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yourdomain > San Diego > business > restaurant-near new-bargain priced - $198,888 (poway)

restaurant-near new-bargain priced - $198,888 (poway)

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Posted : Friday, October 13, 2023 11:09 AM

Here is your opportunity to get in almost immediately to one of the nicest kitchens and build outs in all of North County San Diego.
This is a premier restaurant location in North County San Diego that can be turnkey for the current concept or bring your own concept, your choice! Save big money, months and months of time and all the headaches compared to building out on your own.
This restaurant is ready today! The seller spent well over $500,000 and 12 months building this location out.
They have been open for just one year, so everything is in near new condition, the owner spared no expense, and it shows.
The seller operates two another restaurants and there is just not enough time in the day for all three.
It's absentee owner run currently so lots of opportunity to improve operations.
An owner operator that could devote the necessary energy and time to this location will thrive.
It is already doing very well and an owner operator in place would maximize potential.
The current concept is very easy to learn and duplicate , so there could be a franchise type opportunity waiting for you if you wanted to open additional location down the road.
Customers love this concept as evidenced by their 4.
5-star online reviews.
Their extremely well-received menu drives customers in from the close by Mira Mesa and Scripps ranch areas, showing just how popular and loved their menu is.
Located in one of the busiest centers in Poway, all the big-name restaurant tenants are already in the herer drawing huge customer counts into the center located on the main road in this city .
After a year of operations, they have their sales up to an average of 70k per month and that is with only being open for business six days per week! First quarter seller prepared PNL shows net income of approximately 25K! That is with an absentee owner, huge bottom line improvements would happen with one or more working owners in place.
Want to see a big sales increase? Simply open up a 7th day and there it is! The kitchen has the gold standard Rational icombo oven (cost over 20k) an extra-long hood system with fire suppression, six burner stove.
double fryer, cold prep table and more.
They have both a walk-in cooler and walk in freezer already in place.
The kitchen is built to handle high volume.
The restaurant space is 2250 sq feet with a shared outside patio area.
The rent is 7316/month plus 3600 CAM (includes water).
All in rent is just under 11k.
The current lease term expires April 2032 with two five-year options.
The restaurant space is yours for a long time.
Come by today to see if this restaurant is the one you have been waiting on.
Contact Rob Tade show contact info cbre 01339409

• Phone : NA

• Location : Poway,CA

• Post ID: 9118869928


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