Super nice restuarant-great location and demographics
Business Description
Turk key restaurant location, sellers spent big money, close to 500k building this restaurant out.
2018 sales were over a million dollars at 1,012,612
2019 was 977,078
2020 pandemic sales were 481,677, so sliced in half but now that businesses are opening back up this place is headed in the right direction again.
2024 sales have been averaging 50k/month so they are headed in the right direction again.
As sales ramp back up and you come in and roll up your sleeves the income opportunity is huge.
Owners may even consider some seller financing for this beautiful restaurant.
The area itself is under served by the restaurant industry so you have a lot of customers with out a lot of choices.
Del Mar/ Torrey hills/ Sorrento valley are the areas that surround this location and the demographics for them are outstanding.
Several large companies are coming to the area including a huge pharmaceutical company.
Catering opportunities to these companies and the employees from these immediate neighbors are there and ready to be capitalized on now.
Kitchen is open style and well equipped, burner stove, meat rotisserie cooker, 12-foot hood system, two pizza ovens and a large walk-in cooler.
Lease term expires 3/26 with a five year option.
Rent is 7992/month plus CAM of 2144/month
Space is 1607 sq feet plus the outside patio space.
Nice dining area inside and a large outside dining patio area.
Plenty of parking and easy access from the street.
Buyer to verify the seller provided sales and income figures.
Keep the same successful concept or bring your own if you have a restaurant concept that needs a turnkey restaurant that with upper middle-income demographics, ready to go right now.
2018 sales were over a million dollars at 1,012,612
2019 was 977,078
2020 pandemic sales were 481,677, so sliced in half but now that businesses are opening back up this place is headed in the right direction again.
2024 sales have been averaging 50k/month so they are headed in the right direction again.
As sales ramp back up and you come in and roll up your sleeves the income opportunity is huge.
Owners may even consider some seller financing for this beautiful restaurant.
The area itself is under served by the restaurant industry so you have a lot of customers with out a lot of choices.
Del Mar/ Torrey hills/ Sorrento valley are the areas that surround this location and the demographics for them are outstanding.
Several large companies are coming to the area including a huge pharmaceutical company.
Catering opportunities to these companies and the employees from these immediate neighbors are there and ready to be capitalized on now.
Kitchen is open style and well equipped, burner stove, meat rotisserie cooker, 12-foot hood system, two pizza ovens and a large walk-in cooler.
Lease term expires 3/26 with a five year option.
Rent is 7992/month plus CAM of 2144/month
Space is 1607 sq feet plus the outside patio space.
Nice dining area inside and a large outside dining patio area.
Plenty of parking and easy access from the street.
Buyer to verify the seller provided sales and income figures.
Keep the same successful concept or bring your own if you have a restaurant concept that needs a turnkey restaurant that with upper middle-income demographics, ready to go right now.
About the Business
- Years in Operation
- 6
- Employees
- 8
Listing Info
- ID
- 2266407
- Listing Views
- 1581
Listing ID: 2266407 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 of Use. Learn how to avoid scams.
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