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Breakfast & Lunch Restaurant For Sale - LA Jolla, California
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Profile: Breakfast/Lunch Restaurant Is Located In A Large Multistory Commercial Building.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Jim Mcgurn, Broker
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| Primary Phone: |
619-890-5637 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/16/08 |
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| Date Last Revised: |
10/2/08 |
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| BizBen Ad #: |
128020 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$250,000 |
| Down Payment: |
All Cash |
| Annual Revenue: |
$396,000 |
| Annual Adjusted Net: |
$66,000 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Breakfast/Lunch Restaurant Is Located In A Large Multistory Commercial Building On A Major Downtown Street In LA Jolla. Its Situated On The Ground Floor In 1600 Sq. Ft. With It's Own Street Entrance And Patio With 10 Tables. This Location In The Heart Of Downtown LA Jolla, Places The Restaurant In The Flow Of Year Round, 7 Day-Per-Week, Tourist Walk-Ins.
Best Lease Terms In The LA Jolla Village. Lease Is For 7 Years With Two (2) 5 Yr Options For A Total Of Seventeen (17) Years. Rent Is 3,869 Including Nnn. Neither 5 Yr. Option Contain A Market Rate Increase Clause.
Bus. Hrs.: 8am-3pm M-F, 9am-3pm Sat & Sun. Help. 3ft+5pt+Ptnr. Landlord Has Agreed To Increase The Capacity Of The Restaurant's Air Conditioning System To Improve The Interior Environment
Present Owners Acquired The Restaurant Originally Located In University Town Center In July 2001. In April 2007, It Was Relocated To It's Present Site. It Required Eleven Months To Complete Refurbishing The Interior And Installation Of A 12 Foot Hood And Exhaust System Much Of Kitchen Equipment Is Less Than One Year Old! It Opened For Business In March 2008. After Four Months It Shows A Gross Of 33,000/Mo. And Net 5,500/Mo. Achievable. The Restaurant Name Is Well Known In San Diego. The Former Customers From Utc Have Added To The Local And Tourist Customers.
Reason For Selling: Working Partner Departed Suddenly!
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Jim Mcgurn, Broker at 619-890-5637 |
See All Our Other Businesses For Sale We Have Available
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| 2008-12-04 |
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