Restaurant and Sports Bar 2 Locations

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Listing No.: 106-14935
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Category: Food/Restaurant
Asking Price | $850,000 |
Down Payment | $ |
Gross Revenue | $2,226,401 |
Total Adjusted Net Income | $251,868 |
Equipment/Fixtures | $264,366 |
Year Established | 2011 |
General Location | North County San Diego |
One of a kind opportunity! First established in 2011, this casual dining restaurant and sports bar has experienced steady growth and has developed a loyal customer base. Located in an affluent San Diego neighborhood surrounded by both residential and businesses, this restaurant offers a perfect atmosphere for family dining, businesses lunches, and a great place to watch the game on the weekends! After 4 successful years, the second location was established and it quickly received the same success. Together, the seller invested more than $600,000 in FF&E and leasehold improvements. Both locations are over 2500sqft and are expertly built out. The menu includes gourmet burgers, sandwiches, paninis, and salads as well as a huge selection of the best local beers. Both locations and fully staffed with a well trained crew and run with minimal effort from the semi-absentee seller. Business Details: location 1: 2700sqft 1yr left / 2 5yr Options – $13,900 total rent location 2: 2500sqft 2yrs left / 2 5yr Options – $9,300 total rent This opportunity will not last! Contact Mark Flores 760-809-1540 for more information.
Gross Revenue | $2,226,401 | Listed Price | $850,000 |
Total Income | $251,868 | Down Payment | $ |
Base Rent | $ | Square Feet | ft2 |
Total Rent | $ | Lease Description | |
Rent Deposit | $ | Lease Options |
Inventory | $57,035 | Leashold Improvements | $407,039 |
Equipment/Fixtures | $264,366 | Other Assets |
Full-Time Employees | 2 | Training Period | 1 week |
Part-Time Employees | 47 | Special License Required | ABC 41 Beer & Wiine |
Contract Staff | Reason for Selling |
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.