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San Diego Restaurants For Sale

Asset Sale! Fully Fixturized National Fast Food Franchise Operations

$175,000
Asset Sale! Fully Fixturized National Fast Food Franchise Operations
This Listing is Expired
Selling Restaurants presents this pure Asset Sale of Furniture, Fixtures, Equipment and Leasehold... No financials available, no tax returns available; but can validate $600k in annual sales through POS reporting. This fast food restaurant facility was built from the ground up and was brand new just over two years ago at a cost north of $650k. We've priced this asset to move quickly, the owners have moved onto a different concept... we think it�s a great deal and a steal, let's talk today! This location has the latest modern design with the newest menus, and the latest technology. This is your opportunity to capitalize on the previous owner�s hard work and initial investment. This "A" National Franchise was created in 1965 and has grown to close to 4,000 stores. This restaurant is located in a new shopping center with anchor stores, as well as other specialty restaurants and retailers. Franchise support is provided. The restaurant is 2,611 sq/ft, highly visible from the street, and has plenty of convenient parking. It is in the 3rd year of a 10 year lease, with two additional 5 year options available. Rent is $7,573/mo. Royalty fees are 4%. Hurry, this won't last!

If you are seeking to be part of a national franchise, or have other ideas for the space, I encourage you to select the orange button below to get the name and address to visit the location.
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 Nov. 10, 2015 + two 5 yr options
Total Monthly Rent:
$7,572
Security Deposit:
$9,115

Operations

# of Full-Time Employees:
7
# of Part-Time Employees:
7
Hours Open:
11-9 7 Days
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
20
Inside Sq. Ft.:
2,611
Outside Sq. Ft.:
150

Highlights

  • Asset Sale!
  • Tier 1 National Franchise in North County Generating $600k in Revenue
  • Modern design with the newest menus
  • Top of the Line Equipment Package
  • Located in a new shopping center with a Theater
  • Jewel of the City
  • 2,611 sq/ft, highly visible from the street
  • Lease through 11/2015, plus two 5 year options
  • Franchise rights convey with the selling price ($30k value)
  • Can be a conversion; call for conflicts; no Asian or Mexican food

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 38,097 167,910 242,052
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,393 54,478 77,706
2010 Persons Per Household 3.50 2.96 2.96
Median House Value $284,000 $357,406 $362,564
Income Per Household $46,580 $54,465 $59,173
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 833 3,453 4,255
2012 Number Of Employees 22,206 101,362 119,856
2012 Total Annual Payroll $404,126,000 $2,112,537,000 $2,665,272,000

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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