Successful restaurant purchase opportunity

San Diego County, CA

Successful restaurant purchase opportunity
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Asking Price: $575,000

Cash Flow: $51,000

Gross Revenue: $675,000

EBITDA: $372,371

FF&E: $50,836

Inventory: $15,000

Real Estate: $273,470

Established: 2011

Successful restaurant purchase opportunity

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Business Description

Huge price reduction of $124,000! Very popular, unique burger and BBQ restaurant for sale in North San Diego County. This sale includes the business and the building. The restaurant is ranked #1 on Yelp, Trip Advisor and Google. The restaurant is only open for dinner 5 nights per week leaving a huge opportunity for growth by expanding service to 7 nights, adding lunch and/ or catering. Gross sales of $675,000, Beer and Wine license included. Lots of systems and controls in place, standardized recipes, security cameras and remote security access. We have an incredible reputation for outstanding service, food and atmosphere which will keep this restaurant which profitable for years to come.

This award winning restaurant has been featured in many articles and publications including the LA Times, Sunset magazine, Edible San Diego, San Diego City Beat. The restaurant has a loyal following of locals and many that travel from the surrounding areas to visit this one of a kind establishment. Very busy restaurant and happy patrons make this restaurant a must for anyone that wants to succeed in the business.

Award winning restaurant, beer and wine license included, several outdoor dry storage units, employee break area (dog friendly area), happy employees, very satisfied customers; price is great value for the business and the building. Located in North San Diego County, call for details.

Detailed Information

Location:
San Diego County, CA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,500
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1500 sq ft, restaurant fixtures, furnishings, and equipment all convey
Competition:
This kind of restaurant is unique to this market area, customers drive from out of the area to dine here. It's always packed which is why reservations are strongly encouraged.
Growth & Expansion:
Currently only open 5 days per week for dinner. If open 7 days/ week and/ or adding lunch service income would increase.
Support & Training:
Current owners will provide 2 weeks or 40 hours of instruction
Reason for Selling:
Sellers want to leave the restaurant business and concentrate on their Air B & B
Franchise:
This business is an established franchise
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Bob Hillery

Business Listed By:
Bob Hillery

CR Properties

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