Last Revised: 9/18/19. Posting #: 230373
Key Words: mediterranean, ethnic, cafe, san diego, convert
Financial Info: Price: $85,000. Down: Call / Email. Adjusted Net: Call / Email. Annual Revenues: $420,000. The restaurant is approximately 1,839 sq. ft., and the rent is $6,234.77 including CAM.
Profile: If you are looking for a great location, you just found it. Located in one of the busiest communities in San Diego, this eclectic Mediterranean style restaurant has enjoyed serving the community since the year 2000. This is a prime location that enjoys great frontage, heavy drive-by and pedestrian traffic, convenient freeway access, an eclectic community full of social hipsters, business people, and the neighborhood. This community has lots of events throughout the year which maximizes the exposure of this restaurant.
Seating Capacity-50 inside/ 9 outside. There is 1 full-time owner, 4 part-time kitchen staff, and 3 part-time Front of the House staff. The restaurant has a 41 On-Sale Beer & Wine License. The restaurant is approximately 1,839 sq. ft., and the rent is $6,234.77 including CAM. Partial List of F.F.&E included in the sale: Under counter Refrigerator-4, Walk-In Cooler-1, Reach In Freezer-1, 10 Burner Stove w/flat top and two ovens Ice-Machine-1, 1-2 Group Espresso Machine, Hood, and a Salamander-1. Great opportunity for a restaurant group looking to expand in one of the highest density communities in San Diego, or for a new concept, or an owner operator.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: Escrow services to brokers & agents, owner/sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services.
Key Words: shalonda chappel-pilgram, town country escrow, escrow, bulk sale, bulk sales, escrows, liquor license transfers, lien search, lien searches, los angeles, orange, riverside, san bernardino, san diego, imperial
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
View All Related Resources & Advisors For This Posting
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: When posting either a For Sale or Wanted To Buy Posting on BizBenNetwork, effective copy can be critical for catching the attention of either a prospective buyer (with a For Sale Posting), or a seller (with a Wanting Posting). Peter Siegel covers what our research shows works best in BBN postings.
Key Words: postings, posting, peter siegel, advertising
Profile: Obtaining business purchase financing can take business buyers many months, however, there are a number of ways Business Buyers can prepare in order to obtain faster SBA loan approvals from financial institutions. Peter Siegel, MBA shares a list of documents to have prepared for faster approvals.
Key Words: sba, sba loan, sba loans, financing, business purchase financing, peter siegel, financial
Profile: Sometimes, restaurants for sale offer the opportunity to be converted to a new concept. It’s often the difficult decision of the buyer to continue operating the business in its current state, or take a chance and change it to a more viable concept. Spencer Siegel, BBN Facilitator, covers this topic.
Key Words: restaurant, spencer siegel, restaurants, convert, deli, sandwich, fast food, buying, buying a restaurant, converting
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Profile: The decision to sell your business is not always easy for business owners and is one that requires careful consideration. BizBenNetwork Senior Facilitator Manager Jordan Green breaks down the difficult decisions that business owners face to go out on top and avoid missing out on their final payday.
Key Words: jordan green, selling a business, sell a business
Related Discussions For This Posting
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Key Words: restaurant, restaurants, jordan green, buyers, buying a business, convert, can convert, asset, asset sale, due diligence
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Comments & Replies: 14 Topics: for sale by owner, landlords, selling a business
Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
Key Words: landlord, landlords, lease, leases, leasing