Description About This Posting: Trendy Burger And Craft Beer Restaurant
Get your hands on this hip and trendy burger restaurant located in oceanside area, a city world-renowned for its popular attractions including beautiful beaches. This casual-dining restaurant is located in a largely commercial area nearby various parks and just a couple blocks from the beach. The shopping center it is located in is extremely popular over the weekends and attracts heavy foot traffic from nearby shops. In regards to the footprint of the restaurant, it has approximately 2000 square feet with a large indoor seating area and a small outdoor patio.
With a type 41 liquor license, the restaurant sells both craft beers and a hand-picked selection of wines. The restaurant can easily be converted into another concept with landlord approval. It has a fully equipped kitchen also allowing a simple change of concept. The menu consists of mouth-watering burgers of the highest quality. Guests love the food and have awarded the restaurant 4 out of 5 stars built on over 400 yelp reviews.
Rather than spend hundreds of thousands of dollars to build a new business of your own, take advantage of this restaurant listed at a fraction of the cost.
Additionally, the landlord is open to renegotiating the lease!
Facilities & operations:
This restaurant has a semi-open kitchen, patio, and a separate seating area amounting to 2000 square feet in total. Total capacity for the restaurant is 40 inside and 12 on the outside patio. There are 6 years left on the lease with 2 separate 5 year options. Rent is $6000/mo. Including nnn. The landlord is open to renegotiating the lease.
Current management & labor:
Currently owner operated.
The kitchen is fully equipped.
The owner is open to financing, making it easy for experienced and qualified restaurant owners to turn this business into their own highly profitable pride of ownership restaurant.
Sales = $450k/yr. ($37k/mos)
Rent (17%) $ 77k/yr.
Labor (at industry standards of 30%) $ 135k/yr.
Cog (at industry standards of 30%) $ 135k/yr.
Misc. (credit card/insurance/etc. 10%) $ 45k/yr.
Yearly net pro forma (87% operating cost) 13% net profit = $58k/yr. Profit owner operator.
Please complete a confidentiality agreement on-line at www.PacificRestaurantBrokers.com and we'll send you detailed information on this business. Thank you.
To get more information about this Trendy Burger And Craft Beer Restaurant business for sale in
San Diego Area please phone Jerry Diza (Intermediary, Broker - BRE License #:01113651) at 949-424-6065 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #248638 on BizBen.com. In addition to phoning
Jerry Diza, make sure you email Jerry Diza above to get more info about this
Trendy Burger And Craft Beer Restaurant, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
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