Ready to own a pleasant and laid back Cafe by a beautiful destination lake? Then this is for you! Established in 1947 the Lake Wohlford cafe has been a fixture for locals and tourists on their way to Bates Nut Farm, fishing and recreation at the lake, and motorcycle clubs out for a ride through the scenic hills of eastern San Diego County. Removed from the hustle and bustle of the city but close enough to draw clients from downtown Escondido and Valley Center. Restaurant is nestled across the street from Lake Wohlford. Seats 15 at the Oak bar (beer and wine) and approximately 60 in the dining room. Strong and loyal existing clientele with lots of room for growth. Menu and decor need updating but otherwise an inexpensive way to start living your dream of restaurant ownership. Current hours leave plenty of time for a family life or gives room to grow the business further. Current owner has an illness in the family and needs to dedicate her time there. Priced to sell!

General Info

  • OrganizationSole Proprietorship
  • Established1947
  • Current Owner2006
  • Employees7
  • Reason For SaleRetirement

Facilities

  • Seating75
  • Square Feet1256
  • ParkingPlenty onsite
  • LicensesType 41 ABC, Health, Sellers Permit
  • Open HoursTue-Sat 5:30 AM to 7:00 PM Sun 5:30 AM to 2:00 PM Parking Situation

Lease

  • Rent$1,835
  • Expiration2026
  • Yearly Increase2%
  • OptionContact For Info
  • DepositContact For Info

Financials

  • Monthly Revenue$17,000
  • Monthly Cash Flow$1,000
  • Annual Revenue$200,000
  • Annual Cash Flow$12,000
  • Payroll$$5,000

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.

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