Business For Sale

Heart Of Hillcrest. Turnkey And Ready To Open

San Diego, CA
San Diego County


Asking Price: Annual Revenue:
$60,000 $372,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Heart Of Hillcrest. Turnkey And Ready To Open Broker: Steve Zimmerman

Quick Facts

Asking Price: $60,000
Annual Revenue: $372,000
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 #: 771011533
Broker Reference #: 3092

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Business Overview:

Heart of Hillcrest. Turnkey and ready to open. Like new!

RRC#: 3092
Asking Price: Offered At $60,000
Location: 3825 Fifth Ave San Diego
Annual Revenue: $369,411
Annual Cash Flow: Contact For Info
Monthly Rent: $7951.58 includes $1678.58 CAM

Listing Description:
PRICE REDUCED. Submit all offers. The restaurant enjoys a prominent location on busy 5th Avenue with University Avenue nearby. Two prominent movie theater size marquis signs are available to prominently display the name of your establishment. Bring your ideas, culinary skills, and take advantage of the hip, young, trendsetting Hillcrest demographic! This beautifully remodeled contemporary restaurant was formerly a wings franchise of a multi-store Mexican franchise opening in December of 2017 and closing in March 2018 with first year sales projected to be close to $400,000!. The owners were unhappy with the franchise and choose to devote their full time attention to their non-restaurant careers. The franchise is not included in the sale. The neighboring tenant sells Mexican food but all other food types are welcome! The establishment has an active ABC 41 license (with restrictions). A partial list of the furniture, fixtures, and equipment included in the sale follows;; (20) 3’x3' white tables; (64) red steel chairs; (4) table cushion seats; (5) Samsung 64? TV’s; Seamless HDMI Matrix; (2) Samsung 42? Tv’s; (2) receipt printers SNBC BTP-RIWII; (2) Esperatech POS system; Esperatech receipt printer; JVC 64? TV; Harman Kardon Surround Sound System; (2) full size bathrooms; Scotsman icemaker; A.O. Smith broiler BT80300; 32? Samsung TV; (2) JVC Tv’s; Everest Refrigerator EBD4; 2 compartment sink; True Refrigerator TVC-27; Dandky Designer microwave; True Refrigerator TSV-6016; Star UTV Max Stove; 4’x2' Stainless Steel prep table; Royal fryer PPT-50; Frymaster IES635T0; Intertek 12' Hood model 4524NO2; Bukckeye fire equipment suppression system; 2 Eagle group sink compartment; 4 sink compartment; Nortech Walkin refrigerator 15’x5'; Polar Freezer 6’x3'; (14) small buckets; (24) large glass mugs; (33) medium glass mugs; 4 Triton dispenser; (5) cutting boards; 4 compartmet steel cabinet; 6’x3' stainless steel prep table; (3) towel dispensers; (3) trash cans; (10) steel stove pans; (4) frying baskets; 5’x5' steel rack. The cola dispenser and adjacent beverage refrigerator are not included in the sale Tenant pays gas and electricity. Tenant is billed for 50% of the water bill. ABC 41 restrictions include quarterly sale of alcohol shall not exceed food sales during the same period and sales records kept and made available to ABC upon demand; Alcohol sales restricted to 6am and 11pm everyday and no off premises consumption permitted; no live entertainment permitted; no dancing. Please complete the on-line NDA and email to jonathan@restaurantrealty.com before requesting a walk through.

General Information:
Organization: LLC
Established: 2017
Current Owner: 2017
Employees: 1 (FT) (9 PT)
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $31,000
Monthly Cash Flow: Contact For Info
Annual Revenue: $369,411

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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