Selling Restaurants presents this pure Asset Sale of Furniture, Fixtures, Equipment and Leasehold... No financials available, no tax returns available; but can validate $600k in annual sales through POS reporting. This fast food restaurant facility was built from the ground up and was brand new just over two years ago at a cost north of $650k. We've priced this asset to move quickly, the owners have moved onto a different concept... we think it�s a great deal and a steal, let's talk today! This location has the latest modern design with the newest menus, and the latest technology. This is your opportunity to capitalize on the previous owner�s hard work and initial investment. This "A" National Franchise was created in 1965 and has grown to close to 4,000 stores. This restaurant is located in a new shopping center with anchor stores, as well as other specialty restaurants and retailers. Franchise support is provided. The restaurant is 2,611 sq/ft, highly visible from the street, and has plenty of convenient parking. It is in the 3rd year of a 10 year lease, with two additional 5 year options available. Rent is $7,573/mo. Royalty fees are 4%. Hurry, this won't last!
If you are seeking to be part of a national franchise, or have other ideas for the space, I encourage you to select the orange button below to get the name and address to visit the location.
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:
Expires Nov. 10, 2015 + two 5 yr options
Total Monthly Rent:
$7,572
Operations
# of Full-Time Employees:
7
# of Part-Time Employees:
7
Highlights
- Asset Sale!
- Tier 1 National Franchise in North County Generating $600k in Revenue
- Modern design with the newest menus
- Top of the Line Equipment Package
- Located in a new shopping center with a Theater
- Jewel of the City
- 2,611 sq/ft, highly visible from the street
- Lease through 11/2015, plus two 5 year options
- Franchise rights convey with the selling price ($30k value)
- Can be a conversion; call for conflicts; no Asian or Mexican food
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
38,097 |
167,910 |
242,052 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
10,393 |
54,478 |
77,706 |
2010 Persons Per Household |
3.50 |
2.96 |
2.96 |
Median House Value |
$284,000 |
$357,406 |
$362,564 |
Income Per Household |
$46,580 |
$54,465 |
$59,173 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
833 |
3,453 |
4,255 |
2012 Number Of Employees |
22,206 |
101,362 |
119,856 |
2012 Total Annual Payroll |
$404,126,000 |
$2,112,537,000 |
$2,665,272,000 |
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.