Contact Broker
401 W A Street, Suite 200
San Diego, California 92101
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About the Company
Location Matters Inc is a reputable restaurant brokerage firm with a focus on the food and beverage industry. As experts in the field, we specialize in helping restaurant owners, buyers, and investors navigate the complex process of buying, selling, or leasing restaurant properties.
With a wealth of experience in the restaurant industry and an extensive network of clients and contacts, Location Matters Inc is committed to delivering top-notch brokerage services. Our goal is to foster successful deals and long-term relationships, ensuring that each transaction is a win-win for all parties involved.
Whether you are a restaurant owner looking to sell or lease your property, an entrepreneur seeking the perfect location for your restaurant concept, or an investor interested in the food and beverage industry, Location Matters Inc is your reliable partner to navigate the dynamic restaurant marketplace. Visit our website or contact us directly to explore how we can assist you in achieving your restaurant business goals.
Broker Biography
Introduction
Michael Spilky is President and Principal of Location Matters Inc, which he founded in 2008. Prior to this, Michael spent over 8 years as Vice President of Ira Spilky & Associates, a boutique Restaurant Real Estate firm based in Los Angeles, during which time, he developed the firm’s San Diego regional office. He is widely recognized as the industry leader in the sales & leasing of restaurant-entitled real estate throughout Southern California. He has been involved in restaurant-related sales and leasing transactions valued at over $350,000,000 on behalf of both national, regional & local restaurant brands. In addition to the representation of restaurant tenants, Michael has successfully represented a multitude of landlords in their leasing efforts of restaurant pad sites, shopping centers, mixed use retail developments, and other street retail projects with a targeted focus on food use. His advice and expertise regarding restaurant-entitled property is regularly sought out by landlords, tenants, investors, real estate appraisers, lenders, and city planners.
Michael initiated his career in Restaurant Real Estate by working on the operational side of the restaurant industry for well known brands such as BJ’s Restaurant & Brewhouse and Woodstock’s Pizza. In 2004, he also served as an assistant manager for the 6,500 square foot Hooters location in San Diego’s Gaslamp District with sales volumes over $4.5M annually.
In 2009 Michael started Sweet 100, which he subsequently sold to his partner, retaining investments in various emerging restaurant brands such as Cucina Enoteca, Burger Lounge, The Broken Yolk Café & Carnitas’ Snack Shack.
Michael owns and manages a portfolio of street retail properties throughout San Diego. He has added significant value to this real estate by leveraging his brokerage platform and experience to improve these properties by utilizing the same leasing strategy he’s executed for landlords over the past 15 years.
Michael is a graduate of San Diego State University with a Bachelor’s degree in Psychology and is a licensed California Real Estate Broker. He lives in Carmel Valley with his wife, Limor, and their daughter, Kayla and two sons, David and Benjamin. When time permits, he loves visiting new restaurants, and spending time out in nature, away from real estate!
Services Provided
Our services include:
Restaurant Sales and Acquisitions: We facilitate the buying and selling of restaurants, offering a wide selection of potential opportunities for buyers and connecting sellers with interested parties. Our experienced team guides clients through negotiations and the entire transaction process.
Lease Negotiations: Location Matters Inc assists both restaurant tenants and landlords in lease negotiations. We ensure that the terms are fair and favorable for our clients, helping them secure the right location for their business goals.
Site Selection: For restaurateurs looking to establish new ventures, we provide site selection services to identify prime locations that align with their target market and concept. We leverage our expertise to assess potential sites and negotiate favorable lease terms.
Valuation and Market Analysis: We conduct thorough restaurant valuations and market analyses to determine fair market prices and assess the financial potential of a restaurant property. This helps buyers and sellers make well-informed decisions.
Consulting and Advisory: Location Matters Inc offers consulting services to assist restaurant owners with various aspects of their business, such as expansion strategies, market positioning, and concept development.
Tenant Representation: For restaurateurs seeking to lease commercial spaces, we act as their trusted representatives in negotiations with landlords, ensuring their interests are protected
Areas Served
Licensed In
- California — License number 01469032
Business For Sale Listings
Oceanside, CA
View Details Operate Where the Action Is – 42 License Corner Bar in Downtown Oceans Asset Sale
Iconic bar on the best corner in Downtown Oceanside1,515 SF interior spaceType 42 ABC License2 blocks to beach and pierNew 30 tap system and coolersNew commercial sound system for live musicFully upgraded in 2022Rent: Approx. $4,560/Month (All-in)Lease Term: 1.5 Years + New LeaseDeal Structure: CashSale Price: $295,000 Less
San Diego, CA
View Details Restaurant, Bar & Venue Opportunity in Little Italy Asset Sale
Turnkey bar/restaurant/venue located in the heart of San Diego’s Little Italy3,000 SF interior + 2,000 SF enclosed patio with indoor/outdoor flexibilityFeatures a retractable roof (~$100K installation) for year-round operationContemporary design inspired by Yucatán/Riviera-Maya ambianceFully built-out with premium kitchen, bar, and AV systems22-year legacy as a well-known nightlife destinationRent: $17,418.37 + NNNLease Terms: 4 years + two 5-year optionsLicenses: Type 47 (2 a.m.) liquor license + entertainment permit – rare in Little ItalyStrong financials: averaging $4.1M annual revenue (2022–2024)Prime location: high-barrier-to-entry area with limited licensed competitionConcept flexibility: ideal for restaurant, cocktail bar, live music lounge, or hybrid conceptTurnkey opportunity: ready for immediate operationSale Price: $795,000 OBO Less
Encinitas, CA
View Details Newly Built-Out Restaurant in Affluent Encinitas Shopping Center Asset Sale
Opportunity awaits in Encinitas Village, anchored by two grocery stores, including a top producing Trader Joe’s. Recent buildout with modern design equipped with fully fixturized kitchen, ready for your concept to thrive. Type 41 ABC License available for use inside of restaurant and spacious outdoor patio.Size: 3,500 SF + PatioRent: Approx. $17,000/mo. All InLease Term: 11 YearsABC License: Type 41Price: $275,000 Less
San Diego, CA
View Details Hillcrest Restaurant with Incredible Charm, Super low rent! Asset Sale
Fantastic opportunity to capitalize on a restaurant space with 20+ years of business success and established positive reputation. Extraordinarily well-maintained restaurant space with two fully equipped kitchens, including one with an open-concept layout. Architectural charm with high open wood beam vaulted ceilings, a mezzanine and fireplace creating an intimate ambiance. Rare type 47 liquor license available ready for use until 2am. Highly visible & versatile space ready for a variety of restaurant & bar concepts to thrive in one of Hillcrest’s hottest locations. Surrounded by thriving establishments including Burger Lounge, Peet’s Coffee, Urban Mo’s, Bread & Cie and more!Size: 3,983 SF + 320 SF PatioRent: $8,489.67/mo + NNNLease Term: 2 Years + 2 5-Year OptionsABC License: Type 47Price: $349,000Listed exclusively by Location Matters.*Please do not Less
