Busy Restaurant in Downtown San Diego

San Diego, CA
San Diego County


Asking Price: Annual Revenue:
$1,500,000 $3,612,099

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Busy Restaurant in Downtown San Diego Broker: Rita Barbato
License #: 02066450

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $3,612,099
Net Profit: $448,568
Cash Flow: $448,568
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 60
BBN Listing #: 385031053
Broker Reference #: 097427

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Business Overview:

Phenomenal restaurant in Downtown San Diego. Extremely popular and very well-known. Maintains very high ratings on Yelp. Impressive menus, lots of social media influence. Provides catering as well, adding another stream of income. High cash flow. Liquor License not included. Over $450,000 invested 5 years ago, plus $100,000 in upgrades to the kitchen and additional $150,000 last year.

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Property Features and Assets:

Large Restaurant with indoor and outdoor seating. 15 years left on lease.

Market Competition and Expansion:

Top restaurant, very good reviews and a great reputation.

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.

Documents:

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