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#6022
San Diego Restaurants For Sale

Hillcrest Location - Restaurant - Beer & Wine - Low Rent

$79,999
Sold
Hillcrest Location - Restaurant - Beer & Wine - Low Rent
This Listing is Sold

See and feel the hustle and bustle of Hillcrest right outside your front doors!

Restaurant is turn key, making for a simple transition from their concept to yours.

Two front doors lead to a nice sidewalk patio area on one of the busiest streets in the Hillcrest area.

Décor and build out are very nice.

Seller did all the work and it’s ready for you now.

Keep the same Mexican concept or bring your own to this heart of the city location with great visibility and extremely busy street frontage.

The big names are all right here, Star bucks, Luna Grill, Fig Tree, Jamba juice, so that tells you that the location is ideal for a large variety of concepts.

They have a beer and wine license already in place.

Nice bar area and a large dining area.

Kitchen has 10-foot hood system, fryer, flat grill, stove, cold storage and lots of prep area.

This is a Build out/ asset type sale.

Sales had been in the 20-25k per month range.

Restaurant is approximately 2000 square with rent of only $4000/ per month plus NNN of approximately $882/month.

Current term expires 7/2025 with a five year option available. Landlord is great and will consider adding additional term/options to qualified buyer.

Come by today to see if this Hillcrest San Diego area restaurant is the one you have been waiting on.  

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

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires 7/2025 with (1) five year option
Total Monthly Rent:
$4,000

Operations

Liquor License:
41 beer and wine
Year Established:
2020
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
16
Inside Sq. Ft.:
2,000
Outside Sq. Ft.:
200

Highlights

  • Great rent for the area at only 4k base rent
  • Extremely high traffic area
  • Huge foot and vehicle traffic
  • Densely populated area and growing!
  • 2000 Sq foot space
  • Keep current concept
  • Bring your own concept

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 31,997 191,819 530,192
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 17,827 96,767 214,897
2010 Persons Per Household 1.70 1.84 2.33
Median House Value $546,800 $445,973 $455,749
Income Per Household $62,092 $55,371 $54,328
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,637 10,616 18,841
2012 Number Of Employees 42,816 346,470 704,220
2012 Total Annual Payroll $1,085,825,000 $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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