San Diego Restaurants For Sale
59k ! Asset / your concept-REDUCED RENT bring your offer!
In Escrow
NOW IS THE TIME- GET IN THIS TURN KEY LOCATION AT BARGAIN BASEMENT PRICE
Seller says let make this happen today, If you are serious about owning a restaurant, you owe it to yourself to check this place out.
Sushi / Poke To-Go Style - Modern Design - $59K Asset Sale
Description:
Avg of 787k in annual sales over last three years - offered as an asset sale for only $59K. Owners are relocating after 15+ years, creating an opportunity to acquire a proven sushi/poke restaurant in the prime retail center of this college-area neighborhood.
This 1,200 sq ft to-go style restaurant was remodeled in 2018 with a modern design and over $300K invested in the build out - now fully equipped and operating. Stylish, efficient, and ready for a new owner, it includes everything needed to continue service without permitting delays or construction costs.
Located in an upscale mixed-use development with residential above, the restaurant sits in the best, most visible spot in the immediate trade area. Co-tenants include Starbucks, Jamba Juice, and FedEx, and an on-site trolley stop brings lots of foot traffic from students, residents, and commuters. With few competitors nearby, this is a highly coveted location that rarely becomes available.
Highlights
- $787K average annual sales (3-year average)
- Asking price: $59K - a fraction of buildout cost
- Remodeled in 2018 - $300K+ invested
- Established in this location for 15+ years
- Ventless hood & fryer, walk-in cooler + freezer
- Multiple cold prep lines, digital menu boards, POS system
- Seating for 24 + ADA restroom
- Upscale mixed-use center with residential above
- National co-tenants: Starbucks, Jamba Juice, FedEx
- On-site trolley stop + lots of foot traffic
- Few competitors in the area
- Asset sale - equipment and lease included, business name not included
- Best fit: sushi rolls, poke bowls, or other to-go style restaurants that don’t need a full hood system (wraps, acai, juice, vegan bowls)
Lease
- Base rent: about $4,700/month
- NNN/CAM: about $2,100/month
- New lease available with landlord
Asking Price: $59,999 (Asset Sale) - fully equipped and operating, at a fraction of replacement cost
Broker Contact: Rob Tade
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
Facilities
Highlights
- Asset Sale-BRING YOUR OWN CONCEPT
- POKE-Burrito fast casual-Rolls, bowls and burritos
- Open style kitchen-Easy and FUN operations
- 787k year averaage sales for past three years
- Near USD college
- Heart of thriving business district
- Busy retail center
- New lease available -REDUCED RENT!!
- lots of parking
- big catering opportunities
- huge opportunity for growth
- Walk in Cooler AND Freezer
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 25,868 | 106,431 | 413,518 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 10,630 | 51,813 | 188,719 |
| 2010 Persons Per Household | 2.12 | 1.89 | 2.07 |
| Median House Value | $466,300 | $607,045 | $502,728 |
| Income Per Household | $59,719 | $62,672 | $59,977 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,545 | 4,753 | 18,393 |
| 2012 Number Of Employees | 53,028 | 134,132 | 667,416 |
| 2012 Total Annual Payroll | $1,053,516,000 | $2,742,160,000 | $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, 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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