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#5830
San Diego Restaurants For Sale

$1.2 Mil Build Out-Kitchen - Gorgeous - Separate Bar Area

$299,999
Sold
$1.2 Mil Build Out-Kitchen - Gorgeous - Separate Bar Area
This Listing is Sold

Come by today to visit a restaurant/ bar with all high end equipment and furniture build out.

This restaurant and bar combo took 18 months of planning, permitting, and construction.

All new construction from the ground up awaits the discriminating buyer here.

Seller has over 1.2 million invested in this gorgeous bar and restaurant.

Doors opened in Dec of 2019, sales were 100k plus for each of the first three months months. Feb 2020 sales were 127k!

Projected annual sales were expected to be over 2 million for the first year of operations

Covid hit and everything went dark. Seller owns other restaurants and needs to raise capital.

Premier location in the heart of the Convoy Asian restaurant row area of San Diego. This place is one of the nicest restaurant/bar locations you will find in the city.   

Dining room for the restaurant is a work of art, it is beautiful and the set up and atmosphere is still the talk of the town. Rotating SUSHI CONVEYOR is already in place and ready to be put back in use as soon as the restrictions are lifted.

The adjacent bar area is decorated with a coastal San Diego theme and has huge potential.

With two distinct and separated areas you can literally operate two distinct businesses with one amazing shared kitchen.

The bar area has it’s own entrance and access to the very well built out kitchen.

Restaurant space is 6500 square feet and base rent is $16,250/month. NNN is $4230/ months

Current term expires Feb 2028 with five year option available.

The open kitchen is AWESOME. Guests feel like they are part of the action with a see through glass wall separating the dining and kitchen areas.

Kitchen has all new everything. They have TWO large walk in coolers AND a walk in freezer.

This restaurant has a 30 FOOT HOOD SYSTEM, it's huge!

Full wok system, char broiler, fryers, flat grill, rice cookers, cold prep tables and everything else you would need, installed and nearly brand new.

The kitchen is built to last and built for high volume

Keep the current concept or bring your own landlord approved concept, if you are looking for a flagship location for your concept or want a turn key restaurant ready today, this place could be the one you have been looking for.

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 Feb 2028 with five year option avail
Total Monthly Rent:
$16,250

Operations

Liquor License:
41 beer and wine
# of Full-Time Employees:
3
# of Part-Time Employees:
3
Hours Open:
Tues-Sunday
10:30-9:00
Year Established:
2019
Hood System Type 1:
Yes

Facilities

Indoor Seating:
150
# of Parking Spots:
100
Inside Sq. Ft.:
6,500

Highlights

  • Near new flagship restaurant location
  • Open style kitchen w 30 foot system
  • 1.2 million invested in build out
  • Two separate areas for business w shared kitchen
  • all high end equipment
  • Separate entrances for restaurant and bar areas
  • Completely different decor schemes for bar and restaurant
  • huge parking lot
  • Super busy center
  • 41 license

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 46,091 147,286 364,825
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,498 57,658 156,365
2010 Persons Per Household 2.70 2.43 2.20
Median House Value $387,100 $391,708 $501,072
Income Per Household $57,350 $63,233 $63,589
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,024 7,229 13,955
2012 Number Of Employees 73,138 355,856 537,206
2012 Total Annual Payroll $1,609,153,000 $4,294,967,295 $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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