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#Business ID: 14652

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Restaurant/ Night Club Gaslamp Downtown San Diego, 47 Liquor License

Business Location: San Diego, California, United States

Asking Price: $ 2,750,000 Revenue: $ 3,600,000 Cash Flow: $ 720,000

[Furniture / Fixtures included]

Business Summary

Total Sq-Ft: 15,500 Sqft Lease Term. 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.

The Best of Gaslamp. It is one of the Main Anchor Dining and Entertainment Spots in Gaslamp San Diego.

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, Style, Romance And Especially Great Dining Experiences.

Expansion Potential:

New owners can add in night club/dancing 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 net profit DO NOT include the night club/dancing services.

Business Operation Details

Support & Training:

Yes

Miscellaneous Details

Reason For Selling:

Too many locations

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