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#6413
San Diego Restaurants For Sale

Restaurant Downtown San Diego-Gaslamp area-ready NOW -seller financing

$199,999
Restaurant Downtown San Diego-Gaslamp area-ready NOW -seller financing
This Listing is Expired

Here is the downtown San Diego restaurant you have been looking for.

Located on extremely busy street in the Heart of the Downtown San Diego Gas lamp district.

Small footprint makes for easy operations and low rent.

Full kitchen opens up opportunity to bring nearly any concept or menu you can envision.

Foot traffic is huge all year long but during Padre Season it is next level traffic.

Surrounded by densely populated condos and apartments, you have customers right above and all around you. You don’t need to depend only on the vibrant Gas Lamp filled with customers, you can bring locals that are only minutes of walking distance away.

Catering opportunities are huge as well, it's downtown San Diego the business hub of the city.

This restaurant has a nice entrance patio area where you can showcase menu items and draw customers in for impulse purchases.

Keep the same highly rated concept or re-brand entirely with a concept of your own that needs a downtown San Diego Gas lamp area location.

Seller has only been open for less than a year and sales have been right at 30k per month and that is with zero owner participation.

The kitchen has all the equipment for nearly any concept.

Eight-foot hood with Ansul system, two burner stove, griddle, double fryer, open flame broiler, large cold sandwich prep table, large stand-alone coolers and two separate vertical gyro cooking machines.

This restaurant space is approximately 845 square feet making for easy operations and low ancillary costs of for the space.

Current lease term expires April 2026 with two five-year options available.

Base rent is $3478/month plus CAM of approximately $800/month, so total rent is right at $4300/month.

Seller may be willing to do some seller financing with a qualified buyer.

If the downtown restaurant scene is where you want to be, come by today to see if this is the restaurant you have been waiting on.

     

 

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:
Exp 4/2026 plus two five year options
Total Monthly Rent:
$4,300

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
4
Hours Open:
11am-10pm Sunday-Thursday
11am-3am Fri and Sat
Year Established:
2022
Hood System Type 1:
Yes

Facilities

Indoor Seating:
36
Outdoor Seating:
4
Inside Sq. Ft.:
845

Highlights

  • Downtown San Diego Gaslamp area
  • Super busy area
  • Walk to Petco
  • Full kitchen
  • Heart of San Diego
  • Densely Populated area
  • Good rent
  • Nice patio entrance area
  • seller financing possible

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 34,318 66,417 355,261
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,599 38,447 151,879
2010 Persons Per Household 1.47 1.58 2.19
Median House Value $448,700 $493,942 $479,053
Income Per Household $52,550 $56,946 $55,375
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 3,848 5,592 13,566
2012 Number Of Employees 134,300 179,678 427,386
2012 Total Annual Payroll $3,347,327,000 $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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