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Profitable Lifestyle Breakfast Lunch Restaurant $319k Net Income In Beautiful North County San Diego

San Diego, California : Restaurants
Listing #2860

Profitable Lifestyle Breakfast Lunch Restaurant $319k Net Income In Beautiful North County San Diego RRC#: 2860 Asking Price: $785,000 Location: San Diego County, San Diego County, California Yearly Revenue: $1,680,000 Yearly Cash Flow: $324,000 Monthly Rent: $4,500 LISTING DESCRIPTION: SBA PRE-APPROVED! This highly profitable upscale classic American breakfast and lunch restaurant is a hard-to-find gem. Established in 2012, it has seen growth year after year with a solid loyal local clientele. It is located in a highly visible strong location in a high growth area just blocks from a large business park on one of the town’s busiest avenues. It is fully equipped with ample seating including 24 recently refurbished booths, 8 tables of varying size and a soda fountain counter with 10 swivel bar stools. The kitchen is complete with a 20 foot Ansul system with a stainless exhaust hood and double exhaust system, a grooved grill, three Jade Grills, two Pitco fryers, a Wolf stove with an oven and six burners, a NuVu two door Proofer Oven, a True two door refrigerator, Delfield two door freezer, a 10 foot refrigerated pizza table with 3 doors and 2 drawers, and an under counter two door freezer and refrigerator. The prep area includes an 8 foot stainless prep table with top shelf, a 4 foot prep table and multiple stainless wall shelves for storage. There is a two pan steam table, microwave, an 8 by 10 walk in freezer, and much more. Twenty Linear feet of Metro shelving for easy convenient storage and a double tray dish machine with three compartment stainless sink for efficient cleanup. The lease goes through the end of 2018 and has a five-year option with 3% yearly increase. This is a great turnkey opportunity for an experienced operator and/or family. Patio dining could be added to further increase revenues. This area is booming and this opportunity won’t last. GENERAL INFORMATION: Organization: Corporation | Year Established: 2012 | Current Owner: 2012 | Employees: 12 | Seating: 120 | Square Footage: 2900 | Licenses Required: Business licenses and ABC 41 to be transferred to buyer | Days Open/Hours: Daily 6 to 3pm | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,680,000 | Yearly Cash Flow: $324,000 | LEASE INFORMATION: Monthly Rent: $4,500 | Lease Expiration: Dec 18 | Yearly Adjustment: 3% increase | Lease Option: One 5 year option | Security Deposit: 4500 |

Asking Price:

$785,000

Gross Income:

$1,680,000

(last 12 months)
Cash Flow:

$324,000

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Profitable Lifestyle Breakfast Lunch Restaurant $319k Net Income In Beautiful North County San Diego

RRC#: 2860
Asking Price: $785,000
Location: San Diego County, San Diego County, California
Yearly Revenue: $1,680,000
Yearly Cash Flow: $324,000
Monthly Rent: $4,500

LISTING DESCRIPTION:
SBA PRE-APPROVED! This highly profitable upscale classic American breakfast and lunch restaurant is a hard-to-find gem. Established in 2012, it has seen growth year after year with a solid loyal local clientele. It is located in a highly visible strong location in a high growth area just blocks from a large business park on one of the town’s busiest avenues. It is fully equipped with ample seating including 24 recently refurbished booths, 8 tables of varying size and a soda fountain counter with 10 swivel bar stools. The kitchen is complete with a 20 foot Ansul system with a stainless exhaust hood and double exhaust system, a grooved grill, three Jade Grills, two Pitco fryers, a Wolf stove with an oven and six burners, a NuVu two door Proofer Oven, a True two door refrigerator, Delfield two door freezer, a 10 foot refrigerated pizza table with 3 doors and 2 drawers, and an under counter two door freezer and refrigerator. The prep area includes an 8 foot stainless prep table with top shelf, a 4 foot prep table and multiple stainless wall shelves for storage. There is a two pan steam table, microwave, an 8 by 10 walk in freezer, and much more. Twenty Linear feet of Metro shelving for easy convenient storage and a double tray dish machine with three compartment stainless sink for efficient cleanup. The lease goes through the end of 2018 and has a five-year option with 3% yearly increase. This is a great turnkey opportunity for an experienced operator and/or family. Patio dining could be added to further increase revenues. This area is booming and this opportunity won’t last.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2012 | Current Owner: 2012 | Employees: 12 | Seating: 120 | Square Footage: 2900 | Licenses Required: Business licenses and ABC 41 to be transferred to buyer | Days Open/Hours: Daily 6 to 3pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,680,000 | Yearly Cash Flow: $324,000 |

LEASE INFORMATION:
Monthly Rent: $4,500 | Lease Expiration: Dec 18 | Yearly Adjustment: 3% increase | Lease Option: One 5 year option | Security Deposit: 4500 |


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