Profitable Restaurant with Type 41 License

Not Disclosed, CA
San Diego County

San Diego

Asking Price: Annual Revenue:
$289,000 $889,913

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Restaurant with Type 41 License Broker: Ricardo Gomez
License #: 01918894

Quick Facts

Asking Price: $289,000
Annual Revenue: $889,913
Net Profit: Not Disclosed
Cash Flow: $126,539
Total Debt: Not Disclosed
FF&E: $54,863
Real Estate: Not Disclosed
Year Established: 2004
Employees: 16
BBN Listing #: 162523364
Broker Reference #: 14855

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Business Overview:

Profitable full-service restaurant with twelve plus years of excellent customer service. Growing sales with consistent earnings and with staff and management in place. Seller added a new bar area with a type 41 beer and wine license 2 years ago with 11 tap handles serving local craft beer. Steady clientele has grown this restaurant year after year with many great reviews and recommendations. This 2,916 square foot restaurant has an occupancy of 91 with 20 plus tables with rent at $1.27 per square foot plus triple net. Verifiable financials show sales increasing at a rate of 20% or more per year. Seller states this is a great opportunity for a buyer looking to buy a restaurant that is in an upswing. Management in place now allows seller to work less hours and this restaurant could be set up to run absentee. For additional information please contact Listing Agent Ricardo Gomez.

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Property Features and Assets:

Leased location of 2,916 square feet with a total rent of $3,831. Seller is active in the business with 6 Full Time and 10 Part Time employees. $39,738 made in Leasehold Improvements. $54,863 FFE and $7,000 Inventory included in asking price.

Reason for Selling:

Taking Time Off.

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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