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Business For Sale
FULL SERVICE RESTAURANT
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Asking Price: |
$225000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Career Change |
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Year Established:
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2003 |
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# of Employees:
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3FT, 15 PT |
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Yearly Revenues:
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$768,641 |
Business for Sale Overview:
This is a special opportunity to own an established full-service restaurant with a Beer & Wine License and verifiable sales. Located in the heart of San Diego, this restaurant does breakfast, lunch and dinner. It is located in a freestanding building with its own parking lot. It has a custom built indoor patio, a rare exterior pole sign, good reputation and an experienced staff. The restaurant is approx. 3,500 sq ft including the indoor patio. It seats 130 guests in the dinning room and 20 guests in the patio. The current owner renovated the restaurant three years ago and the equipment is in very good condition. Sales are $768,000 per year and climbing. Owner is tired and ready to retire from the industry. It needs an experienced owner/operator that can take this restaurant to the next level and beyond!
Property Features and Assets:
The restaurant is in a free standing building with a large parking lot. There are two handicapped spaces on the lot. The restaurant itself is approximately 3,500 sq ft. It has a custom covered patio made of poured concrete. This patio seats 20+ guests. The dining room inside seats 130+ guests. The kitchen is fully equipped with all equipment in Very Good condition.
Market Competition and Expansion:
The owner places coupons in area magazines throughout the year and advertises in area newspapers.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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