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#4845
San Diego

San Diego Beach area restaurant, great rent! Turnkey and super clean

$125,000
Sold
San Diego Beach area restaurant, great rent! Turnkey and super clean
This Listing is Sold

Here is a great opportunity to get into a highly sought after San Diego beach area location.

Surrounded by an ideal mix of super dense local residential, mixed retail/commercial and huge tourist type customers, the foot and car traffic both are some of the best in the city. Restaurant is walking distance to the beach.

This place is beach area location at its finest, located in one of the busiest shopping centers on one of the busiest streets in the San Diego beach community.

You get the best of both worlds here, close enough to the beach to draw the tourist crowd and far enough from the beach to get the locals all year around.

Keep the current concept which was on a roll with outstanding Yelp an other online reviews or convert to your own name/concept ( with landlord approval) the choice is yours.

Avoid the huge time and money wasting involved with the building out of your own place. At this price with the goodwill added to the cost of your building out a place of your own, the place is a bargain!

Kitchen has an eight foot hood system, grill, burner stove, deep fryer, high end Gyros machines, a walk in cooler and a cold prep sandwich station. It is ready to go.

It's currently a turnkey authentic Greek style menu or a few simple steps from conversion to a concept of your choice. (With landlord approval)

Current Greek style concept is known throughout the city for its quality, quantity and the outstanding value of their menu. Yelp reviews are truly outstanding and the sales prove it.

Seller would be happy to train if you are looking to continue current operations.

Seller has records to show daily gross sales of approximatley$1100 per day, with summer weekends being off the chart! Summer crowds are just around the corner; get in now to really capitalize on the numbers that are coming with them.

Opened in April of 2015 verifiable sales for the eight months of 2015 was 216k or 27k per month. Sales continue to rise and with such low rent the net income after only those eight months of operations was $33,675.

Community has been begging owners to add delivery. Are you ready to take this place to the next level?

Restaurant space is approximately 800 square feet with a nice common patio area for customers to soak up the San Diego sunshine.

Lease expires April of 2020 with a five year option available. Current rent is $1868 a month plus NNN of $432.

Family emergency forces owner out the country, this location is super clean, very well received and ready for you to continue the concept that had been thriving.

If Greek is not your concept, bring your own, now is the time and at this price, this is the place.   

Please visit our website at SellingRestaurants.com to get the name, location and photographs of this business. 

 

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 April 2020 with five year option
Total Monthly Rent:
$1,868

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
4
# of Family Employees:
1
Year Established:
2015
Hood System Type 1:
Yes

Facilities

Indoor Seating:
25
Outdoor Seating:
20
Inside Sq. Ft.:
800

Highlights

  • Cheap rent at the beach!
  • Super busy center
  • Super busy street
  • All new dining area build out
  • High end kitchen equipment
  • Great reviews
  • you will love this place!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 48,464 126,178 279,271
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 23,349 54,637 122,295
2010 Persons Per Household 1.93 2.17 2.16
Median House Value $717,300 $566,380 $550,270
Income Per Household $64,478 $63,381 $62,505
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,552 4,206 9,654
2012 Number Of Employees 38,288 109,858 270,036
2012 Total Annual Payroll $597,135,000 $1,989,184,000 $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, 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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