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Listing Number: 106-21438
Category: Food - Restaurant
Asking Price | $1,350,000 |
Down Payment | |
Gross Revenue | $1,740,520 |
Total Adjusted Net Income | $447,756 |
Equipment / Fixtures | $250,000 |
Year Established | 2007 |
General Location | North County San Diego |
15 years established, this premier Fast-Casual American Eatery features hand-crafted menu items using fresh, quality ingredients that change the expectation of the traditional casual restaurant. Growing, highly desirable location in busy Plaza near major freeway, university, hotels and residential neighborhoods. ABC 41 License transfer to Buyer. Seller is absentee and ready to retire. Key management staff in place. Lease extends to 2027, with 2, 5-Year options. SBA Pre-Approved with 10% down payment. Call Todd Bell at 415-846-7267 for NDA.
Gross Revenue | $1,740,520 | Listed Price | $1,350,000 |
Total Income | $447,756 | Down Payment |
Base Rent | $16,901 | Square Feet | 4268 |
Total Rent | $19,501 | Lease Expiration | 03/2027 |
Rent Deposit | $15,365 | Lease Options | 2, 5 years |
Inventory | Not Included | Leasehold Improvements | $0 |
Equipment / Fixtures | $250,000 | Other Assets | Toyota Highlander, Chevy Uplander: Delivery Vehicles Included in the Sale |
Full-Time Employees | 7 | Training Period | 2 Weeks |
Part-Time Employees | 8 | Special License Required | ABC |
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.