San Diego County - August 28, 2024
Long-Established, Highly Regarded Restaurant with Full Liquor License and Live Entertainment
Investment Summary
Offered At: $535,000 (For the Business)
A rare opportunity to acquire a well-established, highly respected restaurant with over three decades of continuous success. Known for its elevated European-inspired menu, specialty cocktails, and live entertainment, this destination has become a local favorite, consistently serving both loyal regulars and new guests. The inviting interior features a recently updated bar, refreshed flooring and finishes, and a remodeled restroom. Guests enjoy both indoor and outdoor seating, including a beautifully appointed front patio. The outdoor terrace, updated in recent years, offers additional al fresco dining.
The cozy, workable kitchen is fully equipped with newer appliances, including a recently upgraded walk-in compressor, modern pantry and line refrigeration, a newer oven and freezer, and a contemporary POS system with online ordering capabilities. Security cameras cover the premises inside and out for added safety and operational ease.
Holding a sought-after Type 47 Cabaret Liquor License, the restaurant also offers regular live music performances through a professional entertainment service, enhancing the vibrant atmosphere.
Operationally efficient, the business benefits from a seasoned and stable team, with many employees boasting years — even decades — of tenure. Current hours focus on lunch and dinner service Tuesday through Saturday, with flexibility to expand if desired.
The business enjoys strong vendor relationships with major alcohol distributors and is fully turnkey for a new owner ready to step into a thriving and well-maintained operation.
Investment Specifications
- State: California
- County: San Diego
- Annual Sales: $1,780,327 in 2024
- Cash Flow: $47,550
- Licenses: Full Type 47 Liquor License
- Size: 1,900 Square Feet
- Base Rent: Approx. $8,318 per month
- Lease Term: 5 years remaining with one (1) five-year option
- Seating: Space for 94 Guests
- Parking: Parking available in lot
- Hours: Open 5 days a week (Tues-Sat)
Listing Broker Contact
Charles Allen Smith
Managing Broker
I believe in treating others with respect, delivering more than expected, and always showing up early—because if I'm on time, I'm already late. These principles guide every interaction I have as a broker in general, but as the Managing Broker for Smith Allen Group and Corbett Restaurant Group.
Partnering Brokerage
