Profitable Encinitas Restaurant on Coast Hwy

Encinitas, CA 92024

Property Description

  • Extremely rare opportunity to purchase an established profitable restaurant in Coastal Encinitas – in business for more than 10 years
  • Restaurant is completely absentee run, and fully managed by long term trustworthy employees that would love to stay
  • Huge room for growth in revenue, this is a great concept that has the viability & potential to scale to additional locations

Property Details

  • Price : 
    $695,000
  • Price : $695,000
  • Rent : $7,900/mo Gross
  • ABC License : Type 41 - till 12am, 7 days a week
  • Size : 1,787 SF sq ft
  • Lease Term : 6 years
  • Net Sales : +/- $1,131,000
  • Net Profit : +/- $240,000