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#5187
San Diego Restaurants For Sale

San Diego restaurant, Low rent, great reviews, Beer & Wine for Sale

$99,999
San Diego restaurant, Low rent, great reviews, Beer & Wine for Sale
This Listing is Expired

Go see this location on your own time. Select the link to the left "Want Name/Address" and take a drive out!

San Diego Indian food restaurant with Beer and wine license. Great lease, good volume turn key restaurant.

Located in super busy center with long time San Diego favorites that are constant draws to the center and area.

Yelp and other online review sites and their customers have very high praise for this long established local favorite restaurant.

Food is authentic and extremely well received by their patrons.  

Close to major San Diego attractions including the airport, beach, Sea world, down town and the sports arena

Sales reported by seller are approximately 40-45k per month. Even at the low end of the monthly sales range the rent factor is well below 10% allowing for plenty of cash to flow to the bottom line.

Net monthly income per seller provided profit statement is $6177.

Kitchen is nicely equipped with 10ft hood system, six burner stove, tandoori oven, griddle, cold prep table and plenty of cold storage units

Restaurant space is 1556 sq feet with monthly rent 2349 plus CAM of 600 with includes water.

Current lease term expires 2018 with a three year option available. Landlord will consider a brand new lease with a qualified tenant.

Seller is moving out of the country, this is your chance to take over what he has built out and continue to expand the top and bottom lines. 

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:
Expires May of 2018 with option available or brand new lease
Total Monthly Rent:
$2,349

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
6
# of Working Owners:
1
Hours Open:
Daily 11-9
Year Established:
2013
Hood System Type 1:
Yes

Facilities

Indoor Seating:
68
# of Parking Spots:
100
Inside Sq. Ft.:
1,556

Highlights

  • Central San Diego location
  • Great draws to center from neighbors
  • located on super busy street
  • great rent factor
  • lots of free parking available

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 25,868 106,431 413,518
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,630 51,813 188,719
2010 Persons Per Household 2.12 1.89 2.07
Median House Value $466,300 $607,045 $502,728
Income Per Household $59,719 $62,672 $59,977
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,545 4,753 18,393
2012 Number Of Employees 53,028 134,132 667,416
2012 Total Annual Payroll $1,053,516,000 $2,742,160,000 $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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