Loading…

For Sale: Breakfast & Lunch Restaurant - 25 Year Reputation - San Diego County, California

San Diego County Breakfast & Lunch Restaurant - 25 Year Reputation Business For Sale

Description

This is your opportunity to own a profitable established breakfast/lunch restaurant in sunny North County San Diego. The owner has decided to retire after 25 years, and therefore this is an excellent opportunity to become an owner of a breakfast/lunch restaurant and generate cash for yourself.

Great hours: 7 days, 7:00 AM - 3:00 PM.
Asking price: $167,000.
Adjusted cash flow: $94K (adjusted for new lease)

Type 41 ABC License for onsite beer & wine
Great location - Established for over 25 years.
Retail center with many retail stores and restaurants, on a busy road located near I-78.
Landlord to provide a new lease - 5-year term plus one 5-year option (Total of 10 years)
The asking price has been adjusted to account for the new lease rent.
Estimated new rent of $6388 / month $2.50 /sq ft (new Lease) plus CAMs, insurance / RE taxes of $2,555 / month $1.00 sq ft. Total rent & CAMs - $8943 / month
Store size - approximately 2555 sq ft.

The current owner mostly oversees the store and handles administration. The owner is at the store 25-30 hours/week.
Total employees 22, 1 Full Time Manager, 2 part-time managers.
The employees work the front and back ends of the restaurant.
The back-end manager has been there for over 17 years.
110 seats / 28 tables

Great Opportunities to increase sales & cash flow by opening for dinner to add sales & profits.
Add Local store marketing and advertising to bump up sales. The owner does not advertise.
Increase cash flow by managing operations and reducing costs.

Financing Options:
1. Seller may consider short-term Financing up to $75,000 to Qualified Buyer with real estate assets to be secured.

2. SBA Pre-approval - up to 90% to a qualified Buyer (with conditions).

To get more information about this Breakfast & Lunch Restaurant - 25 Year Reputation business for sale in San Diego County please phone Dean Hecker - BRE License #:#01867838 at 760-805-4400 Call and 760-805-4400 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280661 on BizBen.com. In addition to phoning Dean Hecker, make sure you email Dean Hecker above to get more info about this Breakfast & Lunch Restaurant - 25 Year Reputation, to ask any questions or request an appointment to see this business for sale. Thank you.

Show more

Contact

  1. Name: Dean Hecker
  2. phone iconPhone: 760-805-4400 Call
  3. phone iconPhone: 760-805-4400 Text

Details

  1. Asking Price: $167,000

  2. Down: $100,000

  3. Cash Flow: $94,000

  4. Revenue:   $897,000

  1. Area: San Diego County

  2. City: None Given

  1. Attributes:

    Broker CooperationSemi-Absentee RunOwner/Seller Financing

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Dean Hecker Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today

Popular Discussion Posts On BizBen Today