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#458
San Diego

Beautiful, full service restaurant and bar in north San Diego County

$245,000
Sold
Beautiful, full service restaurant and bar in north San Diego County
This Listing is Sold
Well established restaurant on a very busy street. Located in a beautiful established but growing town in north San Diego County. Definite turn key! Great kitchen, with all the equipment needed to run a five star restaurant. Three hoods, dishroom, walk-in cooler and freezer. Banquet room available for large parties, special occasions or over-flow seating. Plus, this restaurant has a beautiful dining room and full bar, not to mention a tranquil landscaped patio used for seating. Great possible potential with opening for breakfast, lunch and/or brunch. Owner wants to retire. This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
San Diego
Total Monthly Rent:
$2,000

Financials

Last Year's Food Cost %:
41.44
Last Year's Payroll Cost %:
41.93
Last Year's Rent %:
11.31

Operations

Liquor License:
47
# of Part-Time Employees:
14
# of Family Employees:
2
Hours Open:
Dinner at 5:00 p.m. daily except closed on Tuesdays, Sundays 4:00 p.m. Sunday brunch 9:00 a.m. - 2:00 p.m.
Year Established:
1959

Facilities

Indoor Seating:
100
Outdoor Seating:
42
# of Parking Spots:
45
Inside Sq. Ft.:
5000
Outside Sq. Ft.:
1000

Highlights

  • High traffic Location in affluent north San Diego Cty
  • First class full service kitchen
  • Full bar and patio dining with type 47
  • Great potiential as is or open for breakfast and lunch
  • Potential for weddings, catering, and large party functions
  • 5,000 Inside square feet
  • Seats 100 inside and 42 outside
  • Great exposure from a busy street
  • Streets and sidewalks recently upgraded.
  • Monthly Base Rent $2,000 or 10% of Gross Sales
  • Casual dinning

Financing

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

Demographics

Population 5-mi
2014 Total Population 48,404
Households 5-mi
2010 Number Of Households 15,962
2010 Persons Per Household 2.88
Median House Value $423,600
Income Per Household $61,067
Businesses 5-mi
2009 Number Of Businesses 879
2012 Number Of Employees 13,664
2012 Total Annual Payroll $229,833,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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.

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