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Asking Price$245,999
RevenueUndisclosed EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
1263 University Ave In Hillcrest. Restaurant With Full Bar, Fully Equipped. Below Market Rent. RRC#: 3502

New Price Reduction: Offered At $245,999

RRC#: 3502
Location: San Diego County
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Monthly Rent: $5,400 mo + gas/electric 50% of water bill

Listing Description:
This unique restaurant is located in Hillcrest area of San Diego. The customer base is compromised of local residents and area visitors. There is a full bar with 47 liquor license. Bring your menu concept to this one of kind opportunity. Interior is a relaxed design which was all recently updated. Kitchen is fully equipped with 10 ft hood type one, 6 burner range and oven. The bar has (2) 3 door bar refrigerator with ability for 4 beer taps currently. Wine controlled unit. The premise is 2400 sq. ft and the patio is additional 300 sq. ft with roll up doors. Currently the monthly expenses are rent is $5400 month plus gas/electric and split water and trash with back tenant. This is a 2400 sq. ft restaurant for lease in the Hillcrest area. Great value in the lease, its below current market rent. This gives you time to get in to the business and get things operating sooner at a lower cost. This restaurant is move in ready. This space has everything ready for a working restaurant. Come start your new concept in this beautifully designed building with lots of natural light, outdoor patio with roll up doors. Great signage on busy University Ave. This property has great exposure for the restaurant with the highest sign on University Ave. Also upstairs area can be used for private events. Larger outdoor patio for additional seating.This property has so much potential for the right operator.

General Information:
Organization: Corporation
Established: 2018
Current Owner: 2018
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Payroll: Contact For Info
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Ad #114352
Seller Reference #3502
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
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