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Downtown San Diego Gaslamp

  • Listing No.: 106-15289

  • Category: Bar/Liquor, Food - Restaurant

Asking Price $99,000
Down Payment $99,000
Gross Revenue $469,069
Total Adjusted Net Income $0
Equipment/Fixtures $132,635
Year Established 2017
General Location Downtown San Diego Gaslamp
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image-for-Todd Bell
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Located in San Diego's historic downtown Gaslamp Quarter, this Latin fusion eatery and bar is a must see! An award-winning designer created the contemporary build out which contains new and unique furnishings and fixtures with indoor and outdoor seating. The 4.5 Stars on YELP and Google confirm the high quality cuisine, special decor and one-of-a-kind customer experience. Sale includes 47 ABC License, 10+ year lease, grease trap, hood, all furnishings and fixtures, and the well-trained staff. The seller has created his next opportunity and wants to place the business in the hands of the right buyer.

Gross Revenue $469,069 Listed Price $99,000
Total Income $0 Down Payment $99,000
Base Rent $7,400 Square Feet 1600
Total Rent $7,400 Lease Expiration 3/2027
Rent Deposit $7,200 Lease Options 1, 5 year option
Inventory $5,000 Leasehold Improvements
Equipment/ Fixtures $132,635 Other Assets
Full-Time Employees 1 Training Period 30 days
Part-Time Employees 13 Special License Required ABC Type 47 License
Contract Staff 0 Reason for Selling Other Business Interests

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.