$249,000
530 University Ave San Diego, CA 92103
6
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$249,000
Est. payment /mo
Active
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
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