Encinitas Restaurant - Fully Operating
Encinitas, CA
| Asking Price: | $325,000 |
| Rent: | $7,080/Month |
| Established Year: | 2018 |
| Gross Revenue: | $1,000,000 |
| FF&E: | $150,000 |
Listing ID: 2294325Listing provided by BizBuySell
BUSINESS DESCRIPTION
Highway 101 Frontage Restaurant
Encinitas Prime Restaurant Location on 101 Coast Highway. 7 Year established restaurant location. Seating for +/- 50. Includes Type 41 Liquor License. Lots of free off-street public parking. Long Term Lease opportunity. $250,000 infrastructure and TI's included. Heath & Building Permitted. Possible Bonus Outside Dining Area. Does not include name, recipes or menu. Buyer experience and financial capabilities vetted and NDA before location disclosed.
DETAILED INFORMATION
Location
Encinitas, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
31/12/2027
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All Fixtures, Furnishing, Equipment. Including; Oversized Grease Trap, Range Hood, Stove, Oven, Refrigerator, Freezer, Appliances, Tables, Chairs, Cookware, Dinnerware, Type 41 Beer & Wine Liquor License $20,000 value. Lots of free off-street public parking. Enormous value to buy this rare Active Restaurant and save $200,000+ if had to start from non-operational restaurant having to go through new building & health permit process! 3 year balance of existing lease (modified gross), plus good opportunity for new longer-term lease.
Competition
Excellent Encinitas Beach area with very large customer pool. Active customers all day.
Growth & Expansion
Bring your own concept, move-in, and open for business on Day-One! Current business is doing +/- $1M sales with only dinner and some lunch hours. Easily expand hours to greatly increase sales and profit. Sale does not include business name, menu, recipes or training. Good possibility of hiring existing staff.
Support & Training
Experienced Restaurateurs preferred.
Reason for Selling
Focus on their home state restaurant locations (this is only location out of the
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