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Point Loma / Ocean Beach

  • Listing No.: 106-15573

  • Category: Food - Restaurant

Asking Price $119,000.00
Down Payment
Gross Revenue $668,000.00
Total Adjusted Net Income
Equipment / Fixtures $96,490.00
Year Established 2013
General Location Point Loma / Ocean Beach
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This turnkey, staffed 7-year fast casual Latin restaurant is a must see! Easily convertible to any concept, the 2,050sqft. space includes: ABC 41 license, fully furnished dining area, 15-Foot Hood with Ansul system, grease trap, convection oven and walk-in refrigerator/freezer. The seller is relocating out of state and would like to place this opportunity in the hands of the right buyer. Recent sales reports, equipment list and copy of lease are available with NDA. No financial statements or tax returns are provided as this is a sale of tangible assets only (not an owner income/profit sale). Call Todd at 415-846-7267 for NDA.

Gross Revenue $668,000.00 Listed Price $119,000.00
Total Income Down Payment
Base Rent $4,920.00 Square Feet 2050
Total Rent $6,350.00 Lease Expiration 7/2023
Rent Deposit $9,430.00 Lease Options
Inventory $2,000.00 Leasehold Improvements
Equipment / Fixtures $96,490.00 Other Assets
Full-Time Employees 5 Training Period
Part-Time Employees 6 Special License Required Optional ABC 41 License - Transfer to buyer
Contract Staff Reason for Selling Relocation out of state

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.