San Diego Restaurants For Sale
You just saved 100K! Beach area Restaurant, live entertainment, full bar, plenty of parking
Priced slashed owners want out!
Here is the ultimate beach area restaurant and bar located in the heart of an upscale coastal community. The atmosphere is casual and friendly and sales are booming!
No details were overlooked in building out this restaurant. There is a place here for everyone. With a comfortable/ casual dining area, a great open full bar area, a stage for properly permitted live entertainment and a secluded wine bar area with a super high end refrigeration system, this is a restaurant that was designed for success.
The Owners did their research and found this location with the ideal demographics, an outstanding, close to all beach area location, super easy highway and freeway access that even has plenty of dedicated parking. So they invested and built out their dream location opening for business in 2012.
With a build out of over 700k in one of the best beach restaurant locations in all of southern California they have since decided that living in LA and owning a restaurant/bar in San Diego is a grind.
Can you say “golden opportunity”? Their loss can be your gain. This is the place, buy it, thank them and be ready for your success.
Now is the time to get into this prime beach area restaurant. They are busy year round but with the Del Mar racing seasons set to be expanded to two or even three racing seasons per year, the disposable income in this area is ready to explode.
The restaurant space is approximately 4400 Square feet with a nice pet friendly patio area overlooking the 101. Rent is $14,345/ month plus CAM and includes plenty of parking with the steps away dedicated center parking area. This is a premium space.
Gross sales in 2012 were $918,469 with an adjusted net of approximately 80k.
2013 is looking even better with YTD sales through 8/12 of $640,353.81.
Monthly expenses are approximately 65k leaving 12-15k at the bottom line. All this and they are not even open for lunch during the week.
Location is a local favorite. visit the location and shop around for other beach area locations and you will see that this is a restaurant that has tremendous value and will be a great investment for the right owner.
Listing brought to you by Stone path brokerage services DBA Selling restaurants San Diego.
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
Facilities
Highlights
- Upscale Beach area location
- Solana Beach, Del Mar, Encinitas, La Jolla-in thehaert of it all
- Great build out
- Full bar -liquor and entertainment licenses
- Nice patio
- Lots of parking
- Easy access
- High end wine storage and keg lines/storage
- Fun atmoshphere
- Yelp reviews show the love for this place
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 12,820 | 37,547 | 142,588 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 5,304 | 15,664 | 56,849 |
| 2010 Persons Per Household | 2.27 | 2.27 | 2.53 |
| Median House Value | $950,300 | $910,249 | $814,981 |
| Income Per Household | $87,701 | $101,285 | $107,680 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 904 | 2,018 | 6,474 |
| 2012 Number Of Employees | 14,916 | 31,124 | 129,776 |
| 2012 Total Annual Payroll | $369,183,000 | $701,280,000 | $3,467,317,000 |
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.
#6016Ultra nice restaurant-Near new condition upper middle income demo'sLease:expires 3/2026 with five year optionMonthly Rent:$10,066Square Feet:1,607
#6502Deli- full kitchen- full size Pizza ovens-great rent and sales!Lease:expires 11-1-2029 additional term availableMonthly Rent:$2,745Square Feet:2,000
#665248 Lic Bar-Super clean-turn key location-lots of parking-Cheap rentLease:Expires 8/2028 with new lease-options availableMonthly Rent:$4,285Square Feet:1,750
#6722Long established-profitable-cheap rent-seller will train!Lease:Expires 8/1/25 New lease availableMonthly Rent:$2,187Square Feet:833
#6740Convoy area-great location and rent! BARGAIN!Lease:expires 2/2028 with five year optionMonthly Rent:$11,150Square Feet:4,140
#6756Mexican Food Location with large outdoor area-41 licenseLease:Expires March 2026-NEW LEASE TO BE DONEMonthly Rent:$5,217Square Feet:2,400
#6772Mex Food-Thai-bring your concept-Huge Vehicle traffic locationLease:Expires Jan 2026 with five year optionMonthly Rent:$3,100Square Feet:1,100
#6803Perfect Mexican Food location-$2862 rent- ideal demo's huge trafficLease:expires 12/1/2027 plus three year optionMonthly Rent:$2,862Square Feet:900
#6804Great location-high traffic-41 lic-long established-full staffLease:Exp 10/28 plus 5 yr optionMonthly Rent:$6,161Square Feet:1,987
#6813Huge traffic center-Ideal for Sushi-41 licLease:New lease availableMonthly Rent:$5,970Square Feet:1,599
#6839Premier Beach Location-parking -patio-dual concept -Boba tea and AsianLease:expires March 2028 w five year optionMonthly Rent:$9,648Square Feet:2,086
#6848Premier Mall location-high visibility-easy operations-franchiseLease:Expires 1-31-2028Monthly Rent:$9,964Square Feet:913