Business For Sale

Thriving Mediterranean Eatery in Upscale Location

Not Disclosed, CA
San Diego County

Coastal San Diego

Asking Price: Annual Revenue:
$399,000 $1,330,704

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Thriving Mediterranean Eatery in Upscale Location Broker: Todd Bell
License #: 02027636
Owner Financing is Available!
Down Payment $199,000, Balance SCN for 36 months at 6% interest.

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,330,704
Net Profit: $305,773
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 12
BBN Listing #: 692023364
Broker Reference #: 106-15220

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Business Overview:

Located in a high-traffic, upscale beach locale in Coastal San Diego, this premiere eatery specializes in healthy, organic and ethically sourced Mediterranean cuisine. The highly trained staff of 12 run daily operations while the owner(s) handles high level operations, employee supervision and purchasing. All sales and profit are validated with clean financials and 13 years remain on the lease with 2 additional options to extend. The seller has an extended commute to and from Riverside County, so he has decided to place this amazing opportunity in the hands of the right buyer. ABC 41 license is to be transferred to the buyer. Kitchen includes 13 ft Type A Hood and grease trap. Sale includes branding and concept "as is", or buyer may set up a new one. Seller will carry 50% loan for buyer. For additional information please contact Listing Agent Todd Bell.

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Property Features and Assets:

This is a leased location of 3,420 square feet with a Total Rent of $15,000. Lease ends 04/2032. Seller is active in the business with 2 Full Time employees and 10 Part Time employees . Hours of operation are: 11 AM to 9 PM Monday - Friday, and 8 AM - 10 PM on the weekends. $20,000 in Inventory and $70,000 in FF&E included in Asking Price. $200,000 made in Leasehold Improvements.

Reason for Selling:

Commute from home.

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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