Profitable Restaurant Bar in Downtown San Diego

San Diego, CA (San Diego County)

Downtown Restaurant and Bar
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Asking Price: $769,000

Cash Flow: $218,707

Gross Revenue: $1,500,619

EBITDA: N/A

FF&E: $665,446

Inventory: $36,215

Established: 2001

Profitable Restaurant Bar in Downtown San Diego

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Business Description

Located in San Diego's historic Gaslamp Quarter for nearly 20 years, this profitable bar and restaurant provides authentic libations and dining along with live entertainment and events. The 3,500 sqft. "must see" venue contains all high-end furnishings and fully equipped kitchen with Ansul hood and grease trap. The sale includes all furnishings, fixtures, equipment, Assistant General Manager, 25 fully trained staff, ABC 47 and Live Entertainment licenses. The seller is ready to retire and place this profitable opportunity in the hands of the right buyer. Complete sales reports and financials validate business performance. This opportunity will sell fast, call Todd Bell at 415-846-7267 for Confidentiality Agreement.

Detailed Information

Location:
San Diego, CA
Inventory:
Included in asking price
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 3,500 sq ft with a Total Rent of $15,432. Lease ends 08/2025. Seller is active in the business with 25 Part Time employees. Hours of operation are 11:30 AM to 1:30 AM Mon-Fri, 11:30 AM to 2 AM Sat, and 9 AM to 1:30 AM Sun. $36,215 in Inventory and $665,446 in FF&E included in Asking Price. ABC 47 License and Live Entertainment License Required.
Support & Training:
4 Weeks
Reason for Selling:
Retirement
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(from currently available funds)
 
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Todd Bell

Business Listed By:
Todd Bell

First Choice Business Brokers San Diego

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Sponsoring Broker:
First Choice Business Brokers San Diego

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