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Pacific Beach Restaurant w/ Beer & Wine Close to Beach

California, Pacific Beach
Asking Price $129,000.00
Gross Income $533,794.00
Cash Flow $533,794.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Banquet Hall Caterer
Overview
This Pacific Beach restaurant with a beer and wine license is located within steps of the beach and has been a favorite of both locals and tourists for nearly 10 years. Nestled within the center of Pacific Beach s main attractions, locals love it for its close proximity to home, and summer visitors make it a regular visit. Pacific Beach continues to be a San Diego hotspot, and this stellar location is a rare opportunity due to its excellent street visibility and exposure, in addition to the goodwill developed from its loyal customer following.
Business Details
Location and Facilities: The 1,200 square foot facility leases for $4,900 per month, including common area maintenance expense. All of the restaurant s furniture, fixtures, equipment, beer and wine license and goodwill are included in the sale. The name, menu and recipes are also included in the sale should a new owner seek to continue to capitalize on the existing concept.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: One of the primary owners has been out of town focusing on their next venture the last few years. As such, a new owner that can offer the operation the utmost attention should naturally capitalize on easily missed opportunities. Increased marketing during the non-summer months, aggressive delivery advertising and other promotions should provide a new owner the ability to capture additional market share. A new owner may continue with the already successful concept, or convert to a number of other popular options not currently offered. Competition: This prime location is at the epicenter of a thriving, highly desirable community, which gives it a built in advantage in the immediate local area. While

Reasons for Selling: Personal

Financing:

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