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Restaurant Realty Company

Restaurant In San Diego County For Sale

San Diego County, California - South
Asking Price:
$119,000 (USD)
Sales Revenue:
$492,444 (USD)
Cash Flow:
$62,988 (USD)

Gaslamp, East Village, Petco location! Low Rent. Immediate Upside potential!

RRC#: 3294
Asking Price: Offered At $119,000
Location: San Diego County
Annual Revenue: $492,444
Annual Cash Flow: $62,988
Monthly Rent: $4130 includes $334 NNN

Listing Description:
Price reduction! Nationally recognized Turnkey, attractive storefront restaurant fronting a busy street. The establishment benefits from heavy weekday lunch traffic, and, over the last year, 1,000 new residential units have been completed within a one mile radius of the restaurant. Within the next 12 to 18 months, approximately 2,000 residential units will come on line. There is immediate upside by expanding the hours of operation, and adding food delivery service. The establishment is suitable for a wide variety of food uses. A partial list of the furniture, fixtures, and equipment included in the sale follow: 6 burner Garland stove with convection oven; 6 burner American stove; 24" gas grill; (2) Frymaster deep fryers; (2) food warmers; Manitiowic ice machine; 5' and 4' True worktop reach in frig; 32"x 72" Arctic air freezer; 54"x 72" Traulson 2 door frig; (2) commercial microwaves; Kitchen Aid mixer; Waring food processor; 26" Arctic air under-counter frig; (2) POS systems; (4) printers; (12) metal bar stools; (6) outdoor chairs; (18) wooden chairs; (7) dining room tables; (2) stainless steel bar tables; Daikin and Friedrich AC; 48" heat lamp; Panasonic cordless and wireless phones; (2) cash drawers; (3) ceiling fans with lights; (6) stylish light fixtures; stainless steel shelves, stainless steel tables; dishes, glassware, and flatware.

Employees unaware of sale. Back of the house inspection by appointment only. Revenue is projected on 2019 sales.

General Information:
Organization: Corporation
Established: 2016
Current Owner: 2016
Employees: 6 PT
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $41,037
Monthly Cash Flow: $5,249
Annual Revenue: $492,444
Annual Cash Flow: $62,988
Payroll: Contact For Info
Monthly Revenue: $41,037
Monthly Cash Flow: $5,249

Property information

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