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#5503
San Diego

Near New San Diego Restaurant-Asian/Bobo Drink in Super Busy Center

$69,999
Available
Near New San Diego Restaurant-Asian/Bobo Drink in Super Busy Center



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San Diego Pho restaurant in near new condition!

Located in super busy City Heights shopping center. Large anchor grocery store and many national chains are all here in this bustling center.

The Shopping center is the hub of this high density neighborhood, walking distance for many nearby residents and a one-two minute drive to the rest of the surrounding apartments, condos and single family residences of this vibrant neighborhood.

Corner location for this restaurant provides great visibility with lots of windows and advertising opportunities.

Current concept is beginning to take off and their Bobo drinks are flying out the doors.

Seller states sales of approximately 25k per month with very little owner involvement. Owner has other restaurants and does not have time to owner-operate this location.

Full kitchen includes, walk in cooler, 12 foot hood system, double fryer, stand up freezer, cold prep table, four burner stove and plenty of room for high volume.

Nice dining area seats approximately 40 customers,

Keep the current Pho/ Asian concept or bring your own to this outstanding neighborhood shopping center.

Restaurant space is 1500 sq feet. Rent is $5486/month with CAM of $716,

Current lease term expires December 2023 with a five year option available.

Come by today to see if this is the place you have been waiting on.   

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego
Lease Term:
Expires Dec 2023 plus five year option
Total Monthly Rent:
$5,485

Operations

# of Part-Time Employees:
4
Hours Open:
daily 10-8
Year Established:
2019
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Inside Sq. Ft.:
1500

Highlights

  • Super busy shopping center
  • Corner location
  • Good visibility
  • popular concept
  • high margin bobo drinks
  • high density neighborhood
  • lots of apartments and condos surround location
  • easy freeway access

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 72,930 288,115 572,087
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,540 94,008 196,301
2010 Persons Per Household 3.37 2.94 2.79
Median House Value $266,700 $327,884 $347,011
Income Per Household $37,534 $44,724 $49,397
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 524 2,860 10,581
2012 Number Of Employees 14,392 59,216 310,544
2012 Total Annual Payroll $299,002,000 $998,295,000 $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, 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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