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San Diego

  • Listing No.: 106-21017

  • Category: Food - Restaurant

Asking Price $150,000
Down Payment $120,000
Gross Revenue $557,220
Total Adjusted Net Income $94,555
Equipment / Fixtures $56,000
Year Established 2012
General Location San Diego
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Much-loved Indian restaurant for sale in Ocean Beach. A neighborhood favorite, this business has an amazing location with tons of street traffic and visibility, and a strong history of financial performance. COVID caused a pivot to take-out and delivery only. Sales took a dip but profitability and efficiency improved. Numbers shown are 2020. Owners have taken new jobs, and are not present to re-staff, retrain, and rebuild the dine in option. Opportunity to add breakfast and/or lunch, and many other revenue streams. Type 41 Beer & Wine License included- which is hard to get in OB. Please contact agent Mitch McGinley (404) 272-9108 for NDA and more info. DO NOT inquire at the location as ownership is not present.  

Gross Revenue $557,220 Listed Price $150,000
Total Income $94,555 Down Payment $120,000
Base Rent $3,250 Square Feet 1000
Total Rent $3,780 Lease Expiration 04/2022
Rent Deposit $7,500 Lease Options
Inventory $2,000 Leasehold Improvements $60,000
Equipment / Fixtures $56,000 Other Assets
Full-Time Employees 9 Training Period 2 Weeks
Part-Time Employees Special License Required
Contract Staff Reason for Selling New Ventures

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.

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