Golden Opportunity

Not Disclosed, CA
San Diego County

Asking Price: Annual Revenue:
$159,000 $960,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Golden Opportunity Broker: Seller of Business

Quick Facts

Asking Price: $159,000
Annual Revenue: $960,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 334811533
Broker Reference #: 3469

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Business Overview:

Golden Opportunity

RRC#: 3469
Asking Price: Offered At $159,000
Location: San Diego County
Annual Revenue: $960,000
Annual Cash Flow: Contact For Info
Monthly Rent: $11,000

Listing Description:

Premiere restaurant and live music venue for sale. Just celebrated one year anniversary. $960k in sales first year while closed Sundays and Mondays for first 10 months. Now open seven days a week. All the heavy lifting has already been done for you!. Great food and service receives 4 plus stars on Yelp. This mid-market steakhouse with a Mexican flare concept is ready to explode! Already a local favorite. Just needs some additional smart marketing and detailed management to take the next step toward sales in the $2,000,000 a year range. Kitchen and dining room have the capacity for that volume of business and more. Two separate dining rooms seat 40 guests each. Beautiful old school wood bar seats 15 and bar lounge area an additional 18. The large covered patio (1,371 sq ft) overlooking park seats 60 and is awesome during good weather and easily sealed for heating and use during colder days ( this city has some of the best weather in the world). Separate music room (933 sq ft) with stage, lighting and dance floor, seats 50 and is also used as banquet/private party room. Kitchen is very large and well equipped with two separate prep areas, plenty of dry storage, three server stations, separate office, bathroom, walk in cooler and freezer, and employee locker area. Large hood system in two separate areas. Locked liquor room. So much potential. Good systems in place for a first time operator. Minor touches from seasoned operator could be implemented quickly. Solid staff in both front and back of the house. Current ownership group are restaurant savvy but have separate careers and not able to put in the necessary time to grow the business properly. This space must be seen to be fully appreciated!

General Information:
Organization: Corporation
Established: 2018
Current Owner: 2018
Employees: 20
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $80,000
Monthly Cash Flow: Contact For Info
Annual Revenue: $960,000
Annual Cash Flow: Contact For Info
Payroll: $11,800

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Additional Details:

  • The property is owned.
  • The owner is not 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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