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Central San Diego

  • Listing No.: 106-15190

  • Category: Food - Restaurant

Asking Price $99,000.00
Down Payment $99,000.00
Gross Revenue $500,000.00
Total Adjusted Net Income $60,000.00
Equipment / Fixtures $80,000.00
Year Established 2005
General Location Central San Diego
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This is a free-standing restaurant with ample parking with an 800 sq ft patio.  Located on a high-volume street with great visibility.  Fully equipped with hood, grease trap, walk in and many other kitchen assets.  Currently run as an Asian concept but could be converted into any other concept - no landlord restrictions.  Owner wants to retire. 

Gross Revenue $500,000.00 Listed Price $99,000.00
Total Income $60,000.00 Down Payment $99,000.00
Base Rent Square Feet 3800
Total Rent $7,150.00 Lease Expiration 1/2019
Rent Deposit $12,000.00 Lease Options 1, 5 year option
Inventory Not Included Leasehold Improvements $70,000
Equipment / Fixtures $80,000.00 Other Assets
Full-Time Employees 4 Training Period 2 weeks
Part-Time Employees 4 Special License Required Health Permit, ABC Type 41 License
Contract Staff Reason for Selling Retirement

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.