Full Service Restaurant with great bar Only $95k, North Park Hillcrest

Contact Seller
Asking Price:
$75,000

Gross Revenue:
$700,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$95,000
included in asking price

Share this business:

Business Description

The Best Value on the market.This is a liquidation sale no books, make your best offer for this beautiful restaurant in the North Park Hillcrest area thisdeal will not last. Beautiful restaurant and bar with 47 Liquor license and brand new equipment, a $125,000 value, going for only $95,000or maybe $55k plus inventory! Initial buildout cost of $200k, Seller has owned since Fall 2018, needs to sell quick in order to relocate due to other personal obligations. This charming and like new restaurant is waiting for you. Fully equipped with the latest in kitchen, eating area, patio decor. 47 Liquor license purchased separately for $85k 

Could easily convert the food concept into Mexican, French, Greek, German or American style venue. Active in community events, 14 PT employees, full time management in place. Seating capacity approx. 125, outdoor patio, full bar, fully functional kitchen, this is a steal!! The location is in a very popular neighbor of North Park/ Hillcrest.

This restaurant has not shown a profit yet, but there’s plenty of upside in this great downtown area, this is a pure asset sale. Customers come from the neighborhoods of Hillcrest, North Park, M.V. and Downtown.
Ask for Marissa Cahill, info@omegabusinessadvisors.com

About the Business

Location:
San Diego, California
Year Established:
2018
Number of Employees:
14 PT
Real Estate:
Leased
Building Sq. Ft.:
2,800
Rent:
$9,500.00 Per Month
Facilities:
120 – 130 seating capacity, outdoor patio, 47 Liquor license, full bar, fully functional kitchen, 4 refrigeration stations, 2 walk in refrigerators, 1 walk in freezer, $200k buildout
Market Outlook/
Competition:
This is a great business, beautiful buildout, great concept, in a very busy area of San Diego. There is little competition.
Growth & Expansion:
Plenty of room for growth and expansion
Contact the Seller

About the Sale

Reason For Selling:
moving
Training/Support:
3 weeks, 30 hours/week

Listing Info

ID:
1655862
Ad Detail Views:
0

Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Marissa Cahill

Sunbelt Business of San Diego
License# 02050855

 Show Phone Number

View My Active Listings
Sponsoring Broker:

Hal A. Janke, Pres., CBI, CBB,FIBBA
Sunbelt Business of San Diego
License# 01239761


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.