Current Status: Active
Posting #: 274583
Last Refreshed: 6/23/22
Contact: Lawrence Lerner, PsyD, MBA At 858-673-7773 , 858-354-7617 - Also Email This Contact Below
Asking Price: $65,000 Down Payment: Call / Email
Annual SDC: $202,000
Annual Gross: $455,000
Attributes: Training & Support
Owner Must Sell! The owner has to leave the country for a personal reason. Incredible opportunity to buy this restaurant and lounge for way below market value.
This profitable restaurant located in North County San Diego is open 6 days a week and has a live entertainment venue. The business has a beer and wine license and an entertainment license. A new owner can keep the existing menu or change to a new cuisine of their choice. Seller works 25 - 35 hours a week mostly performing managerial duties. A lot of the work the Seller does is handled from his cell phone at another business he owns. The kitchen equipment is almost new and in excellent condition! Outstanding reviews on Yelp, Google, and Facebook.
Seller does minimal marketing and business is still growing significantly. A full-time owner can grow the business by doing more live shows and catering. Very favorable lease terms. Approximately five years are left on the lease. The landlord is open to negotiating a new owner.
The financial information below is based on projecting out for the remainder of 2022.
To get more information about this Restaurant, Live Entertainment - Very Profitable business for sale in
San Diego please phone Lawrence Lerner, PsyD, MBA (Intermediary, Broker - BRE License #:01265612) at 858-673-7773 and 858-354-7617 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #274583 on BizBen.com. In addition to phoning
Lawrence Lerner, PsyD, MBA, make sure you email Lawrence Lerner, PsyD, MBA above to get more info about this
Restaurant, Live Entertainment - Very Profitable, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01265612. Empire Business Solutions.
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