Description 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: