Italian Restaurant, North County Coastal San Diego

Not Disclosed, CA
San Diego County


Asking Price: Annual Revenue:
$249,500 $631,060

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant, North County Coastal San Diego Broker: Linnea Westlake

Quick Facts

Asking Price: $249,500
Annual Revenue: $631,060
Net Profit: Not Disclosed
Cash Flow: $138,565
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 16
BBN Listing #: 744433008
Broker Reference #: 2401-539842

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Business Overview:

LOCATION! Full-Service Restaurant with Beer & Wine Bar since 1991. North County Coastal. Pleasant setting with great service offering delicious traditional Southern Italian classics made from quality fresh ingredients enjoys consistently good reviews. Known for authentic sauces, pizza, pasta and seafood with award-winning garlic bread. Dining room seats 42 with two outdoor patios seating 14 each. Front patio could be extended. Carry out and delivery is also available.
Kitchen is loaded with pizza ovens, 10 burner stove with hood, refrigerators and freezer, coolers, salad bars, prep areas and dishwasher. There is one manager and 15 part time employees. Open 11:30am – 9:00pm Sunday – Thursday. 11:30am – 10pm Friday and Saturday.
Current lease to August 31, 2021 with 5-year option $6,555 monthly. The location is as good as it gets in town center. Exciting re-development going on in the neighborhood is bringing more residents and tourists to dine in or take out. FFE est. $150,000. 2019 Gross Sales est.$631,060. SDE $138,565. Asking $249,500. Motivated. Make and offer!

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Reason for Selling:

Retiring

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.

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