Profitable Encinitas Restaurant on Coast Hwy

Encinitas, CA (San Diego County)

Seller Financing Available
Profitable Encinitas Restaurant on Coast Hwy
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Asking Price: $695,000

Cash Flow: $240,000

Gross Revenue: $1,131,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $7,900 /Month

Established: 2009

Profitable Encinitas Restaurant on Coast Hwy

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Business Description

Hwy 101 - Encinitas Corner location - Makes $$$

Extremely rare opportunity to purchase an established profitable restaurant in Coastal Encinitas – in business for more than 10 years. Restaurant is completely absentee run, and fully managed by long term trustworthy employees that would love to stay. Huge room for growth in revenue, this is a great concept that has the viability & potential to scale to additional locations. Currently East Village Asian Diner.

Size: 1,787 SF
Rent: $7,900/mo Gross
Lease Term: 6 Years - (landlord will extend for qualified buyer)
ABC License: Type 41 - till 12am, 7 days a week
2018 Net Sales: $1,131,000
2018 Net Profit: $240,000

Price: $695,000 OBO.

Listed exclusively by Location Matters.
For more restaurants for sale or lease visit www.locationmatters.com

Attached Documents


Detailed Information

Location:
Encinitas, CA
Real Estate:
Leased
Building SF:
1,787
Lease Expiration:
N/A
Reason for Selling:
Owners has moved out of the Country.
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Michael Spilky

Business Listed By:
Michael Spilky

Location Matters Inc.

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