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#3779
San Diego Restaurants For Sale

College area Bar and Grill/Sushi on the campus!

$199,999
College area Bar and Grill/Sushi on the campus!
This Listing is Expired

Here is the dream location you have been looking for. This sports bar/restaurant is literally part of a college campus. Thousands of students pass by this location on their way to class. Many have no choice, their classrooms are located above this super busy food court-retail center that has recently been remodeled.

Located on one of the most populated colleges campuses in the state, the opportunity for success is practically guaranteed.

Students plus food/beer/sports themed bar= success.

40k plus students attend this college! Foot traffic is unbelievable all day long. One of the busiest streets in San Diego runs right past this place as well.

Dorms surround this place and they are just now beginning to take advantage of the opportunity to deliver to all the students living on and around the campus.

Location is a one minute walk from a huge concert/special events and sports arena that holds nearly 20,000 people, you won’t believe the traffic and action when there are events going on and there are events going on all the time.  

This place is standing room only on event nights and most weekend nights, with ownership that is not doing well health wise. If this place had a strong owner operator in place the numbers would be even greater than they are now.

Currently the seller states that they do 70-90k per month in gross sales with an approximate net income of 25-30k!

These sales and incomes are not verified by the broker.

Owner states that credit card statements will show 60% of the stated sales as that is the approximate percent of gross sales paid via credit card.

Space is approximately 1504 square feet inside with two outside patios of approximately 750 square feet combined. One patio is enclosed and allows for outside alcohol consumption. Includes a full kitchen and sushi bar.

Rent is $5700/month.

This is a location with high volume, 15 TV’s, beer and wine, a great menu including Sushi and burgers and a huge customer base built in, it’s the place you have been looking for.

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:
Expires August 1,2013 plus five year option

Operations

Liquor License:
41
# of Full-Time Employees:
3
# of Part-Time Employees:
8
Hours Open:
Daily
10am-2am
Year Established:
2008
Hood System Type 1:
Yes

Facilities

Indoor Seating:
80
Outdoor Seating:
27
# of Parking Spots:
8
Inside Sq. Ft.:
1,504
Outside Sq. Ft.:
750

Highlights

  • Huge foot traffic location
  • Special events arena is across the street
  • Big sales volume with little effort
  • Dorms surround this place-big opportunity for delivery
  • Enclosed patio

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 57,866 184,535 521,102
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 21,251 61,242 189,973
2010 Persons Per Household 2.61 2.87 2.64
Median House Value $365,800 $337,871 $369,112
Income Per Household $41,866 $48,763 $54,342
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 856 2,755 9,655
2012 Number Of Employees 13,620 67,044 259,244
2012 Total Annual Payroll $168,986,000 $1,334,362,000 $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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