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#957
San Diego Restaurants For Sale

Beautiful Restaurant in Great High Traffic Location with Low Rent

$150,000
Sold
Beautiful Restaurant in Great High Traffic Location with Low Rent
This Listing is Sold
If you are looking for a professionally designed and decorated restaurant with a hometown feel this place is for you.
Located just minutes from downtown this centrally located restaurant has a great lease with monthly rent of only $2032. The rent factor for 2007 was 5.41% of sales. Cozy interior and open floor plan allow for easy oversight during operation. Restaurant is staffed and ready to continue operations.
Currently only open six days a week for dinner along with Sunday brunch. Expanding hours would bring sales up even higher. Special sunset dinners give the restaurant a fun, fresh feel. The menu is distinctive and vibrant with large portions and reasonable prices. Restaurant enjoys a large loyal customer base who visit often.
This restaurant is turn key with all top of the line equipment. Click on the orange button below to get more pictures and the address of your new restaurant.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
expires Sept 2009 LL will negotiate new lease if desired
Total Monthly Rent:
$2,032
Security Deposit:
$3,000

Financials

Last Year's Annual Gross:
$450,410

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
15
Hours Open:
Dinner Tues-Sun 4:00-10:00pm
Sunday Brunch 9:00am-2:00pm
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
16
Inside Sq. Ft.:
1,350
Outside Sq. Ft.:
200

Highlights

  • Central location near downtown
  • High traffic intersection
  • Beautiful decor package professionally designed
  • Heated patio dining
  • Neighbor hood gathering place brings consistant revenue
  • Wine bar
  • Dessert bar
  • Only $2032 for montly rent includes cam!
  • Very nice restaurant website
  • Excellent menu variety

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 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, 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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