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#Business ID: 11680

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Asian Restaurant In Hillcrest With Beer/Wine License

Business Location: San Diego, California, United States

Asking Price: $ 99,000 Revenue: $ 100k to 250k Cash Flow: $ 0 to 100k

[Furniture / Fixtures included]

Business Summary

Great location in the heart of Hillcrest. Restaurant was opened a year ago, and has been growing ever since, but owners devote no time to it. Restaurant is an asset sale, perfect for concept change. 41 beer and wine license transfers with sale, as do all fixtures and equipment. Restaurant has 3 cooks and 4 waiters. Owner does not work at this location, and business runs well with no manager. 3 cooks and 4 waiters work the restaurant. Cooks are paid $10-$13 an hour, and wait staff is at $8 an hour. Name does not transfer with sale.

Property Details

Years Established:

2011

Property Type:

Lease

FF&E:

$ 99,000

Other Business Details

Premise Details:

Building size is 1020 sq. ft. Rent: $3963 with NNN. Lease: 4 years, Option: 5 years.

Expansion Potential:

The family works at their other location, this location is absentee run. Site would benefit from a present owner, as well as from increased marketing and advertising.

Business Operation Details

Employees:

7

Support & Training:

Yes, 2 weeks.

Miscellaneous Details

Reason For Selling:

To focus on other restaurant.

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