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Here is a Mediterranean concept restaurant ready for you to turn the key and start counting your money.
Build out for this location is valued at nearly 500k, are you looking to save yourself a quarter million dollars and step right in to a well established restaurant? If so, this is the place for you.
Beer and wine license is in place.
This beautiful restaurant is located in an extremely busy center in a very affluent and centrally located area of San Diego.
Access from the freeway and nearby residential are both outstanding, the shopping center itself can be seen as you exit the freeway, 30 seconds later you are at their front entrance.
Many big draw tenants help bring a huge flow of traffic to the center.
You will be impressed by the atmosphere and modern decor.The set up and build really are amazing, no expense was spared as they built this restaurant out.
Kitchen has everything you could ask for. Double hood systems, wood burning stove, tandoori oven, walk in cooler and freezer, gyro stand, you name it and it's here ready to go.
The restaurant is coming into it's third year and sales are continuing at a strong pace with average monthly sales close ot 60k.
2016 sales were $692,139 and 2017 sales are expected to be in the same range.
Seller has a full time job and spends very little time at this restaurant, if you are planning to be an owner operator the expectation for bottom line profits would be in the six figure range!
Currently a general manager is in place with a salary of 50k plus payroll taxes.
Yelp and other online reviews are fantastic.
This is a staff run operation, imagine the possibilities with you in here running the restaurant and operating it at peak efficiencies.
All equipment and furniture are in near new condition.
The restaurant is 2251 sq feet with monthly rent of $7,600 plus nnn. Lease runs through 2020 with a five year option available.
Come by today to see if this is the location you have been searching for.
|2014 Total Population||35,145||164,434|
|2010 Number Of Households||11,574||51,951|
|2010 Persons Per Household||2.83||3.00|
|Median House Value||$627,000||$503,703|
|Income Per Household||$124,099||$100,718|
|2009 Number Of Businesses||905||3,150|
|2012 Number Of Employees||23,088||78,172|
|2012 Total Annual Payroll||$734,895,000||$2,019,280,000|
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