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Don Pelletier

[email protected] +1(858) 336-1114

$ 249,000

Est. payment -/mo

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530 University Ave San Diego, CA 92103

UPDATED:

08/21/2024 03:21 AM

Key Details

Property Type Commercial

Sub Type Com-BusOp

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240019728

Property Description

For Sale: Thriving Japanese Restaurant & Bar in Prime Hillcrest Location Price: $299,000/ Price Reduction - $249,000. Key Financial Highlights (2023): Total Sales: $1,016,100 (including sales tax & tips) Sales: $869,150 (excluding sales tax & tips) Net Income: $120,000 absentee run; $250,000 with part-time owner involvement Operational Details: Hours: 4 PM to 10 PM Owner Involvement: Owner and spouse each work 2 days a week, supported by additional staff on weekends High Margins: Full tip table service system with no sharing, ensuring strong profitability Lease Details: Base Rent: $5,590/month CAM: $1,000/month Lease Term: Expires 06/30/2025 with options for renewal Location & Market Advantages: Features : The establishment possesses a Type 41 Beer & Wine license, hood, grease trap and all FF&E included.

Location

State CA

County San Diego

Area Mission Hills (92103)

Interior

Heating Central Forced Air Elec

Exterior

Garage Street

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Call Agent

Listed by Crystal Lee • American Real Estate Group

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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Don Pelletier

Don Pelletier

530 University Ave San Diego, CA 92103

Key Details

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Interior

Exterior

Others

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530 University Ave

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