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#6155
San Diego Restaurants For Sale

San Diego Sushi-SBA potential-high volume-busy center-MONEY MAKER

$199,999
Available
San Diego Sushi-SBA potential-high volume-busy center-MONEY MAKER



ADD TO FAVORITE

Tax return profitable South San Diego Sushi in extremely busy neighborhood center.

Starbucks, McDonalds and a proposed In-N -out are all walking distance and huge traffic draws

 One of the busiest centers in the South Bay area draws customers from high density surrounding residential areas.

41 license is in place and active.

Well established Sushi with large following. Yelp and other online reviews are outstanding.

Seller built this location out in 2016 at a cost of nearly 250k. Hit the ground running with six years of goodwill built in.  

Demographics in this area are ideal for Sushi/Ramen/Poke.

Located off  of an extremely busy road with super easy freeway access, catering is untapped.

With the big name draws to the center there is a tremendous amount of traffic flowing through the area, easy to bring new customers in.

Nice dining area, with TV'S and comfortable atmosphere with plenty of seating.

Kitchen is designed right with a large 16 ft American hood system, 24' broiler, six burner stove, grille,  fryer,  two cold prep tables and a large walk-in cooler.

Sales are trending back up as the Covid-19 restrictions are ending. Year to date 2022 shows 63k average monthly sales. 

2019- 622,291.

2020-581,857

2021-609,090

Adjusted Net income for past three years per the tax returns have been: 

2019-60,823

2020-53,994

2021-123,963

Restaurant space is approximately 1890 sq feet with rent of $6573 / month and CAM of $2268/month.

Current lease term expires May 2026 with possible options available.

Come by today to see if this is the San Diego Sushi location 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 Restaurants For Sale
Lease Term:
Expires May 2026 with options available
Total Monthly Rent:
$6,573

Financials

Last Year's Annual Gross:
$609,090
Last Year's Owner's Cash Flow:
$123,963
Last Year's Food Cost %:
33.2
Last Year's Payroll Cost %:
22.2
Last Year's Rent %:
17.2
EBITDA:
$123,963

Operations

Liquor License:
41
# of Part-Time Employees:
7
# of Family Employees:
1
# of Working Owners:
2
Hours Open:
Daily 11-8
Year Established:
2016
Hood System Type 1:
Yes

Facilities

Indoor Seating:
48
# of Parking Spots:
100
Inside Sq. Ft.:
1,890

Highlights

  • Tax return profitable restaurant
  • Adjusted net income for 2021 was 123K!
  • Demographics are ideal for Sushi
  • SBA potential
  • Easy freeway access
  • Consistant sales even through Covid
  • Lots of parking and easy access to restaurant
  • High density residential surround location
  • Extremely busy center

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 56,928 144,610 528,723
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,869 38,400 154,117
2010 Persons Per Household 3.44 3.61 3.29
Median House Value $263,500 $258,020 $327,277
Income Per Household $37,987 $40,025 $49,488
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,242 1,856 6,850
2012 Number Of Employees 37,586 64,090 196,294
2012 Total Annual Payroll $574,775,000 $1,025,820,000 $3,554,241,000

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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