November 22, 2009
 
 
Restaurant, Cocktail Lounge  •  $580,000

Location: San Diego County
Seller: Lee Andrews
Phone: 619-889-1062
 
 
About This Business
BizBen Ad #: 145034
Status: Available
Start Date: 10/30/09
Last Revised: 12/31/69
Location: San Diego County
County: San Diego
City: San Diego
Contact Information
Seller or Contact: Lee Andrews
Primary Phone: 619-889-1062
Alternate Phone: Not Provided
Email: adamorhun@gmail.com
 
 
Financial Information
Asking Price: $580,000
Down Payment: Call/Email
Annual Cash Flow: $160,000
Annual Revenue: $1,200,000
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Yes
 
 
Business Summary
One Of San Diego County's Land Mark And Busiest Restaurant/Cocktail Lounge With Limited Competition In A Pleasant Living Environment With Ideal Year Around Weather. Gross Sales 1,200,000. A Year With Net 160,000. 35% Bar "Pouring Cost 22%" Extensive Menu Including Steak Sea Food-Ribs Etc. Serves Lunch And Dinner Plus Sunday Brunch. Separate Banquet Room Recently Re-Modeled . Many Nearby Apartments, Condos, Upscale Homes And Other Businesses. Median House Hold Income In The Area 67,000. A Year. Excellent Rent For 4500 Sf\. Plus 4000sf For Office And Storage Area. Rent 7,500. A Month 20 Year Lease With Possible Option To Purchase Real Estate. Fun Place To Dine With Good Food, Good Drinks, Live Music And Karaoke Nights.