Business For Sale

Ristorante Extraordinaire Profit Served Best Food

La Jolla, CA
San Diego County

Asking Price: Annual Revenue:
$399,000 $750,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Ristorante Extraordinaire Profit Served Best Food Broker: Rick Carlson
License #: 01820673
Owner Financing is Available!
If the price & deal structure is right.

Quick Facts

Asking Price: $399,000
Annual Revenue: $750,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 11
BBN Listing #: 239927574
Broker Reference #: 771 Restaurant

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Business Overview:

Highly rated restaurant with authentic regional Italian fare has won an unprecedented amount of rave reviews from customers about the outstanding food and spectacular ocean views. The head Chef and his wife are well known for their expertise in creating bona fide yet modern Tuscan cuisine and contemporary organic entrees that include homemade pasta and focaccia, fresh caught seafood, delicious risotto and more, all enjoyed with a glass of wine from the extensive cellar. Restaurant features a full-service bar; ABC Licenses 41 and 47 included in the sale.
Reservations are accepted via the OpenTable app, or can be delivered via DoorDash and GrubHub services. NDA is required for comprehensive Confidential Information Memorandum.

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Property Features and Assets:

Facilities: Lease is effective through 2027. Rent averages $12,000 per month. Restaurant seats 75 in five large rooms and on a patio. Third-floor facility also features a large office and excellent storage. The view gets as much praise as does the food.

Market Competition and Expansion:

Competition: In this affluent tourist-oriented community, competition for extraordinary restaurants and the best dining experiences is plentiful. However, the difference in ratings is largely due to longevity. The area’s number one Italian restaurant has over 700 5-star reviews. It does not mean the food is any better, and the views are unbeatable. With the continuance of quality and targeted marketing the restaurant will become better known in all respects. Growth & Expansion: Greater hands on ownership or team up with the existing chef who is an equity partner.

Reason for Selling:

Overseas ownership could not secure Visa. Time to

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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