San Diego Restaurants For Sale
Rare Heart of Gaslamp District San Diego with Full Liquor
Here is your chance to get into the hottest area in all of San Diego!
Downtown Gaslamp district in the heart of the city and surrounded by hugely successful restaurants, bars and clubs. This space is literally in the middle of it all, only steps from Petco and the San Diego Convention center. The streets are packed with the vibrant restaurant and bar scene that has made downtown San Diego one of the most popular areas to see and be seen not just in San Diego but the entire west coast!
This restaurant/bar has a full liquor license as well as an entertainment license. Keep the current concept or get in super cheap and bring your own concept, you won’t find a better location than this for the next hot restaurant, bar or ultra-lounge.
Recent remodel had the sellers spending well over a million dollars upgrading and outfitting the place with top of the line décor, bar and kitchen equipment.
Kitchen is designed for super high volume with nearly every piece of equipment you could ever need. From the huge hood system to the steak and pizza ovens this kitchen is ready to go!
They have two large walk in coolers, a new high end 12 tap chilled beer system, all permitted and done right by real restaurant designers and builders.
High end long bar leads into two separate dining areas and host stations.
Many different configurations can be set up as they have designed this place to give them lots of operational options.
The hidden benefit of this place that is practically being thrown in for free is the downstairs.
There are two completely separate entrances to this great location.
The downstairs is currently undeveloped and used only for office and storage space. Do you have the right vision? Under the same lease you could add a completely separate revenue stream. You really have to see this place to believe what a great opportunity and value it is.
Seller stated sales of close to two million annually for 2012 and 2013.
Current and 2014 sales dipped have dipped in the 1.2 million range as the owners decided to have the place be absentee owner run and are currently only open for dinner. Opportunities are endless for super high volume from this restaurant.
Rent on this space is based on the approximately 4000 square feet of developed upstairs space and is approximately $17,639 per month. The downstairs is basically thrown in for free. Total space when the downstairs is included is 8030 square feet.
How much sales could you generate from two separate downtown San Diego spaces, find out now.
Great street exposure with custom awnings and a fenced in patio area facing the street perfect for driving in traffic.
Current lease term expires Jan 2018 with a five year option available.
Now is the time to come see this super clean location with huge opportunities for success.
Please go to www.sellingrestaurants.com to get the name and locaiton of this restaurant.
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
Facilities
Highlights
- Downtown SanDiego-Gaslamp District
- Major street exposure
- full liquor and entertainment licenses
- Beautiful space
- upstairs fully built out with recent remodel
- downstairs ready for your concept
- two seperate street entrances
- large built for volume kitchen
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 34,318 | 66,417 | 355,261 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 20,599 | 38,447 | 151,879 |
| 2010 Persons Per Household | 1.47 | 1.58 | 2.19 |
| Median House Value | $448,700 | $493,942 | $479,053 |
| Income Per Household | $52,550 | $56,946 | $55,375 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 3,848 | 5,592 | 13,566 |
| 2012 Number Of Employees | 134,300 | 179,678 | 427,386 |
| 2012 Total Annual Payroll | $3,347,327,000 | $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, 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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