$390,000.00
Asking Price
Status: Active
Posting ID: 282418
11/3/23
Description
For sale is a Mediterranean restaurant that has been established for 10 years and is family-owned and operated in San Diego. The 2022 sales were $601,369 and the owner-adjusted cash flow was $171,629. The lease is 3 years with a 5-year option for 1,800 sq ft. It is $5,400 per month for rent. Parking includes 22 spaces. There are 44 seats.
The business hours are 11 am to 11 pm for 7 days. A 47 ABC license is included in the price and valued at $120,000, or the buyer can purchase without a license for $270,000. The asking price is $390,000 for cash or submission. SBA funding may be available.
Gross Revenue:
2020: $581,005 owner cash flow of $171,462
2021: $609,770 owner cash flow of $189,917
2022: $601,369 owner cash flow of $171,629
2023: $238,785 through May 31st.
To get more information about this Mediterranean Restaurant - With ABC 47 License business for sale in San Diego County please phone Jeff Weiner (Broker - BRE License #:00875345) at 858-774-6318 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #282418 on BizBen.com. In addition to phoning Jeff Weiner, make sure you email Jeff Weiner above to get more info about this Mediterranean Restaurant - With ABC 47 License, to ask any questions or request an appointment to see this business for sale. Thank you. License # 00875345. Page Olson.
Contact
Details
Asking Price: $390,000.00
Down: All Cash
Cash Flow: $171,629.00
Revenue: $601,369.00
Area: San Diego County
City: None Given
Attributes:
My Notes About This Listing
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