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#6459
San Diego Restaurants For Sale

Profitable Italian restaurant-SBA potential-San Diego -41 lic.

$429,999
Available
Profitable Italian restaurant-SBA potential-San Diego -41 lic.



ADD TO FAVORITE

Long established, loved by their customers and extremely PROFITABLE!

Cash is preferred but this restaurant may qualify for SBA financing.

Surrounded by businesses and minutes from Mission Valley, Allied Gardens, La Mesa and Tierra Santa.

Their customer base is close by and with the freeway on/off ramps  ¼ mile away  they are 15 minutes or less from just about anywhere in the

San Diego area. 

Are you ready to take over a restaurant driven by the passion of old-world Italy? Here it is ready today. 

This is your opportunity to buy a restaurant that will be profitable on day one.

Easily increase sales by simply adding lunch hours and opening up on Mondays. Sky's the limit here. 

Seller is willing and even would like to stay on to train and set up a seamless transition.

Built from the ground up this restaurant is now ready to take care of the next owner as it has the current owners and founders.

Authentic Italian does not do this restaurant justice. You need to go eat there to truly appreciate what the current owners have set in motion, it is beloved by everyone who eats here as evidenced by the outstanding online reviews.

Seller has this place dialed in and it shows everywhere you look, from the immaculate dining and kitchen areas to the area that is most important to a restaurant owner, THE BOTTOM LINE.

The profit and loss statement for 2023 , which will match the tax return, shows a net income of $184,283.

That is before owner perks and add backs are added back in to the bottom line.

On sales of $819,989, the adjusted net income after the add backs is $273,283.

This place is a goldmine, and the seller is willing and able to be sure the transition is seemless and the restaurant continues to produce big sales and income for the new owners.

The well-designed and maintained kitchen has everything you will need for this concept, and it is all in pristine condition.

12 ft hood with Ansul System, mixer, walk in cooler, double deck imperial oven, two six burner ranges and more, this is a kitchen build for volume and speed!

The restaurant is 1545 square feet.

Lease for this centrally location expires June of 2026 with additional options available.

Rent including CAM is currently 5600/month. Rent was 8.2% of sales in 2023 which is outstanding.

Restaurant also has adverting on a large monument sign on  on very busy road

If you are looking for a restaurant that has it all going for it and is ready a new owner, you found it !

 

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 7/2025 with options availalbe
Total Monthly Rent:
$5,600

Financials

Last Year's Owner's Cash Flow:
$273,000
Last Year's Food Cost %:
20.6
Last Year's Payroll Cost %:
29.1
Last Year's Rent %:
8.2
EBITDA:
$273,000

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
5
# of Working Owners:
2
Hours Open:
Lunch Wed-Friday 11:00-2:00

Dinner Tuesday-Sunday 4:30pm-8:30pm
Year Established:
2013
Hood System Type 1:
Yes

Facilities

Indoor Seating:
45
Outdoor Seating:
4
# of Parking Spots:
100
Inside Sq. Ft.:
1,524

Highlights

  • PROFITABLE RESTAURANT
  • great rent factor at 8.2% of sales for 2023
  • Small footprint for easy operations
  • long established restaurant
  • very well maintained equipment
  • potential SBA financing
  • Central San Diego location
  • 41 beer and wine license
  • great atmosphere
  • lots of parking
  • potential for expansion is big-just add hours!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 28,758 159,988 344,073
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,039 64,176 145,741
2010 Persons Per Household 2.57 2.35 2.24
Median House Value $396,100 $409,678 $443,501
Income Per Household $71,412 $63,481 $62,622
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,752 6,906 12,923
2012 Number Of Employees 164,658 347,434 502,200
2012 Total Annual Payroll $4,294,967,295 $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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