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San Diego

  • Listing No.: 106-15209

  • Category: Food - Restaurant

Asking Price $148,000
Down Payment $148,000
Gross Revenue $450,000
Total Adjusted Net Income $52,000
Equipment/Fixtures $70,000
Year Established 2009
General Location San Diego
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image-for-Jim Chiu
Contact Details:

Profitable Asian Restaurant with Beer and Wine License in a great location in popular shopping center.  Owner states that the restaurant can be converted to a different concept.  Seller is retiring and is very motivated to sell.

Gross Revenue $450,000 Listed Price $148,000
Total Income $52,000 Down Payment $148,000
Base Rent $6,557 Square Feet 3643
Total Rent $8,309 Lease Expiration 5/2019
Rent Deposit $10,000 Lease Options 1, 10 year option
Inventory Not Included Leasehold Improvements $80,000
Equipment/ Fixtures $70,000 Other Assets
Full-Time Employees 1 Training Period 1 week
Part-Time Employees 5 Special License Required Type 41 Liquor License
Contract Staff 0 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.