This unique restaurant is located in Hillcrest area of San Diego. The customer base is compromised of local residents and area visitors. There is a full bar with 47 liquor license. Bring your menu concept to this one of kind opportunity. Interior is a relaxed design which was all recently updated. Kitchen is fully equipped with 10 ft hood type one, 6 burner range and oven. The bar has (2) 3 door bar refrigerator with ability for 4 beer taps currently. Wine controlled unit. The premise is 2400 sq. ft and the patio is additional 300 sq. ft with roll up doors. Currently the monthly expenses are rent is $5400 month plus gas/electric and split water and trash with back tenant. This is a 2400 sq. ft restaurant for lease in the Hillcrest area. Great value in the lease, its below current market rent. This gives you time to get in to the business and get things operating sooner at a lower cost. This restaurant is move in ready. This space has everything ready for a working restaurant. Come start your new concept in this beautifully designed building with lots of natural light, outdoor patio with roll up doors. Great signage on busy University Ave. This property has great exposure for the restaurant with the highest sign on University Ave. Also upstairs area can be used for private events. Outdoor patio for additional seating. This property has so much potential for the right operator.

General Info

  • OrganizationCorporation
  • Established2018
  • Current Owner2018
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating126
  • Square Feet2400
  • Parking4 Shared spots
  • LicensesBusiness, Health, Type 47 (Hard Liquor License)
  • Open HoursClosed Business

Lease

  • Rent5400 mo + gas/electric 50% of water bill
  • Expiration3.5 years
  • Yearly IncreaseContact For Info
  • Option5 year option
  • DepositContact For Info

Financials

  • Monthly RevenueContact For Info
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact 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.

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