Ocean View Restaurant in Upscale Beach Location

San Diego, CA
San Diego County


Asking Price: Annual Revenue:
$750,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Ocean View Restaurant in Upscale Beach Location Broker: Todd Bell
License #: 02027636

Quick Facts

Asking Price: $750,000
Annual Revenue: Not Disclosed
Net Profit: $3,221,656
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $434,950
Real Estate: Not Disclosed
Year Established: 1980
Employees: Not Disclosed
BBN Listing #: 81623364
Broker Reference #: 106-15387

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Business Overview:

Located in a high-traffic, upscale beach locale in Coastal San Diego, this premier ocean view restaurant has been serving San Diego for 40 years! The stunning 6,400 square feet location contains all high-end furnishings, fully equipped kitchen with Ansul hood, grease trap, 2 bars, wine room, walk-in freezer, and valet parking with 75 underground parking spaces and 5 deeded spots in the lease for owner and key employees. The sale includes all furnishings, fixtures and equipment, 50 fully trained staff, ABC 47 license and $100,000 of food and beverage inventory. The seller is retiring and is ready to place this amazing opportunity in the right hands. For additional information please contact listing agent Todd Bell or email us.

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Property Features and Assets:

This is a leased location of 6,485 square feet with a Total Rent of $38,321. Lease ends 06/2020. Seller is active in the business. Hours of operation are Monday - Friday 11:30am-9pm, Saturday 11am-9pm, Sunday 10am-9pm. $100,000 in Inventory and $434,950 in FF&E included in Asking Price. ABC 47 License Required.

Reason for Selling:

Retirement

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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