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High Volume Family Restaurant With 47 License For Sale

San Diego, California - South, US
Asking Price:
$599,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,619,759 (USD)
Cash Flow:
$326,729 (USD)

In operation since 1985, this restaurant has been a vital part of the East County Community with a very loyal customer base. Consistent high volume sales and high profit margin. This is a full service restaurant with a full liquor license (Type 47), separate bar/private room, patio and 2 full kitchens to handle high volume. Seller wants to retire.

Property Information

Real Estate:

Lease

Lease Terms:

Lease ends 3/2025 w/ 1, 5 year option

Leasehold Rent:

$13,000 (USD) per annum

Size in square feet:
5,000

Business Operation

Reasons for selling:

Retirement

Trading hours:

8am-7pm

Employees:
32
Years established:
1985

Other Information

Support & training:

2 Weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$450k Down with the balance seller carry note for 3 months at 7% interest.

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price

Contact Information

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