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#5745
San Diego Restaurants For Sale

Outstanding Rancho Bernardo location-20 years of going strong

$139,999
Sold
Outstanding Rancho Bernardo location-20 years of going strong
This Listing is Sold

This is a great Rancho Bernardo location in an extremely busy center with a dining area that's bright and comfortable.  

Tax returns show profits !!

Traffic count here is huge and with the corner location that this restaurant has giving great visibility to attract new customers without even trying.

Rancho Bernardo has excellent upper middle income demographics and lots of disposable income!

The restaurant was built from the ground up by these original owners. They have been the owner operators for the past 18 years and with heavy hearts are now ready to hand it over to the next owners.

This restaurant has been reporting sales in the 250k-275k per year range for each of the last three years.

Add in catering and specials events and you are looking at another 7-10k per month in sales or nearly 100K over the year!  

Net income on their schedule “C” has been in the 30-37k per year range.

Beer and wine license is already in place.

Currently and since their grand opening 20 years ago, this has been a very well received Mediterranean/Greek style concept, so continue the current profitable operations or change it up to any concept that the landlord would approve, it is a great choice to have.

Location has a very nicely set up dining area inside and some outside seating for café style dining.

The immaculate kitchen is very well maintained and equipped with everything you would need for nearly any restaurant concept you could imagine., 

14 foot Larkin hood system, walk in cooler, 8 foot cold prep table, an owned dishwasher system, it's all here and ready to go.

This restaurant space consists of approximately 1820 square feet inside and 250 square feet outside.

Base Rent is $4801/month and  NNN charges are $1813/month.

Compared with other spaces in this and the surrounding centers you are below market rent.

Current lease term expires in December and the landlord is ready to give you a brand new lease.    

If you are ready to hit the ground running at a profitable and popular Rancho Bernardo restaurant click on the “Sign NDA” button and go check out this outstanding opportunity.

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:
New lease available with new terms and monthly rent
Total Monthly Rent:
$6,414

Operations

Liquor License:
41
# of Part-Time Employees:
3
# of Working Owners:
2
Hours Open:
11-8 Mon-Sat
5-8 Sun
Year Established:
2000
Hood System Type 1:
Yes

Facilities

Indoor Seating:
56
Outdoor Seating:
8
# of Parking Spots:
100
Inside Sq. Ft.:
1,820
Outside Sq. Ft.:
300

Highlights

  • Been in business and thriving for 20 YEARS
  • great corner location
  • high traffic center
  • super high traffic neighbors
  • beer and wine in place
  • profitable business with tax returns
  • light and bright location with lots of windows
  • well maintained equipment

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 48,638 195,200
Households 3-mi. 5-mi
2010 Number Of Households 20,263 66,455
2010 Persons Per Household 2.33 2.78
Median House Value $491,300 $539,408
Income Per Household $92,531 $102,156
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,175 4,406
2012 Number Of Employees 42,510 158,392
2012 Total Annual Payroll $1,447,698,000 $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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