Premier beach location-huge vehicle and foot traffic area. 41 license

Coronado, CA (San Diego County)

Premier beach location-huge vehicle and foot traffic area. 41 license

Asking Price:$229,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2015

Premier beach location-huge vehicle and foot traffic area. 41 license

Get Financing Save Print Share Valuation Report

Business Description

Coronado Island beach and bay area restaurant in the heart of the city. A quick drive across the bridge brings the downtown San Diego crowd to your doorstep. Foot, car and boat traffic are all some of the best you will find in all of Southern California.

Restaurant faces the street on one of the highest car traffic count streets in San Diego County, add in the foot traffic and you will see that this is a premier location that is very hard to beat.

Demographics with in walking distance are some of the best in the city and are exactly what a fast casual restaurant should be looking for. The tourist’s element is all bonus. Population swells all summer long on this ultra-popular tourist destination island.

Locals and tourist alike love this location and the yelp reviews show it.

Area is screaming for new restaurants but local building codes practically prevent new places from being built out. The easy and cheaper answer is to buy an existing location like this one!

This is an outstanding opportunity to get in to a much coveted location for substantially less than the cost to build out on your own, which in this case is not even really an option.

This beautifully designed Restaurant is currently a breakfast and lunch only location. The area is underserved by quality restaurants and is ripe for an expansion of the hours. With some marketing and the addition of dinner hours, sales could double and profits would soar.

Restaurant has a large patio with plenty of seating for enjoying the weather and people watching.

Seller has been averaging $41,740 per month in gross sales for 2016 through June.

2015 gross sales were $515,041.

Restaurant Concept could remain exactly the same, you could add dinner or you could change the concept out completely. The choice is yours.

The local community and tourist alike are clamouring to find quality food and service at reasonable prices.

The restaurant location is outstanding and the kitchen is built for nearly any high volume concept you would like to bring in.

Large hood system with current fire suppression system, fryer, grill, cold prep table and a large walk in cooler are all part of this turnkey restaurant.

With plenty of storage room for dry goods and an office in the back to crunch numbers it is ready to go, just needs you.

The restaurant space is 2560 square feet. Rent is $7381/month plus $120 CAM fee.

Current lease term expires in April of 2020 with two five year options available.

Come visit this beautiful restaurant today and see if it is the place you have been dreaming of.

Detailed Information

Employees:
6FT/10PT/1Owner

Listing Statistics for Premium Members

Ad#:1301753 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Rob Tade

Business Listed By:
Rob Tade

SellingRestaurants.com.

Show Phone Number

View My Listings


Sponsoring Broker:
Mel Jones

Find out more...

Get more details about this business.


Similar Listings


DRNK coffee + tea / QWENCH juice bar

Franchise Opportunity
Capital Required: $264,000