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#5462
San Diego

Popular cafe in busy and growing area, franchised location-SBA loan

$325,000
Available

Get into a Franchised dessert/coffee/smoothie concept with a very good stand-alone mall location. 

Area is booming and is one of the fastest growing residential areas in all of San Diego county. 

Super easy operations perfect for a husband /wife or two partner ownership structure.

Build out was well over 425k. Get in at the busy time of year with none of the time consuming hassles of  planning, permitting and building out on your own.

Kitchen and cafe has all new equipment from the new construction build out in 2015.

Potential for SBA loan here.

Tax return sales in 2017 were $421,486. 

Tax return sales in 2018  were $418,611.

Recent 2019 monthly sales have been in the 40-45k range. 

2017 adjusted Net income was $92,946.

2018 adjusted net income was $89,716. 

Located in a very popular South San Diego mall filled with customers all year long..

There is plenty of parking and the Mall has many big name popular retail stores to help drive traffic your way.

Café serves wide variety of popular items. Boba drinks, coffee’s, smoothies, desserts and sandwiches and cookies just to name a few.

Menu consists of margin items keeping food cost low and helping drive profits up. 

This corner location café has outstanding two story visibility and  is approximately 1028 sq. feet with plenty of outside seating including an enclosed common dining area.

Rent on this café is $3606 plus CAM/Operating area rent of approximately $2400. Total rent of approximate $7,000.

Current lease term expires in Feb 1st 2027.

If you are ready to roll up your sleeves and get to work this, is an ideal situation you can buy into and start making good money immediately.

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

Lease

Region:
San Diego
Lease Term:
Expires Feb 2027
Total Monthly Rent:
$3,606

Financials

Last Year's Annual Gross:
$418,611
Last Year's Owner's Cash Flow:
$89,716
Last Year's Food Cost %:
23.9
Last Year's Payroll Cost %:
12.3
Last Year's Rent %:
17.7
EBITDA:
89716

Operations

# of Part-Time Employees:
6
# of Family Employees:
1
Hours Open:
Daily 11-8
Year Established:
2015

Facilities

Indoor Seating:
16
Outdoor Seating:
100
# of Parking Spots:
plenty
Inside Sq. Ft.:
1028
Outside Sq. Ft.:
4000

Highlights

  • National franchise cafe
  • high margin menu items
  • compact cafe-easy operations
  • large common area
  • busy mall location
  • growing area
  • large adjusted net income
  • Possible SBA loanable

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 29,305 93,973 275,385
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,070 23,534 74,314
2010 Persons Per Household 3.49 3.44 3.43
Median House Value $365,800 $394,717 $335,772
Income Per Household $94,665 $90,927 $67,370
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 337 985 3,958
2012 Number Of Employees 8,682 20,000 92,178
2012 Total Annual Payroll $98,636,000 $317,246,000 $1,675,373,000

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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