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#6463
San Diego Restaurants For Sale

Profitable Business- Easy Ops-Huge Traffic-Coffee/Boba -Bargain!

$59,999
Profitable Business- Easy Ops-Huge Traffic-Coffee/Boba -Bargain!
This Listing is Expired

Great opportunity to buy into a profitable and super easy operations Kiosk.

Located at a very busy Mall and in an extremely high foot traffic area at that Mall.

Seller has this all set up so it will be an easy transition of ownership.

Current owner will train you in the operations and you will be ready to reap the rewards of owning your own business in no time

Loyal following for the beverages that include Coffee and Boba Tea’s.

Impulse buyers dropping by all day long this is easy money!

Super popular walk around the Mall drinks being sold here.

Sales in 2023 were $293,466

Adjusted Net Income was $55k  and that was with three- four part time employees running the business.

If you worked the business full time,elininating the employee labor you could expect net income of over 100K! 

Rent for 2023 was approximately 10% of sales contributing in a big way to the bottom line profit. Rent is approximately 2300/month. 

Landlord is willing to do lease extensions for qualified buyer.

Go by today to see if this the the type of business you can see yourself owning and operating

Seller currently offers a proprietary dessert item that will not covey (small percentage of overall sales and easily replaced with any approved dessert item you would like. 

Buyer to confirm with landlord any and all items currently being sold and items buyers would like to add to menu are allowed by the landlord.   

 

 

 

This is a Stone Path Brokerage Services DBA: selling restaurants San DiegoRob Tade-Broker listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires 4-2024-Renewable with options

Financials

Last Year's Annual Gross:
$293,466
Last Year's Owner's Cash Flow:
$66,152
Last Year's Food Cost %:
28.3
Last Year's Payroll Cost %:
33.3
Last Year's Rent %:
9.6
EBITDA:
$66,152

Operations

# of Part-Time Employees:
4
# of Working Owners:
1
Hours Open:
Daily 11-8 pm
Year Established:
2021

Highlights

  • Profitable
  • Super Easy operations
  • Seller will train
  • Mall Location
  • big foot traffic area
  • Fun offerings-customers love them
  • perfect for owner operator
  • Boba
  • Desserts
  • Confirm with landlord items to be allowed for sale

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 29,511 220,101
Households 3-mi. 5-mi
2010 Number Of Households 7,563 61,500
2010 Persons Per Household 3.88 3.44
Median House Value $254,300 $288,478
Income Per Household $36,621 $49,992
Businesses 3-mi. 5-mi
2009 Number Of Businesses 503 3,377
2012 Number Of Employees 14,398 84,912
2012 Total Annual Payroll $147,120,000 $1,463,891,000

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.

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