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#4109
San Diego

San Diego restaurant near SDSU with super cheap rent

$79,999
Sold
San Diego restaurant near SDSU with super cheap rent
This Listing is Sold

Great restaurant/café with the cheapest rent you will find in San Diego.

$1302 per month is your total cost of occupancy. No additional charges for electric, gas, water or trash! All utilities are included in the rent. Hard to believe but true.

 This is a very nice café focused on the super healthy Mediterranean cuisine that is continuing its boom in popularity.

Overwhelming positive Yelp reviews attest to the growing trend supporting this healthy and organic lifestyle.

Seller recently completed a very nice remodel with lots of granite, glass and new equipment. The place looks great and could easily support a large variety of concepts in addition to the current one. Mexican, soup/salad, bring your idea to this space and make it work.

The restaurant is walking distance from the SDSU campus and even closer to the dorms and apartments filled with the always hungry students.

They have an exclusive on food sales in their building and several of the surrounding buildings owned by the SDSU research foundation.

A nearby hospital and the visitors/patients going to all the medical offices in the area also contribute to the constant stream of potential customers.

Potential is huge here, with a little bit of marketing you could see sales skyrocket, delivery and catering are largely untapped and would be a great addition to the sales base.

Current hours are Mon-Friday 7-4. Are you ready to get to work by expanding the hours or do you want to be home every day in time for dinner? The choice is yours!

Rent for this restaurant is an unbelievably low $ 1302 per month and that includes, gas, electric and water! You won’t find many better lease terms than this. Current lease expires Jan 1, 2019.

The inside restaurant space is 802 square feet and there is a nice, enclosed outside dining area as well not included in the square footage.

Don’t miss this opportunity to take over this great café.

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 Jan 2019
Total Monthly Rent:
$1,302

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
1
Hours Open:
Monday-Friday 8-4
Year Established:
2004
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
16
Outdoor Seating:
20
Inside Sq. Ft.:
802
Outside Sq. Ft.:
400

Highlights

  • Near SDSU
  • Super cheap rent-includes utilities
  • Lots of parking
  • recent remodel
  • lots of foot traffic
  • nice outside patio area
  • high margin concept
  • easy operations

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 27,585 140,488 405,944
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,971 52,797 156,544
2010 Persons Per Household 2.39 2.56 2.47
Median House Value $455,800 $427,010 $380,114
Income Per Household $81,000 $62,719 $55,249
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 965 2,458 9,827
2012 Number Of Employees 28,464 50,116 389,506
2012 Total Annual Payroll $716,212,000 $1,020,490,000 $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, 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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