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#4124
San Diego Restaurants For Sale

Downtown San Diego location with Low Rent and Profit!

$179,999
Downtown San Diego location with Low Rent and Profit!
This Listing is Expired

Profitable downtown restaurant with out the high downtown rent. Great lease in place

If you are looking for a downtown restaurant with lots of foot and drive by traffic, this is the place for you.

It’s a downtown San Diego location. Located on a very busy street with lots of foot and vehicle traffic. Street parking right outside your front door with 15 minute and metered parking to assure lots of vehicle churning.

Concept is a very popular and healthy Mediterranean style cuisine, yelp reviews are great and the bottom line is even better.

Seller states sales of 25k plus per month with profits of 6-8 k per month! Many opportunities to increase sales are largely untapped, room to grow business is huge.

Located below one of the largest parking structures in all of down town San Diego. This restaurant is located on one of the busiest streets in the area with potential customers surrounding it in all directions.  

Modern interior décor scheme leads to comfortable dine in atmosphere and always in a hurry customers are stopping by for something quick to go; it’s an ideal mix of customers.

Kitchen equipment is all in near new condition and the hood system has the new required fire suppression system already in place. Kitchen is compact and easy to work in designed for step reduction and fast production.

All in rent on this downtown restaurant is only $1806, yes that even includes CAM.

Restaurant space is a well designed 882 square feet.

With a rent factor of less than 10% you can see how much money there is left over at the bottom line.

Current lease term expires in April of 2017 with two five year options available. This space is a money maker and locked up until 2027!

You need to go look at this opportunity today, you will be impressed!

Please visit us at SellingRestaurants.com for more details. 

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 June 2017 plus five year option
Total Monthly Rent:
$1,806

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
1
# of Family Employees:
1
Hours Open:
Monday-Saturday
10-9
Year Established:
2012
Hood System Type 1:
Yes

Facilities

Indoor Seating:
18
Inside Sq. Ft.:
882

Highlights

  • Downtown San Diego location
  • great rent
  • Long term lease options
  • profitable location
  • lots of foot traffic
  • near new kitchen equipment
  • owner states profit of 6-8k per month!

Financing

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

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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