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#5111
San Diego

High Volume Traffic Location - Beer & Wine - San Diego

$79,999
Sold
High Volume Traffic Location - Beer & Wine - San Diego
This Listing is Sold

Go see this business by selecting the link to the left "Want Name/Address."

San Diego restaurant, long established on super busy major thoroughfare.

Restaurant was established in 2007 and has undergone very nice renovations and upgrades over the past two years.

Beer and wine license is in place.

Located on a corner end-cap with plenty of parking. The restaurant is long established in the right neighborhood.

They are right in the middle of Point Loma with the outstanding demographics of that upscale area.

Currently a very popular Greek and Mediterranean concept with a beer and wine license in place.

Just minutes from the University, Airport, liberty station, beaches and downtown you can easily capture business from all these nearby areas.

They have a large patio area facing the busy street and lots of signage visible as your potential customers are driving by.

The kitchen has two complete hood systems; one six feet long and the other 10 feet long both with Ansel fire suppression systems in place.

Seller states gross income in the 22-24k per month range and net income of 4-5k per month.  

Current owner splits time with LA business he is starting. Full time owner operator family could eliminate $6,000 plus in employee labor.

Restaurant is approximately 1,300 sq ft plus the large patio area.

Rent is $4,200/month all in including NNN. Current lease term expires June of 2020 with a five year option available.

Come visit this restaurant today to see if it is the one you have been looking for.

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

Lease

Region:
San Diego
Total Monthly Rent:
$4,200

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
1
# of Working Owners:
1
Hours Open:
Daily 11-10pm
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
Outdoor Seating:
30
Inside Sq. Ft.:
1300
Outside Sq. Ft.:
400

Highlights

  • San Diego restaurant on super busy street
  • beer and wine license in place
  • great patio area
  • two full hood systems
  • great online reviews
  • great demographics
  • Near University

Financing

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

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, 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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