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Mediterranean Restaurant & Bar With Liquor License
Location: United States -> California -> Carlsbad
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

Full Service Restaurant and Bar - Type 47 (2am) Amplified.

Great Location! Full Service Restaurant and Bar since 1996 - Standalone building with Type 47 Liquor License (2am) - Amplified. Near Carlsbad Outlets, Legoland, Flower Fields, Business Community, right off Hwy5. Lots of on premise parking. Average 3 year gross about $600,000. Adjusted net about $90,000.

Popular new concept launched 2014. Assume current concept and menu or introduce your own. Local craft brews on tap, lovely wines from CA and overseas.

Tremendous opportunity for motivated restaurateur to step into a profitable business today with growth potential limited only by your energy and imagination.

Seller is slowing down, moving toward retirement and has priced to sell.

Landlord of the standalone building is requesting a 10 year lease at $11,000 monthly - negotiable. 2850 sf building seats 80 inside and 1100 sf all season patio seats 55. Fireplace, retractable cover, heaters, and two waterfalls. Amplified entertainment offered 4 nights weekly.

Plenty of dedicated parking, lot recently refurbished. Kitchen is loaded and suitable for many concepts. AC is 1.5 years new.

Currently 1 full time cook and 9 part-time employees run the operation with owners acting as general managers about 40 hours per week between them.


Asking Price Range:  < $250K
Gross Revenues:   $600,000
Cash Flow:   $90,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  3 weeks
Reason For Selling:  Retiring

Print Listing Id: 700314272
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

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