Jan 9, 2020 — This La Jolla restaurant is in a prime location with excellent access to the world famous beaches, coves and village. The restaurant was recently renovated with new code-compliant upgrades, “fresh” fixtures and a contemporary dining room. The opportunity presents a turn-key facility for a new owner to continue to build upon the existing concept or implement their own. The inclusion of a beer and wine license complements a number of concepts that could thrive with a unique craft beer offering and/or specialty wine bar.
The business is located in an 1,800 square foot facility that leases for $6,500 per month (gross lease all in) with 2 years remaining and a five year option. All of the business assets will transfer in the sale including the furniture, fixtures, equipment, and beer and wine license. Inventory will be sold in addition to the purchase price at cost at close.
Competition is considered to be medium as La Jolla has numerous dining options, however there are still certain concepts which remain.
The business, location and facility have significant growth potential. This location has successfully operated as a restaurant for over 20 years and neighbors certain landmark retail stores and other restaurants. The facility would support a number of concepts that could be easily implemented with its turnkey, fully built-out kitchen and prime location.
Training: 2 Weeks at 20 hrs/wk