Profitable -great sales-great rent and location - Business for Sale
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Italian Restaurant in San Diego, CA
San Diego, CA, US
Added 26 days ago
Restaurant
13 years in business
Italian restaurant located in San Diego, CA, established for 13 years and serving a local customer base with dine-in service.
Key Information
Asking
$430K
Revenue
$820K
Earnings
$273K
Multiple
1.6x
Key Highlights
- Net income for 2023 was $184,283
- Net income for 2024 (P&L statement) is $181,654; adjusted net income is $252,654
- Business has been established for 13 years
- Restaurant is 1,545 square feet
- Current rent including CAM is $6,100 per month, which was 8.62% of 2023 sales
- Lease expires June 2026 with additional options available
- Located in San Diego, CA
- Assets included: 12 ft hood with Ansul System, mixer, walk-in cooler, double deck imperial oven, two six burner ranges, two refrigerated prep tables (recently replaced), bar fridge (recently replaced), kitchen air recycler (recently replaced), new ice machine, and exhaust fan (recently added, under warranty)
Contact Info
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