This established business is currently 100% staff run since the owners recently retired and moved out of state. Highly sought after location with incredible foot traffic and proximity to convention center and Petco park. Clean books and records with owner operator net income on 2016 tax return showing over $140,000. Sales have remained stable in 2017 since owners retired and trained staff are fully capable of handling day to day operations. Seller projects absentee net income between $90k and $100k in 2017 after paying all labor costs. Sale includes lucrative repeat corporate accounts as well as all kitchen equipment and fixtures with a replacement cost of over $200,000. Great ROI potential with a less than 2 year pay back for an owner operator. Price recently reduced to $250,000 for a quick sale.
Listing Number:
Category:
Location:
SOLD
Financial Information:
Gross Revenue:
Listed Price:
Total Adjusted Net Income:
Year Established:
General Location:
Hello World
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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Location: San Diego
This established business is currently 100% staff run since the owners recently retired and moved out of state. Highly sought after location with incredible foot traffic and proximity to convention center and Petco park. Clean books and records with owner operator net income on 2016 tax return showing over $140,000. Sales have remained stable in 2017 since owners retired and trained staff are fully capable of handling day to day operations. Seller projects absentee net income between $90k and $100k in 2017 after paying all labor costs. Sale includes lucrative repeat corporate accounts as well as all kitchen equipment and fixtures with a replacement cost of over $200,000. Great ROI potential with a less than 2 year pay back for an owner operator. Price recently reduced to $250,000 for a quick sale.
Listing Number:
Category:
Location:
San Diego
Office: (702) 368-2500 | Cell: (725) 233-3333
License #: BS.0146004
Financial Information:
Gross Revenue
$347,656
Listed Price:
$250,000
Lease Information:
Square Feet:
800
Total Rent:
$4,834
Lease Expiration:
2/2021
Lease Options:
1/5 yr option
Asset Information:
Leasehold Improvements:
$0
Equipment / Fixtures:
$220,000
Additional Information:
Full-Time Employees:
4
Part-Time Employees:
2
Training Period:
4 weeks
Reason for Selling:
Retirement
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker,
Terms of Use before responding to any ad.
License: NV RE S.0188852
Permit: Business Broker Permit BUSB.0007059
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