Point Loma Area Restaurant w/ Beer & Wine - Asset Sale Priced to Sell!

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Asking Price:
$50,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$25,000
included in asking price

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Business Description

This Point Loma San Diego area quick service / fast causal restaurant with a beer and wine license is located in an ideal high traffic shopping center with excellent street visibility and plenty of parking. This is an asset sale only and sale does not include those assets related to the existing business’s name, goodwill or branding. The sale includes a fully build out restaurant with 2 hood systems, a walk-in cooler and built in beer tap lines, as well as an outdoor patio with seating for up to 16 persons. This location and build-out may be ideal for a buyer who seeks to implement any number of concepts that can potentially thrive in this coveted location.

About the Business

Year Established:
2003
Number of Employees:
13
Real Estate:
Leased
Building Sq. Ft.:
2,100
Lease Amount/Mo.:
$5,722.00
Facilities:
The 2,100 square foot facility (plus 400 square foot patio) leases for $5,722 per month on a lease through June 2023 with options to be determined. The sale includes all of the operating assets such as the furniture, fixtures, equipment and beer and wine license. The name, menu and other components of goodwill will not be included.
Market Outlook/
Competition:
Competition is considered to be medium as other restaurants exist in this high traffic area and shopping center, however this facility maintains a stellar corner location visible from the street as well as from within most of the shopping center.
Growth & Expansion:
This facility and location are an excellent opportunity for a new owner to implement a new concept. Other business ventures have deterred the current owner from devoting the attention necessary to maximize the restaurant’s potential, creating a tremendous opportunity for a fully focused owner to capitalize on this space and the price the assets are being offered at, which are at a fraction of what a new build-out would cost.
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About the Sale

Reason For Selling:
Personal
Training/Support:
1 Week at 10 hrs/wk

Listing Info

ID:
1526093
Ad Detail Views:
572

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Business Listed by

Robert Rodriguez

The Veld Group

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Sponsoring Broker:

Michael Wildeveld, CBB, CBI, CM&AP, M&AMI, CEPA
The Veld Group
License# 01410769

U.S. Census Data for San Diego County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for San Diego County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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