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#4116
San Diego Restaurants For Sale

Profitable, Award winning dessert,high margin product, busy center

$129,999
Sold
Profitable, Award winning dessert,high margin product, busy center
This Listing is Sold

Here is your opportunity to get into a profitable, fun and super high margin business that is a steady performer and has been established now for almost five years.

Recently named a top 25 dessert location for all of San Diego, Y ou and your customers both will absolutely love this product!

Shop is located in the heart of Scripps Ranch and the outstanding upper middle income demographics that go along with it.

Current owner built this business from the ground up and it has been a labor of love. She is ready now to hand it over to the next owner allowing you to reap the benefits of her hard work and dedication to the building and branding of this business.

If you are looking for a truly turnkey business and ready to hit the ground running, look no further this is the place for you.

Yelp and other reviews are outstanding and this has now become a local favorite hangout spot. They sell a unique and authentic product that you only need to try once to fall in love with. The product lends itself perfectly to eat-in, to go and of course catering and special events.

Employees are great and love their jobs. The atmosphere is great and you can’t help but have a good time as you serve this super popular product to their loyal customers. As soon as you walk through the front door the island style attitude and fun loving laid back atmosphere permeate the room and you won’t be able to help but think this is awesome and I get paid to do it!   

Sales are steady at approximately 200k per year and that is without the largely untapped “outside the four walls’ special events opportunities. Annual net for 2013 was 35k with lots of room to expand.

The business is located in one of the busiest centers in all of Scripps Ranch, anchored by a grocery store, many banks and several other huge drivers of traffic to the center.

The space is 990 square feet with base rent at $2644 and CAM of $1003. Your total monthly rent is $3647.

The current lease term expires in September of 2015 with a five year option available.

Come see for yourself this outstanding opportunity to get into a great business in a community that loves to spend money.

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 2015 plus five year option
Total Monthly Rent:
$3,647

Financials

Last Year's Annual Gross:
$186,006
Last Year's Owner's Cash Flow:
$35,001
EBITDA:
$35,001

Operations

# of Part-Time Employees:
10
Hours Open:
12-9 daily
Year Established:
2009

Facilities

Indoor Seating:
12
Inside Sq. Ft.:
990

Highlights

  • Fun business to own
  • Profitable
  • great customers and customer base
  • located in very busy center
  • employees love working here
  • great demographics
  • super low cost of goods=very high margins!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 53,664 310,868
Households 3-mi. 5-mi
2010 Number Of Households 17,009 102,371
2010 Persons Per Household 3.03 2.82
Median House Value $577,700 $570,309
Income Per Household $107,870 $105,748
Businesses 3-mi. 5-mi
2009 Number Of Businesses 644 6,965
2012 Number Of Employees 12,558 211,464
2012 Total Annual Payroll $462,526,000 $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, 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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