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Beds Baths Sq Ft Sq Ft Lot Yr Built

Property Details

Neighborhood Map
About this Property

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.

MLS Listing Information

MLS #

SD240019728

MLS Source

San Diego MLS

Days on Site

125

Interior Features

Heating

Central Forced Air - Electric

Contact Agent

Crystal Lee

American Real Estate Group

License #: 01211665

Phone: (858) 717-3005

Neighborhood: Around This Home

Neighborhood: Local Demographics

530 University Ave is a Business Opportunity in San Diego, CA 92103. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $249,000 and was built in –. This address can also be written as 530 University Ave, San Diego, CA 92103.

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This listing information is up-to-date as of August 21, 2024. For the most current information, please contact Crystal Lee, (858) 717-3005