$199,000.00
Asking Price
Address: 4427 El Cajon Blvd, San Diego, 92115.
Status: Active
Posting ID: 286053
4/8/24
Description
The establishment, which comprises 3,062 square feet with seating for 60 patrons, is currently closed. A new lease is available, commencing at $2 per square foot, NNN. It comes fully equipped and fixturized but requires significant tender loving care (TLC). The establishment holds a Type 47 liquor license, inclusive of off-sale beer and wine.
Notably, between the years 1997 and 2018, this establishment enjoyed considerable success under the ownership, who also possessed the property.
The property was sold in May 2018, followed by the sale of the business in August of the same year. However, it was repossessed in 2022, remaining closed since then.
All necessary licenses and permits remain intact and accessible.
The landlord is open to negotiating a new lease, commencing at $2 per square foot, NNN.
This presents an excellent opportunity for interested parties to save a considerable amount of money ($$$$) to establish a first-class operation.
The seller is highly motivated. The establishment can be acquired with the liquor license for $199,000 or without for $29,000.
For those genuinely interested, please contact us to schedule an appointment for a visit.
To get more information about this Italian Restaurant And Bar - Closed, Equipped business for sale in San Diego please phone Joe Saad (Broker - BRE License #:00875451) at 619-954-7711 Cell and 619-954-7711 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286053 on BizBen.com. In addition to phoning Joe Saad, make sure you email Joe Saad above to get more info about this Italian Restaurant And Bar - Closed, Equipped, to ask any questions or request an appointment to see this business for sale. Thank you. License # 00875451. Joe Saad & Associates.
Contact
Details
Asking Price: $199,000.00
Down: Cash Only
Cash Flow: N/A
Revenue: N/A
Area: San Diego
City: San Diego
Attributes:
My Notes About This Listing
Cash flow
$200,524
Revenue
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Net Worth
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Revenue
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Down
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Down
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Down
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Revenue
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Down
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Total Investment
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Min Liquid Cash
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Net Worth
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