Profitable Italian Restaurant in Pacific Beach / La Jolla
| Asking Price: | $750,000 |
| Gross Revenue: | $1,900,000 |
| Cash Flow: | $350,000 |
This is an amazing opportunity for a hands-off owner to capitalize on a fully managed, profitable restaurant. The restaurant has a longstanding history with consistent cash flow, averaging annual net profit of approximately $350,000 over the past three years. It features a Type 41 ABC License, which permits alcohol service both inside the restaurant and on the outdoor patio.
The business has a positive reputation, averaging 4.75 stars based on thousands of reviews across multiple platforms, and boasts a perfect 5-star rating on TripAdvisor.
Key Details:
3-Year annual Average Gross Sales: approx. $1,900,000
3-Year annual Average Net Profit: approx. $350,000
Size: 1,582 square feet plus patio
Rent: $5,806 per month (all-inclusive)
Lease Term: Long-term lease available
ABC License: Type 41
Price: $750,000
Listed Exclusively by Location Matters Inc.
