Price Just reduced for this Franchise Sub Shop to convert into your special business. This is being sold as a non-franchised restaurant. This is a great turn-key restaurant for a buyer looking for a fully operational and stocked restaurant for conversion. $32,000 (Firm Price) includes All the equipment, furniture and fixtures which are valued over $50,000. A restaurant with this much equipment and furniture usually costs $200,000+ to open a new location. Literally two blocks from the ocean this restaurant is situated in a prime location for year round traffic and especially the summer rush. During the summer this Beach City is host to thousands of beach goers throughout the Southland which brings a steady flow of customers. The lease is unbelievable with fixed rent until 2011. This is a great opportunity for a seasoned restauratuer or a new restaurant owner. Take the next step and complete the online confidentiality agreement and call us to obtain the restaurant name and address. Also you will be given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Orange County Restaurants For Sale
Lease Term:
4 yrs remaining + (2) 5 yr. options
Total Monthly Rent:
$2,880
Financials
Last Year's Annual Gross:
$218,376
Last Year's Food Cost %:
27
Last Year's Payroll Cost %:
12
Operations
# of Part-Time Employees:
5
Hours Open:
Monday-Saturday 11am-9pm
Sunday 11am-8pm
Highlights
- Everything included except consumable inventory
- 2 Blocks from Ocean
- Ideal location for high traffic
- Fixed Monthly Rent until 2011
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
35%
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
24,853 |
114,651 |
432,696 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
12,830 |
52,431 |
158,474 |
2010 Persons Per Household |
1.83 |
2.11 |
2.63 |
Median House Value |
$286,000 |
$591,415 |
$524,286 |
Income Per Household |
$51,211 |
$73,893 |
$68,493 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
649 |
4,069 |
10,741 |
2012 Number Of Employees |
19,558 |
96,566 |
278,472 |
2012 Total Annual Payroll |
$555,368,000 |
$2,219,410,000 |
$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.