitchen and patio areas. Kitchen has all near new equipment ready to prepare the current concepts food menu or nearly any type of food you could dream up for your own concept.

Location has a beer end wine license in place.

The enclosed patio faces the street and has a nice BBQ area allowing the showcasing of whichever food you would like to prepare.

Seller states gross sales are in the 20-25k per month range. With a dedicated owner operator in place this is a location that would lend itself to substantially higher sales.

Restaurant is approximately 1800 square feet inside with another 700 square feet of enclosed patio area. Rent including NNN is $4261 per month. Current term expires in April of 2013 with a five year option available.

Listing brought to you by Stone Path Brokerage Services.

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 April 2013 plus five year option
Total Monthly Rent:
$4,261

Operations

Liquor License:
41
# of Part-Time Employees:
4
# of Family Employees:
1
Hours Open:
Daily
11am-9pm
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
70
Outdoor Seating:
32
Inside Sq. Ft.:
1,800
Outside Sq. Ft.:
700

Highlights

  • Corner location
  • remodeled kitchen
  • cook inside or outside on patio

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 57,810 128,395 211,556
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,966 49,291 77,018
2010 Persons Per Household 2.82 2.55 2.68
Median House Value $380,200 $395,183 $375,384
Income Per Household $46,856 $54,232 $57,216
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,815 3,758 4,695
2012 Number Of Employees 52,004 99,692 114,258
2012 Total Annual Payroll $1,030,890,000 $2,018,522,000 $2,230,940,000

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.

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