$301,000 Cash Flow, High Profile Restaurant & Craft Beer w/ Property

San Diego, CA (San Diego County)

Seller Financing Available
$301,000 Cash Flow, High Profile Restaurant & Craft Beer w/ Property
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Asking Price: $1,050,000

Cash Flow: $301,000

Gross Revenue: $1,900,000

EBITDA: N/A

FF&E: $500,000

Inventory: $8,000

Real Estate: $2,250,000*

Established: 2015

*not included in asking price.

$301,000 Cash Flow, High Profile Restaurant & Craft Beer w/ Property

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Business Description

SBA PreQualified business and property with only a min. 15% down for a financially strong buyer with good credit and restaurant experience, plus seller willing to carry large note.
Price shown does not include property. Great location in North County large lot plenty of parking. The business if sold separately asking price is $1.05M, and the bldg./property at $2.25M(income and comparables used to arrive at value of Property). You can also use your 401k or IRA accounts with no penalty ask your broker.
This is a once-in-a-lifetime opportunity to own one of North County San Diego’s most highly esteemed restaurants. This unique establishment is known for their farm-to-table, great and delicious dishes, and their vibrant, one-of-a-kind atmosphere that invites patrons from all walks of life to dine and drink with rich culture and inventive style. They offer a family friendly atmosphere while simultaneously catering to the craft beer and wine scene, as well as providing live music & entertainment. This restaurant is so unique that it has established itself among the community as a household brand.
Current owners are looking to pass the baton to the right buyer who sees the value in building upon the current foundation.

Business Attributes:
• Type 47 Liquor License
• $600k in Leasehold Improvements
• Unique style & atmosphere
• $100k in FF&E
• Seller Financing
• SBA Pre-Approval with only 10% down
• And so much more…
Buyer requirements: Net Worth $1.5M+ with $450k liquid funds

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,200
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3500 + 800 sq. ft patio.
Competition:
Very little competition. The quality of their food and its reputation in the community far outweighs its competitors.
Growth & Expansion:
Plenty of room for growth and expansion, this brand is able to be reproduced into new additional locations.
Financing:
375,000 to 450,000
Support & Training:
3 weeks at 30 hours/week
Reason for Selling:
Other Interests
Contact Seller

Contact the Seller

(from currently available funds)
 
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Marissa Cahill

Business Listed By:
Marissa Cahill

Sunbelt Business of San Diego

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Sponsoring Broker:
Hal A. Janke, Pres., CBI, CBB,FIBBA

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