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#Business ID: 14615

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Profitable Restaurant/Lounge ,47 License And Entertainment Permit

Business Location: San Diego, California, United States

Asking Price: $ 2,700,000 Revenue: $ 3,600,000 Cash Flow: $ 875,000

[Furniture / Fixtures included]

Business Summary

Total Sq-Ft: 15,500 Sq ft Lease Term Would Be 10 Years with 5 years Option. 47 License with Entertainment Permit for Night Club.
Rent: Base Rent: Apx 21,600/month + NNN
4000/month

All Financial Records Will Be Released To Buyer after An Accepted Offer; Buyer Can Independently Verify All Records during the Contingency.

The Best of Gas lamp. It is one of the Main Anchor Dining and Entertainment Spots in Gas lamp San Diego. ****New owners can add in night club after 10:30 P.m with private entrance. The business has obtained the entertainment permit which is extremely rare to get in Downtown San Diego. The current gross sales and profit DO NOT include the night club/dancing services.****

Property Details

Property Type:

Lease

FF&E:

$ 1,000,000

Other Business Details

Competition:

It Is One Of The Main Spots In Downtown San Diego. It Is Difficult For New Comers To Compete With This Place. This Business Offers Class and Style And Especially Great Dining Experiences.

Expansion Potential:

Unlimited growth and expansion due to the extremely rare ENTERTAINMENT PERMIT. San Diego is in need of a new and exciting night club. It is your golden opportunity to own one.

Business Operation Details

Support & Training:

Yes

Miscellaneous Details

Reason For Selling:

Too many locations throughout the U.S.

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