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#3438
San Diego

Bar and Restaurant, great rent and food large alcohol selection

$99,999
Sold
Bar and Restaurant, great rent and food large alcohol selection
This Listing is Sold

Here is the neighborhood bar and restaurant  that you have been looking for. It has only been open since the beginning of 2011 and has already made a great name for itself. The reviews are excellent and after sampling the food and enjoying the great selection of beers available you will  want to own this place yesterday.

Sales have been increasing monthly and currently are in the 30k per month range. Had the right employees been in place, 40k monthly sales would have already been happening.

The location is in South Old Town just minutes from downtown. The densely populated surrounding residential neighborhood has already claimed this place as their own, providing an excellent sales base that is sure to keep expanding as the word continues to spread.

The kitchen has a great equipment package in place  to prepare the current menu offerings (the pizza and burgers are outstanding) in addition to just about anything else you would like to add to the menu.

The beer tap system is a high end system providing twelve different options for tap beer.  Football season is upon us, now is the time to get into the bar and restaurant business.

The space is 1760 square feet with a rent that includes CAM of only $2650/month. At current sales rates your rent is well under 10%, easy to make money in a place with this kind of rent factor.

If you have been looking for a well set up bar, with good sales, great food, a fun atmosphere and cheap rent, here it is, don't miss out on the chance you have been waiting for. 

This is a Stone Path Brokerage Services, Inc. Listing

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 July 2015 plus one five year option
Total Monthly Rent:
$2,650
Security Deposit:
$1,500

Operations

Liquor License:
41
# of Full-Time Employees:
1
# of Part-Time Employees:
2
Hours Open:
11am-10 pm
Monday-Sunday
Year Established:
2011
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
4
Inside Sq. Ft.:
1760
Outside Sq. Ft.:
200

Highlights

  • South Old Town location
  • Great Yelp reviews
  • High end Beer Tap system in place
  • Burgers are a top choice
  • Great atmoshphere
  • Easy in and out access
  • Neighborhood favorite
  • Total rent including CAM only $2650

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, 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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