Profitable Upscale Restaurant in La Jolla - Business for Sale

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Upscale Restaurant with Liquor License in La Jolla, CA

La Jolla, CA, US
Added 5 months ago
Restaurant
Absentee / Semi-Absentee

Restaurant with over 20 years of operation and a loyal customer base located in La Jolla, CA, currently run absentee with a full liquor license and patio seating.

Key Information

Asking

$549K

Revenue

$1.9M

Earnings

$175K

Multiple

3.1x

Key Highlights

  • Monthly rent: $13,000 (gross lease)
  • Lease term: 10 years
  • Premises size: 2,615 SF interior plus patio seating
  • Includes Type 47 Full Liquor License
  • Business has operated in La Jolla Village for over 20 years
  • Currently operated absentee by long-time employees

Contact Info

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