This is a an opportunity to purchase a turnkey, beautiful restaurant with low rent, great location, and upside potential for an experienced operator with a new or expanded menu. It's currently operating as a restaurant selling traditional Vietnamese food. No other restaurants are currently in the strip center and the landlord may permit a new food concept. It's located on busy El Cajon Boulevard at a signalized intersection, and prominently situated within a small strip center with an anchor tenant and parking. This neighborhood is home to thriving Vietnamese and other Asian business owners who frequent the establishment. A partial list of the furniture, fixture, and equipment included in the sale follows: American range with burner; Royal Burner; (2) True refrigerators; (2) microwaves; Atosa refrigerator; GE freezer; (2) LED televisions; ice machine; (8) dining tables, (30) chairs; Range guard fire system; Stainless steel tables, counters, shelves, sinks, cutlery, utensils, plates, saucers, bowls, and more.... Back of the house by appointment only. Address provided upon receipt of a signed NDA from qualified purchasers. Please do not disturb employees who are unaware of the sale.

General Info

  • OrganizationCorporation
  • Established2018
  • Current Owner2018
  • Employees3 FT
  • Reason For SaleConsolidating

Facilities

  • Seating30
  • Square Feet1005
  • ParkingOn site.
  • LicensesCity of San Diego business permit; County of San Diego health permit.
  • Open HoursWed-Monday 8a-8p

Lease

  • Rent$2175 includes $625 CAM
  • Expiration12/31/20
  • Yearly IncreaseFixed.
  • Option1x5 @ fixed increases
  • Deposit$1,500

Financials

  • Monthly Revenue$5,418
  • Monthly Cash FlowContact For Info
  • Annual Revenue$72,452
  • Annual Cash FlowContact For Info
  • Payroll$Contact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location