Well Established, Profitable, Highly Visible, Main Street Restaurant

Well Established, Profitable, Highly Visible, Main Street Restaurant in Prime Corner Coastal Location

RRC# 4891
Location: San Diego County

Description:
From the open-concept floor plan, wood-burning oven and light-drenched spaces this restaurant and its location give you that true San Diego vibe. Surrounded by multiple upscale hotels patronized by many seasonal Tourists, Conferences and is a Locals favorite. This restaurant is 100% absentee ownership with excellent consistent management these past 4 years. The showcase kitchen invites you to view the process of cooking in a relaxed and unhurried atmosphere where modern and semi- upscale dining is delivered in a friendly, caring and artless way. The Chef’s dream show kitchen is so well equipped and includes a large Pizza oven, 2 Broilers, 3 deep fryers, burners, 2 Rational convection ovens, refrigerated worktops all under a 25ft type 1 hood. Separate kitchen prep area includes all the toys from a robot coupe, large stem blender, 20 qt mixer, stainless steel worktops, banks of upright refrigeration and freezers along with a walk-in. The dining room seats 120 with a large wrap around patio for a further 70 seats, all under heat lamps adorned with many firepits. Appealing, light walls and decor with modern art and a few TV’s with the Center placed Cocktail Bar with its 30-high seats serving all manner of wine, beers and a variety of hand-crafted cocktails. The financials below are annualized 2024 with historic tax returns available to well qualified Buyers. This high value San Diego County type 47 full liquor license is included in the sale. Long term, competitive lease with up to 16 years remaining makes this opportunity the ONE not to be missed.
This is a highly confidential listing so to receive more information and discuss this opportunity with the broker along with connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll connect you with the Broker who will request your experience resume and strong financials prior to sending you the name and address of this business along with financial information, lease & comprehensive list of equipment included with the sale. No Broker Co-op.


Financial Information:
Monthly Revenue: $260,625
Monthly Cash Flow: $27,868
Annual Revenue: $3,127,500
Annual Cash Flow: $334,416

General Info:
Ownership: LLC
Established: 2020
Employees: 45
Reason For Sale: Other Interests
Monthly Rent: $18,429
Expiration: 2025 plus Three 5 year Options

Facilities:
Square Feet: 5,000
Seating: 150 Indoors 70 Outdoor Patio
Parking: Parking Structure & Street
Licenses: ABC Type 47, Health & Business
Days/Hours of Operation: Daily 11.00am - 10.00pm