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#4252
San Diego Restaurants For Sale

Profitable franchise restaurant, low rent, high traffic bargain priced

$199,999
Profitable franchise restaurant, low rent, high traffic bargain priced
This Listing is Expired

To See This Restaurant Please Select the Golden Button to the Left "Get Name/Address."​

Here is your opportunity to get in to the number one franchised food concept in the world!

Have you always dreamed of becoming your own boss, but were not ready to go out on your own to do it?

Location is on a roll, they just had their best summer ever averaging well over 10k per week in July!

Priced at 26 times weekly average this place is a steal! 

This franchise has your back, with their proven method for success and your dedication to succeed, you will be running a profitable business from day one.

They are the biggest and best for a reason. You will never be without immediate access to help every step of the way. You reap all the benefits of being backed by this outstanding franchisor AND you are able to take advantage of all the financial benefits of running your own small business. It really is the best of both worlds

This long established location (built on 2001) is ideally located to capitalize on the huge foot traffic of the mall they are located in along with the constant potential customer traffic churning provided by the adjacent and ever expanding hotel and casino.

This restaurant is priced at only 26x their two year weekly sales average. It's a bargain.

Net income for this mostly absentee owner run location has averaged $53,190 over the last two years and that includes paying over 94k for employee payroll each year.

With an owner operator in place you could expect to eliminate 50-60k of payroll so you would be looking at net income of 100k plus per year!

That’s right you will be walking right in to a restaurant averaging nearly 400k in gross sales per year over the last two years and could expect to bottom line net over 100k!. This is a great opportunity.

They have recently been remodeled and the owner even had the foresight to install a hood system which all new locations being built out are now required by the franchisor to have in place.

The average build out cost of a location of this size for this franchise is 275k-300k. At the asking price here you are getting a huge discount on the build out/ asset value alone, and there are no guarantees with a brand new store, here you are walking into 15 years of goodwill, a profitable restaurant and the buzz of the ever expanding traffic draws this location is surrounded by.

Rent on this restaurant is right in the sweet spot at 10% of sales. The restaurant space is approximatley 1239 square feet.

They have plenty of space for inside dining and also includes access to a very nice outdoor common dining area.

The landlord is a huge fan of the franchise and is ready to negotiate a new long term lease to keep you here and profitable for years to come.

To insure system wide success the franchisor requires their approval along certain minimal financials reserves being met.   If you are a strong candidate for this great franchise opportunity please sign the NDA and you can begin the qualification process to joining the most successful franchise in the world.   

Go to SellingRestaurants.com to get more information of this listing.  

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

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
New lease available
Total Monthly Rent:
10% of sales!

Financials

Last Year's Annual Gross:
$396,713
Last Year's Owner's Cash Flow:
$46,869
Last Year's Food Cost %:
30.8
Last Year's Payroll Cost %:
23.7
Last Year's Rent %:
10
EBITDA:
$46,869

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
8
Hours Open:
9am-8 pm Mon-Sat
9am-7pm Sun
Year Established:
2001
Hood System Type 1:
Yes

Facilities

Indoor Seating:
24
Outdoor Seating:
100
Inside Sq. Ft.:
1,239

Highlights

  • profitable-earn 100k plus with dedicated owner
  • expanding customer base
  • mall location
  • great rent at 10% of sales
  • recent remodel
  • easy operations
  • franchise backed help available
  • great value
  • Area is booming and your sales will too!

Financing

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

Demographics

Population 5-mi
2014 Total Population 16,464
Households 5-mi
2010 Number Of Households 6,345
2010 Persons Per Household 2.70
Median House Value $472,500
Income Per Household $79,792
Businesses 5-mi
2009 Number Of Businesses 402
2012 Number Of Employees 9,616
2012 Total Annual Payroll $188,411,000

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, 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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