$431,796 net earnings for 2019. Restaurant & bar. Central San Diego
Asking price: offered at $995,000
Location: San Diego County
Annual revenue: $1,728,336
Annual cash flow: $431,796
Monthly rent: $10,068 + nnn
Listing description: cash machine! Consistently profitable restaurant and bar with a 47 license. 2018 profit was $472,685 2017 profit was $481,780 pre-approved by two sba lenders subject to buyer qualification; major freeway interchange frontage! Surrounded by high rise office buildings, including an 8 story high rise with 2000 employees! There are over 5000 residents and employees within a block of the restaurant. 500,000 people live and work within a one and one half mile radius of the restaurant a new 443 unit apartment building is currently under construction nearby. Both the front and back of the house are impeccably maintained and a turn-key operation with all of the necessary ffe to run the business. The 800 sq. ft. patio with misting system seats 100 people and the interior has a seating capacity of 181! Entertainment permit permits live music or a dj! 75 car parking! A partial list of the ffe included in the sale: 21 tap beer dispenser. 6 terminal pos system. Captive aire hood with ansul sytem. Sony sound system with (18) qsc speakers; 2 crown amplifiers; 10'x8' screen with projector; (2) duracold walk in coolers, artic air, true, everest, and duracold freezers and coolers; american range 6 burner range with oven and american range grill. Led wall mounted (16) televisions throughout the restaurant and patio; extensive, framed collection of photos, movie memorabilia, and guitars (some exclusions tbd). Back of the house by appointment only. Nda required including proof of funds and restaurant experience. Employees unaware of sale. Do not disturb.
Current owner: 2011
Employees: (2) ft + (14) pt
Reason for sale: retirement
Monthly revenue: $144,028
Monthly cash flow: $35,983
Annual revenue: $1,728,336
Annual cash flow: $431,796
Payroll: contact for info
To get more information about this Restaurant, Bar business for sale in
San Diego County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #258813 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Restaurant, Bar, to ask any questions or request an appointment to see this
business for sale. Thank you.
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I have over 20 years of small business experience, a law degree and well-versed in real estate regulations and best practices. I work tirelessly to create successful strategies & effective negotiations for those wishing to sell or buy a SF business. Call 415-309-2722 (Cell/Text).
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