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Business Listed by

Sunbelt San Diego Coast

Contact: Hal Janke, Pres.,CBI, FIBBA
Office Phone: 760-931-9530
Mobile Phone: 760-612-7018
Listing ID: SDCOAST001-N423

Renowned Coastal Restaurant & Event Space, Liquidation Sale

Financial Information

  • Asking Price: $290,000
  • Gross Revenue: N/A
  • Cash Flow: N/A
  • Down Payment: $200,000
  • FF&E (Not Included): ON REQUEST
  • Inventory: $15,000
  • Financing: No

Business Location

  • San Diego
  • LaJolla
  • California
Primary Business Category: Restaurants

Liquidation Sale, California Renowned Restaurant.Liquidation Sale, California Renowned Restaurant.Located in a major Ocean view area in one of San Diego's most esteemed locations (Del Mar/LaJolla) for locals and tourists alike. Patrons are captivated by a sense of grandeur and awe at the beauty of this modern, sophisticated banquet hall, with fully equipped service kitchen, 3 bars, multiple private event spaces, entertainment area, full liquor license, plenty of parking, type 47 liquor license, entertainment license on weekends and more. Seating capacity approx, 450. This beautiful and stunning restaurant has over $2.5MM in improvements and added features.The savings on the rent equates to $2MM dollars over 15 years going forward in this special location.Utilized for Weddings, seminars, business meetings, holiday events, Bar Mitzvah, Christian events, graduations, etc.Operating as a full service restaurant- and weekend entertainment center as a late-night lounge on the weekends, this muti-use venue has enough to offer for both passers-by and the local nightlife. DISCLAIMER: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or, ocean view, food, beverage, food,

Competition Description

Some competition but this venue is very unique to its competitors.

Growth / Expansion overview

Plenty of room for growth and expansion.

Support / Training Comments

4 weeks.

Financing Comments

Reason For Sale
Other business endeavors – out of area.
  • Home Based: No
  • Year Established: 2017
  • Franchise: No
  • Year Acquired: 2017
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Real Estate Asking: ON REQUEST
  • Days Open: seven
  • Hours Open: 9-6
  • Fulltime Employees: 5
  • Part time Employees: 7
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 10050 sq ft
  • Seats: 450
  • Parking: major parking underground
  • Monthly Rent: ON REQUEST
  • Lease Expires: 02/01/2032

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