San Diego Restaurants For Sale
Price reduced- Convoy area-Ready now Keep current or bring your own
Sold
Below Market Rate on new lease from Landlord!
Beautiful restaurant in the heart of the Convoy business district.
Seller built this location out with all the right touches. Ready for high volume and many different menu and concept possibilities.
It is now turn-key for the next owner. Restaurant business is too much to handle with a growing family, so their loss is your gain.
Be open for business in weeks, not the 8-12 months you would endure if you tried to build this place out on your own.
The décor in the dining room is warm and inviting.
The kitchen is well thought out and has all the equipment that you will need for nearly any restaurant concept.
Here you can keep the current concept that is doing good volume OR bring your very own idea and concept to this highly sought after location and area.
Established on 2021 their first full year was 2022 when they did 483k in sales and 2023 with 437k.
With landlord approval or you and your concept you could have your own menu and concept ready to go as soon as escrow closes!
This is the way to get into a restaurant for far less than it will cost to build out on your own, second-generation restaurant, located the most popular Asian cuisine area in all of San Diego.
Kitchen has both a walk-in cooler and a walk-in freezer with new compressors, a large type 1 hood system with pot fillers.
Double stack pot range, char broiler, six burner range with oven, deep fryer and all the other equipment needed for high volume operations.
Current Rent for this restaurant is $5779 plus $1835 CAM.
Restaurant space is approximately 2054 Sq. feet.
Lease term expires October 2025 with two five-year options possible.
The new lease will be at $3.50 sq ft plus NNN. Total will be $9024/month which is well below the asking rents on 4.00-4.50 /sq ft in the Convoy area.
If you are looking to take over an operating Vietnamese restaurant location or are looking for a built out second-generation restaurant to house your own concept, this could be the place you have been waiting on.
Call /text/email broker today to set up a visit.
Broker of Record Rob Tade DRE License #01339409
Lease
Operations
11-8
Facilities
Highlights
- Convoy Business District location
- In Near new condition
- Keep existing concept
- Bring you own menu or Concept
- Ready NOW!
- Easy access
- Huge vehicle traffic
- Busy commercial/retail area
- Below Market rate rent on new lease available
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 46,091 | 147,286 | 364,825 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 16,498 | 57,658 | 156,365 |
| 2010 Persons Per Household | 2.70 | 2.43 | 2.20 |
| Median House Value | $387,100 | $391,708 | $501,072 |
| Income Per Household | $57,350 | $63,233 | $63,589 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 2,024 | 7,229 | 13,955 |
| 2012 Number Of Employees | 73,138 | 355,856 | 537,206 |
| 2012 Total Annual Payroll | $1,609,153,000 | $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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