Established 10 years, a quick casual restaurant with loyal customers

Established 10 years, a quick casual restaurant with a loyal customer base, and separate supplement business.

If you�ve been searching for a turn-key restaurant or a fully equipped restaurant for your new concept/franchise expansion, check this one out. This neighborhood center is located in the UTC area of La Jolla and has densities of 75K in 3 miles and 202k in 5 miles; the extremely high daytime population of 105k in 3 miles makes this a very busy breakfast and lunch location. The sheer number of businesses in the surrounding area of UTC makes catering a viable offering to grow your business. There are 33k households in a 3 mile radius, with a high percentage of renters in condos and apartments within walking distance, making this a great dinner option for the right menu. The current business has a monthly gross of $40k, and reselling dietary supplements have bumped this up to $45k in some months. The trade name does not convey in this transaction, however the entire system can be negotiated outside the scope of this listing. The location currently has a beer and wine license; however the current menu does not capitalize on this offering. Rent compares to other retail spaces in this area of La Jolla. What makes this a great deal is the opportunity to run it as is, or simply utilize the infrastructure for a new concept. The current owner is the management, however, several key employees have been there 10 years and would welcome an opportunity to stay.

Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	46,662	139,478	238,512
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	19,725	57,895	99,419
2010 Persons Per Household	2.20	2.29	2.28
Median House Value	$576,200	$658,397	$625,702
Income Per Household	$65,871	$75,344	$70,291
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	1,206	4,737	11,249
2012 Number Of Employees	37,098	120,814	427,926
2012 Total Annual Payroll	$1,335,664,000	$3,720,456,000	$4,294,967,295

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