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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

North County Family Restaurant

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $588000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1956
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

North County San Diego Family Restaurant With Beer And Wine License-price Reduced RRC#: 2093 Asking Price: $149,000 Location: San Diego County, Escondido, California Yearly Revenue: $588,000 Yearly Cash Flow: Contact For Info Monthly Rent: 5028 includes NNN of $408 LISTING DESCRIPTION: Established in 1956, this venerable family restaurant serving breakfast and lunch has been operated since 2012 by the current owners. Partners wish to pursue other business pursuits. Turnkey, spotless operation with large seating for 124 with a large patio currently seating 20. Immediate upside potential by increasing hours to include dinner service. FF&E is owned by landlord and itemized within the lease agreement. In addition to the Type 41 Beer and Wine license, the FF&E transferred by seller includes (2) POS terminals Flat Screen TV mixer meat slicer misc. pint, wine glasses cocktail trays coffee mugs flatware, plates cooking utensils (2) banquet tables umbrellas custom planters (9) wall pictures. Back of the house inspection by appointment only. Do not disturb employees who are unaware of sale. GENERAL INFORMATION: Organization: LLC | Year Established: 1956 | Current Owner: 2012 | Employees: 6 FT 3 PT | Seating: 124 interior 20 patio | Square Footage: 3000 + 1000 SF patio | Parking: +/- 29 stalls on site. | Licenses Required: County Health and City busness permit. | Days Open/Hours: 7 days/6am-3pm | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $588,000 | LEASE INFORMATION: Monthly Rent: 5028 includes NNN of $408 | Lease Expiration: 2/28/2022 | Lease Option: 4 x 5 year at fixed rent. | Security Deposit: 15000 | FINANCING INFORMATION:

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