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#874
San Diego Restaurants For Sale

Fast Casual, Asian Fusion Cuisine

$140,000
Fast Casual, Asian Fusion Cuisine
This Listing is Expired
Serving wonderful, healthy Asian Fusion cuisine. This restaurant has a great modern, Asian influence and is located in the heart of Hillcrest with plenty of foot traffic and hard to find parking! There is table seating for 16 with additional bar and counter seating available. There is convenient and dedicated front in parking, which makes this a great location. Just blocks away from UCSD and Sharp Hospitals. A new owner could increase sales by implementing a convenient take away/catering menu for the dense residential population and day time population. There are contracts with Mobile Waiter, Dinner to You, as well as other catering company's. The owner is under a month to month tenancy at the moment. There are plans to demolish the entire building and city block within the next 2 years to build a condo project, street level retail and underground parking. Landlord will negotiate a new lease giving you the first right of refusal for occupancy in the new building. Rent and tenant improvement dollars will be negotiated with the new tenant.
This is a Rob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
New 5 Year Lease
Total Monthly Rent:
$3,400
Security Deposit:
$3,400

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
11:00-10:00 Monday-Sunday
Year Established:
1985
Hood System Type 1:
Yes

Facilities

Indoor Seating:
12
# of Parking Spots:
20
Inside Sq. Ft.:
1,200

Highlights

  • Wonderful, healthy Asian Fusion cuisine
  • Modern Asian influence
  • Located in the heart of Hillcrest
  • Table seating for 16
  • Convenient and dedicated front in parking
  • Contracts with Mobile Waiter, Dinner to You
  • Owner is under a month to month; New Lease to be written
  • Plans to renovate building, Landlord will negotiate a new 5 year lease
  • First right of refusal for occupancy in new building
  • Rates and Tenant Improvement Dollars yours to negotiate

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 31,997 191,819 530,192
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 17,827 96,767 214,897
2010 Persons Per Household 1.70 1.84 2.33
Median House Value $546,800 $445,973 $455,749
Income Per Household $62,092 $55,371 $54,328
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,637 10,616 18,841
2012 Number Of Employees 42,816 346,470 704,220
2012 Total Annual Payroll $1,085,825,000 $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, 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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