Established Restaurant for sale by owner. Very desirable area!

San Diego County, CA

Established Restaurant for sale by owner.  Very desirable area!

Asking Price:$40,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:$5

Established:2003

Established Restaurant for sale by owner. Very desirable area!

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Business Description

Really worth taking a look at this one!

Well established "non-franchise" restaurant. Located in a highly desirable mixed use area. The immediate trade area shows a current population of 94,689, with 2021 projected population of 100,683.
The average household income is $117,807 with the median age being 36.2.
It is located next to a major university with over 30,000 students and over 19,000 faculty and staff.
Also, within the three mile area there are two hospitals with a combined staff of over 10,000.
Daytime population includes 9.7 million square feet of office and industrial space.
In addition, there will be a trolley station nearby in the future.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,794
Lease Expiration:
N/A
Facilities:
Restaurant has a well maintained full hood system, beer and wine license, walk-in refrigerator, commercial reach-in freezer, 1 - 4 ft. commercial under-counter refrigerator, 1 - 4 ft. food prep refrigerator, 1 - 2 compartment prep sink, 1 - 2 compartment dish sink, 1 - 5 ft. prep table, Hobart vegetable slicer and various storage racks.
Growth & Expansion:
This location is perfect for a hot concept looking to expand! Serious buyers only. Potential buyer must have restaurant experience, (several years restaurant ownership is best), and enough capital to qualify for the lease. Rent is market rent for area.
Reason for Selling:
Personal

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