NOT DISCLOSED, California
| Asking Price |
$795,000 |
Year Established |
2010 |
|
| Annual Revenue |
$1,500,000 |
Reason for Selling |
Other interests |
|
| Annual P/L |
$0 |
Attention |
Andrea Dangio |
|
| Annual Cash Flow |
$380,000 |
Listing Number |
999489 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
A Profitable Culinary Gem: SBA Pre-Approved for 90% Financing
RRC#: 5105
Asking Price: Offered at $950,000
Location: San Diego County
Annual Revenue: $1,500,000
Annual Cash Flow: $380,000
Monthly Rent: $7,500
Listing Description:
This is a rare opportunity to acquire a highly profitable and well-established restaurant. Located on a prime corner in a thriving and affluent neighborhood, this culinary gem has been a beloved staple for over 15 years, serving a loyal clientele with its unique blend of modern American comfort food and exquisite Italian cuisine. This business has been pre-approved for an SBA loan, with a potential 90% financing for a qualified buyer, making it an excellent investment.
About the Business:
The restaurant is renowned for its high-end dining experience and impeccable service, consistently earning rave reviews and attracting both local regulars and destination diners. Its inviting and sophisticated atmosphere, combined with a diverse and acclaimed menu, has created a solid foundation for continued success. The business has a strong brand reputation and an excellent track record of financial performance.
Financial Highlights (2024):
Revenue: $1.5 million
Seller’s Discretionary Earnings (SDE): $380,000
The business is priced at $950,000. Its pre-approval for an SBA loan with 90% financing significantly reduces the capital required for acquisition, providing a low-risk entry into a highly profitable venture.
Key Features:
1) Prime Corner Location – Situated in a high-traffic, visible corner with excellent foot and vehicle traffic.
2) Long-Term Lease with Favorable Rent – A secure lease with advantageous terms is in place, ensuring long-term stability and profitability.
3) Established Clientele – A loyal customer base built over two decades.
4) Turnkey Operation -The restaurant is fully equipped and staffed, ready for a new owner to take over and continue its success without interruption.
5) High-End Assets – The sale includes all furniture, fixtures, and equipment (FF&E), which are in excellent condition.
6) Type 47 ABC License (full liquor).
This is a unique opportunity to own a highly profitable, well-loved, and stable restaurant with the added benefit of attractive financing. Its stellar reputation, strong financials, and excellent location provide a solid platform for a new owner to thrive.
General Information:
Organization: LLC
Established: 2010
Current Owner: 2017
Employees: Contact for Info
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $125,000
Monthly Cash Flow: $32,000
Annual Revenue: $1,500,000
Annual Cash Flow: $380,000
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity