Excellent location, profitable, absentee, 20 years establishment

, California 4 views 0 favorites

Financial Highlights
Asking Price
$328,000
Revenue
$700,000
Business Description

This restaurant has been established for more than 25 years in the same busy shopping center with a major super market. It has been one of the major establishments in the community . Seller is only managing the restaurant as an absentee owner. Restaurant has management in place and has been running very well, even during the shut down of the pandemic. Now the business is thriving better than before. With more than 30 years in the restaurant industry, new buyer will benefit from the well developed establishment of the restaurant. Location: San Diego, California Year Established: 1997 Number of Employees: 7 Real Estate: Leased Rent: $9,890.00 Per Month Facilities: Beautifully built out with lovely patio. Beer and Wine bar area. Modern, clean , bright Fully equipped kitchen Website: paragonacquisitionsintl.com Market Outlook/ Competition: With a working owner, the business can make much more than $130,000/ year Growth & Expansion: The business is one of the major establishments in the area. New owner can improve on social media presence

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 1 week ago

Views: 4

Favorites: 0