Description

This North County Inland San Diego restaurant and bar specializes in offering a farm fresh menu, small production boutique wines and a unique specialty micro beer offering. The venue has been designed to include a rustic blend of reclaimed wood that creates a comfortable, contemporary old west feel. The spacious facility has a favorable lease at $1.37 per square foot (including CAM expense) and boasts a large kitchen and prep area that is ideal for catering and private parties. The business sale includes a beer and wine license as well a non-amplified live entertainment (limited to no more than 3 entertainers) entitlement. The unique facility layout also includes an option to expand into a large partially covered patio.

This 3,500 square foot restaurant leases for $4,810 per month on a lease that expires in 2020 with a 3 year option. All of the business’s furniture, fixtures, equipment and Type 41 Beer & Wine License will be included in the sale, however some of the assets are owned by the landlord (though the tenant has exclusive use of them). Approximately $7,500 in inventory will be sold at cost at close.

Competition exists however this area has experienced significant growth in recent years. This is expected to continue for some time as re-investment has fueled growth.

This North County community in which this venue is located is one of the next pockets undergoing rapid gentrification. As such, the business is in a prime location to capitalize on the anticipated growth. The business’s revenues have continued to increase each year. At this point however, the owners however have decided to move in a different direction and offer the business for sale despite its promising future.

Training: 2 Weeks at 20 hrs/wk