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Central San Diego

  • Listing No.: 106-15292

  • Category: Bar/Liquor, Convenience, Retail

Asking Price $299,000
Down Payment $299,000
Gross Revenue $345,278
Total Adjusted Net Income $0
Equipment/Fixtures $60,000
Year Established 2015
General Location Central San Diego
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image-for-Todd Bell

Located in a busy, high-traffic shopping center in San Diego's thriving Uptown District, this upscale franchise store with tasting room provides the finest gourmet liquor, wine, oils, vinegars and foods. The concept with alcohol licensing in place is also readily convertible to a tavern, wine bar or cocktail lounge. Sale includes ABC Licenses 48 and 21, two additional franchise territories, $70,000 of product inventory and new build out with all furnishings, fixtures and equipment. Seller is experiencing health issues and needs to retire.

Gross Revenue $345,278 Listed Price $299,000
Total Income $0 Down Payment $299,000
Base Rent $5,804 Square Feet 1028
Total Rent $6,900 Lease Expiration 1/2020
Rent Deposit $6,501 Lease Options 1, 5 year option
Inventory $70,000 Leasehold Improvements
Equipment/ Fixtures $60,000 Other Assets
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 7 Special License Required ABC Licenses 21 and 48
Contract Staff 0 Reason for Selling Health Issues

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.