Business for Sale Overview:
This downtown San Diego sports bar & grill offers an excellent opportunity to immediately enter the downtown market with a completely built out facility and a full liquor license. The restaurant / bar was recently closed down however, the facility includes a full kitchen with walk-in refrigeration, full bar setup, over ten flat screen LED televisions, a second story balcony lounge, audio and video master control system and a first class POS system. The sellers were not seasoned restaurant operators; as such, this facility could easily benefit from experienced entrepreneurs eager to enter the downtown market at a fraction of the usual costs.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This 3,400 square foot facility leases for $8,800 per month including common area maintenance expense. The lease is valid until September 2013 with one five-year option. The sale includes the liquor license and all of the furniture, fixtures and equipment, owned free and clear, as well as any inventory remaining.
Market Competition and Expansion:
Competition is high as downtown and the Gaslamp remain San Diego’s entertainment epicenter; however this location does have great access for commuters. That said, capital investment required to enter this market usually well exceeds the offering price for this establishment.
This bar has a lot of potential. As the current owners were not seasoned operators, many areas of the business’s operations could easily be improved. New owners should capitalize on the facility’s location and built in customer base provided by the accessibility to local residents, business commuters and nearby entertainment venues.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.