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SellingRestaurants.com

59k! Turnkey Business Or Bring Your Own Concept For Sale

San Diego, California - South, US
Asking Price:
$59,999
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

59k! TurnKey Business Or Bring Your Own Concept

NOW IS THE TIME- GET IN THIS TURN KEY LOCATION AT BARGAIN BASEMENT PRICE

Seller says let make this happen today, If you are serious about owning a restaurant, you owe it to yourself to check this place out.

Sushi / Poke To-Go Style - Modern Design - $59K Asset Sale

Description:

Avg of 787k in annual sales over last three years - offered as an asset sale for only $59K. Owners are relocating after 15+ years, creating an opportunity to acquire a proven sushi/poke restaurant in the prime retail center of this college-area neighborhood.

This 1,200 sq ft to-go style restaurant was remodeled in 2018 with a modern design and over $300K invested in the build out - now fully equipped and operating. Stylish, efficient, and ready for a new owner, it includes everything needed to continue service without permitting delays or construction costs.

Located in an upscale mixed-use development with residential above, the restaurant sits in the best, most visible spot in the immediate trade area. Co-tenants include Starbucks, Jamba Juice, and FedEx, and an on-site trolley stop brings lots of foot traffic from students, residents, and commuters. With few competitors nearby, this is a highly coveted location that rarely becomes available.

Highlights

$787K average annual sales (3-year average)
Asking price: $59K - a fraction of buildout cost
Remodeled in 2018 - $300K+ invested
Established in this location for 15+ years
Ventless hood & fryer, walk-in cooler + freezer
Multiple cold prep lines, digital menu boards, POS system
Seating for 24 + ADA restroom
Upscale mixed-use center with residential above
National co-tenants: Starbucks, Jamba Juice, FedEx
On-site trolley stop + lots of foot traffic
Few competitors in the area
Asset sale - equipment and lease included, business name not included
Best fit: sushi rolls, poke bowls, or other to-go style restaurants that don’t need a full hood system (wraps, acai, juice, vegan bowls)
Lease

Base rent: Negotiable
NNN/CAM: about $2,100/month
New lease available with landlord
Asking Price: $59,999 (Asset Sale pricing) - fully equipped and operating, at a fraction of replacement cost

Property Information

Real Estate:

Lease

Location:

San Diego, CA (San Diego County)

Premises Details:

Fully turn key location

Business Operation

Competition / Market:

Growing and fun business

Reasons for selling:

Consolidation and raising capital

Employees:
12
Years established:
15 Years+

Other Information

Support & training:

Seller will train as needed